Rental Statistics

By Rentals America - Tuesday, October 20, 2020

September 2020 Rental Market Update

The Phoenix rental market continues to show strength. Limited supply of available properties and strong demand continue to drive year-over-year rental appreciation.Check out recent rental activity and trends for the Phoenix Metro area for September 2020...Closed Rental Unit...

By Rentals America - Thursday, September 17, 2020

August 2020 Rental Market Update

Check out recent rental activity and trends for the Phoenix Metro area for August 2020...Closed Rental Units: 2,060 (8.36% decrease year over year)Median Lease Rate: $1,743 (9.28% increase year over year)Average Lease Rate: $1,937 (9.25% increase year over year)Average Days on Ma...

By Rentals America - Tuesday, August 18, 2020

July 2020 Rental Market Update

Check out recent rental activity and trends for the Phoenix Metro area for July 2020...Closed Rental Units: 2,274 (7.47% increase year over year)Median Lease Rate: $1,699 (6.19% increase year over year)Average Lease Rate: $1,887 (5.83% increase year over year)Average Days on Mark...

By Rentals America - Monday, July 20, 2020

June 2020 Rental Market Update

Check out recent rental activity and trends for the Phoenix Metro area for June 2020...Closed Rental Units: 2,134 (8.43% increase year over year)Median Lease Rate: $1,675 (4.69% increase year over year)Average Lease Rate: $1,839 (2.97% increase year over year)Average Days on Mark...

By Rentals America - Wednesday, June 17, 2020

May 2020 Rental Market Update

Check out recent rental activity and trends for the Phoenix Metro area for May 2020...Closed Rental Units: 2,034 (15.37% increase year over year)Median Lease Rate: $1,600 (3.23% increase year over year)Average Lease Rate: $1,764 (3.34% increase year over year)Average Days on Mark...

By Rentals America - Thursday, May 21, 2020

April 2020 Rental Market Update

Check out recent rental activity and trends for the Phoenix Metro area for April 2020...Closed Rental Units: 1,618 (2.08% increase year over year)Median Lease Rate: $1,600 (6.67% increase year over year)Average Lease Rate: $1,751 (2.94% increase year over year)Average Days on Mar...

By Rentals America - Wednesday, April 22, 2020

March 2020 Rental Market Update

Check out recent rental activity and trends for the Phoenix Metro area for March 2020...Closed Rental Units: 1,783 (0.056% decrease year over year)Median Lease Rate: $1,600 (7.02% increase year over year)Average Lease Rate: $1,759 (7.32% increase year over year)Average Days on Ma...

By Rentals America - Thursday, March 19, 2020

February 2020 Rental Market Update

Check out recent rental activity and trends for the Phoenix Metro area for February 2020...Closed Rental Units: 1,750 (1.98% increase year over year)Median Lease Rate: $1,550 (3.68% increase year over year)Average Lease Rate: $1,717 (4.89% increase year over year)A...

By Rentals America - Thursday, February 20, 2020

January 2020 Rental Market Update

Check out recent rental activity and trends for the Phoenix Metro area for January 2020...Closed Rental Units: 1,701 (1.49% increase year over year)Median Lease Rate: $1,550 (5.08% increase year over year)Average Lease Rate: $1,742 (4.81% increase year over year)Average Days on M...