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Average List Price
$660,942
Average Price per Sqft
$357
Number of Active Listings
5,537
New Listings (last 30 days)
1,586
Average Days on the Market
76
Average Year Build
1986
Recent Transactions
Homes Sold (last 30 days)
1271
Average Sale Price (last 30 days)
$569,476
Rental Market
Average Rent per month
$3,932
Phoenix, Arizona, is a hotspot for multifamily income properties, boasting a booming economy, rapid population growth, and a strong rental market. As one of the fastest-growing cities in the United States, Phoenix attracts a diverse tenant base, including young professionals, retirees, and families seeking affordability and opportunity. The city's sunny climate and business-friendly environment have fueled development and demand for quality housing, making it an ideal market for investors. With a mix of modern apartment complexes, mid-sized developments, and high-demand suburban communities, Phoenix offers a range of multifamily investment opportunities. Its steady rental growth and low vacancy rates make it a prime destination for those seeking strong cash flow and long-term value in the multifamily sector.
Map of the area
$375,000
$500,000
$510,000
$360,000
$2,300
$500,000
$295,000
3D Tour
$399,999
$295,000
3D Tour
$229,000
$2,995
$489,900
$725,000
3D Tour
$470,000
$629,499
3D Tour
3D Tour
3D Tour
3D Tour
3D Tour
3D Tour
Days on the Market
Ascending
24
Residential
$485,900
MLS# 7030778
ACTIVE
Listing Office: HomeSmart
Residential
$535,000
MLS# 7001250
ACTIVE
Listing Office: HomeSmart
Residential Lease
$1,490
MLS# 7029681
ACTIVE
Listing Office: Property Hub LLC
Residential Lease
$1,500
MLS# 7020081
ACTIVE
Listing Office: AZ Prime Property Management
Residential
$145,000
MLS# 7027037
PENDING
Listing Office: My Home Group Real Estate
Residential Lease
$949
MLS# 7005738
ACTIVE
Listing Office: Rosenbaum Realty Group
Residential
$319,000
MLS# 6978156
ACTIVE
Listing Office: Russ Lyon Sotheby's International Realty
Residential Lease
$1,980
MLS# 7039868
ACTIVE
Listing Office: Stirling Brokery Arizona
Residential Lease
$1,299
MLS# 7033801
ACTIVE
Listing Office: Opulent Real Estate Group
Residential Lease
$1,695
MLS# 7015388
ACTIVE
Listing Office: E & G Real Estate Services
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