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Average List Price
$652,840
Average Price per Sqft
$315
Number of Active Listings
7,338
New Listings (last 30 days)
1,594
Average Days on the Market
1636
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
1265
Average Sale Price (last 30 days)
$579,513
Rental Market
Average Rent per month
$2,805
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
$339,900
$275,000
$192,500
$239,999
$343,000
$179,900
$54,000
$225,000
$410,000
$187,000
$175,000
$205,000
3D Tour
$220,000
$139,000
3D Tour
$128,500
$475,000
$240,000
$189,950
3D Tour
$340,000
$234,900
$330,000
Days on the Market
Ascending
24
Residential Lease
$1,595
MLS# 7006578
ACTIVE
Listing Office: XCD Realty & Property Mgmt
Residential
$360,000
MLS# 7006579
ACTIVE
Listing Office: Century 21 Desert Estates
Residential
$435,000
MLS# 7006561
ACTIVE
Listing Office: Russ Lyon Sotheby's International Realty
Residential Lease
$650
MLS# 7006498
ACTIVE
Listing Office: Skidmore Realty & Property Mgt
Residential Lease
$1,795
MLS# 7006568
Closed
Listing Office: XCD Realty & Property Mgmt
Residential Lease
$5,000
MLS# 7006665
ACTIVE
Listing Office: West USA Realty
Residential Lease
$1,195
MLS# 7006571
ACTIVE
Listing Office: Century 21-Towne & Country
Residential Lease
$1,595
MLS# 7006574
ACTIVE
Listing Office: XCD Realty & Property Mgmt
Residential Lease
$1,875
MLS# 6989052
ACTIVE
Listing Office: Patriot Property Management
Residential Lease
$1,600
MLS# 7006735
ACTIVE
Listing Office: Desert Dimensions Properties
Residential Lease
$999
MLS# 7006657
PENDING
Listing Office: Opulent Real Estate Group
Residential Lease
$950
MLS# 7006772
ACTIVE
Listing Office: HomeSmart
Residential Lease
$2,100
MLS# 7006778
ACTIVE
Listing Office: Realty USA Southwest
Residential
$135,000
MLS# 7006781
ACTIVE
Listing Office: Realty Executives Arizona Territory
Residential
$230,000
MLS# 7011699
ACTIVE
Listing Office: Compass
Residential Lease
$1,795
MLS# 6917046
ACTIVE
Listing Office: XCD Realty & Property Mgmt
Residential
$289,900
MLS# 6918944
ACTIVE
Listing Office: Venture REI, LLC
Residential
$435,000
MLS# 6917151
CONTRACT
Listing Office: Realty ONE Group
Residential Lease
$2,200
MLS# 6917541
ACTIVE
Listing Office: FSR Realty
Residential
$414,900
MLS# 6917689
ACTIVE
Listing Office: West USA Realty
Residential
$249,000
MLS# 6918038
ACTIVE
Listing Office: Compass
Residential
$285,000
MLS# 6918151
ACTIVE
Listing Office: HomeSmart
Residential Lease
$1,300
MLS# 6918698
ACTIVE
Listing Office: MacLay Real Estate
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