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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)
1,665
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
$192,000
$205,000
$245,000
$299,999
$135,000
$343,000
$415,000
$380,000
$325,000
3D Tour
$299,900
$579,000
$290,000
$650,000
$329,900
$410,000
$277,000
$1,950
$328,000
3D Tour
$850
$950
$549,900
$299,000
Days on the Market
Ascending
24
Residential
$439,000
MLS# 6930562
ACTIVE
Listing Office: Compass
Residential Lease
$1,350
MLS# 6944984
ACTIVE
Listing Office: HomeSmart
Residential
$314,500
MLS# 7003573
ACTIVE
Listing Office: Redfin Corporation
Residential
$699,000
MLS# 6994068
ACTIVE
Listing Office: eXp Realty
Residential
$244,900
MLS# 7006448
ACTIVE
Listing Office: My Home Group Real Estate
Residential
$725,000
MLS# 7008881
ACTIVE
Listing Office: HomeSmart
Residential
$249,900
MLS# 6973868
ACTIVE
Listing Office: Keller Williams Realty Sonoran Living
Residential Lease
$1,599
MLS# 7012496
ACTIVE
Listing Office: Gregory Real Estate and Mgnt
Residential Lease
$1,374
MLS# 6974121
ACTIVE
Listing Office: eXp Realty
Residential Lease
$1,195
MLS# 7010368
ACTIVE
Listing Office: MBA Real Estate
Residential Lease
$1,295
MLS# 7013264
ACTIVE
Listing Office: Consolidated Asset Mgmt, Inc
Residential Lease
$1,599
MLS# 7012375
ACTIVE
Listing Office: Service Star Realty
Residential Lease
$1,960
MLS# 6961847
PENDING
Listing Office: HomeSmart
Residential Lease
$2,325
MLS# 7013225
ACTIVE
Listing Office: Real Property Management Private Wealth
Residential
$529,500
MLS# 6985580
ACTIVE
Listing Office: Caliber Realty Group, LLC
Residential
$309,000
MLS# 6956602
ACTIVE
Listing Office: eXp Realty
Residential
$390,000
MLS# 7009405
ACTIVE
Listing Office: West USA Realty
Residential
$205,000
MLS# 6991248
ACTIVE
Listing Office: DeLex Realty
Residential
$200,000
MLS# 6992858
PENDING
Listing Office: Top Property Shop
Residential
$290,000
MLS# 6938439
ACTIVE
Listing Office: Realty ONE Group
Residential
$320,000
MLS# 6972370
PENDING
Listing Office: HomeSmart
Residential
$180,000
MLS# 6990474
ACTIVE
Listing Office: My Home Group Real Estate
Residential Lease
$975
MLS# 6953817
ACTIVE
Listing Office: Dominion Group Properties
Residential Lease
$1,900
MLS# 7010124
ACTIVE
Listing Office: West USA Realty
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