Here’s the latest rental activity and trends for the Phoenix Metro area for September 2022…
Closed Rental Units: 2,152 (38.04% increase year over year)
Median Lease Rate: $2,100 (0.00% increase year over year)
Average Lease Rate: $2,312 (0.30% decrease year over year)
Average Days on Market: 31 (72.22% increase year over year)
