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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
$215,000
$192,500
$239,999
$54,000
$289,900
$205,000
$259,900
$270,000
$156,000
$1,700
$179,000
$1,450
$1,350
$1,550
$130,000
$149,000
$134,900
$215,000
$1,050
$1,450
$1,250
$1,150
$1,195
$85,000
Days on the Market
Ascending
24
Residential
$1,075,000
MLS# 6919144
ACTIVE
Listing Office: My Home Group Real Estate
Residential
$449,000
MLS# 6920095
ACTIVE
Listing Office: Realty ONE Group
Residential Lease
$2,700
MLS# 7013455
ACTIVE
Listing Office: HomeSmart
Residential Lease
$1,295
MLS# 6967980
ACTIVE
Listing Office: P.J. Hussey & Associates, Inc
Residential
$270,000
MLS# 6984125
ACTIVE
Listing Office: Redfin Corporation
Residential
$490,000
MLS# 7004740
ACTIVE
Listing Office: Realty ONE Group
Residential
$950,000
MLS# 6781912
ACTIVE
Listing Office: Berkshire Hathaway HomeServices Arizona Properties
Residential
$260,000
MLS# 6987194
ACTIVE
Listing Office: Weichert, Realtors - Courtney Valleywide
Residential Lease
$1,575
MLS# 7009349
ACTIVE
Listing Office: Cadaci Realty
Residential
$625,000
MLS# 6973640
ACTIVE
Listing Office: SERHANT.
Residential Lease
$4,000
MLS# 6916303
ACTIVE
Listing Office: Berkshire Hathaway HomeServices Arizona Properties
Residential
$395,000
MLS# 7007858
ACTIVE
Listing Office: West USA Realty
Residential Lease
$1,550
MLS# 6916978
ACTIVE
Listing Office: Key Management Co., Inc.
Residential Lease
$2,499
MLS# 6917650
ACTIVE
Listing Office: Two Brothers Realty & Co
Residential Lease
$1,575
MLS# 6742207
ACTIVE
Listing Office: Apartment & Home Solutions
Residential
$438,100
MLS# 6898374
ACTIVE
Listing Office: West USA Realty
Residential Lease
$1,395
MLS# 6999853
ACTIVE
Listing Office: AZ Marketplace Realty
Residential Lease
$1,395
MLS# 7014100
ACTIVE
Listing Office: XCD Realty & Property Mgmt
Residential
$289,000
MLS# 6871318
ACTIVE
Listing Office: HomeSmart
Residential Lease
$1,395
MLS# 6999868
ACTIVE
Listing Office: AZ Marketplace Realty
Residential Lease
$1,395
MLS# 6999885
ACTIVE
Listing Office: AZ Marketplace Realty
Residential Lease
$1,395
MLS# 6999890
ACTIVE
Listing Office: AZ Marketplace Realty
Residential Lease
$1,395
MLS# 7014105
ACTIVE
Listing Office: XCD Realty & Property Mgmt
Residential
$199,999
MLS# 7004876
ACTIVE
Listing Office: Arizona Property Brokerage
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