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Average List Price
$653,241
Average Price per Sqft
$315
Number of Active Listings
7,303
New Listings (last 30 days)
1,639
Average Days on the Market
1695
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
1214
Average Sale Price (last 30 days)
$580,672
Rental Market
Average Rent per month
$2,809
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
$3,500,000
$540,000
$1,100,000
$499,500
$310,000
$569,000
$240,000
$2,095
$1,995
$309,000
$1,195
$600,000
$749,500
$317,000
3D Tour
3D Tour
3D Tour
3D Tour
$369,500
$379,900
$340,000
$399,900
$399,000
$349,900
Days on the Market
Ascending
24
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
$450,000
MLS# 7009342
ACTIVE
Listing Office: HomeSmart
Residential Lease
$1,395
MLS# 7014105
ACTIVE
Listing Office: XCD Realty & Property Mgmt
Residential
$199,999
MLS# 7004876
ACTIVE
Listing Office: Arizona Property Brokerage
Residential
$865,000
MLS# 7008770
ACTIVE
Listing Office: HomeSmart
Residential Lease
$6,000
MLS# 6871308
ACTIVE
Listing Office: HomeSmart
Residential
$260,000
MLS# 7014059
ACTIVE
Listing Office: eXp Realty
Residential Lease
$2,395
MLS# 6998786
ACTIVE
Listing Office: Real Broker
Residential
$187,000
MLS# 6863696
ACTIVE
Listing Office: DPR Realty LLC
Residential
$404,000
MLS# 6978081
PENDING
Listing Office: HomeSmart
Residential
$259,000
MLS# 6994436
PENDING
Listing Office: My Home Group Real Estate
Residential
$319,900
MLS# 7004968
ACTIVE
Listing Office: The Brokery
Residential Lease
$1,695
MLS# 6915203
ACTIVE
Listing Office: FSR Realty
Residential
$168,900
MLS# 6916153
ACTIVE
Listing Office: West USA Realty
Residential
$385,000
MLS# 6916832
ACTIVE
Listing Office: Keller Williams Realty Sonoran Living
Residential Lease
$1,199
MLS# 6915855
ACTIVE
Listing Office: Apartment & Home Solutions
Residential
$210,000
MLS# 6958830
ACTIVE
Listing Office: West USA Realty
Residential Lease
$2,100
MLS# 6908695
ACTIVE
Listing Office: Fathom Realty Elite
Residential
$1,575,000
MLS# 6909307
ACTIVE
Listing Office: Good Oak Real Estate
Residential
$4,400,000
MLS# 6909389
ACTIVE
Listing Office: Homelogic Real Estate
Residential
$215,000
MLS# 6909901
ACTIVE
Listing Office: On Q Property Management
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