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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
$285,000
3D Tour
Residential
$305,000
MLS# 7013507
ACTIVE
$435,000
$399,000
3D Tour
$485,000
$209,900
$455,000
$385,000
$215,000
$380,000
$305,000
$475,900
$460,000
$479,000
$1,650
$334,999
$558,500
$379,000
$2,195
3D Tour
Residential
$459,000
MLS# 6983095
ACTIVE
3D Tour
3D Tour
Residential
$425,000
MLS# 6985931
ACTIVE
$325,000
Days on the Market
Ascending
24
Residential
$399,999
MLS# 6981136
ACTIVE
Listing Office: West USA Realty
Residential Lease
$2,000
MLS# 7002537
ACTIVE
Listing Office: HomeSmart
Residential
$346,000
MLS# 7012090
ACTIVE
Listing Office: Opendoor Brokerage, LLC
Residential Lease
$825
MLS# 6982963
ACTIVE
Listing Office: Trifecta Real Estate and Property Management
Residential Lease
$1,505
MLS# 7009775
ACTIVE
Listing Office: Trifecta Real Estate and Property Management
Residential Lease
$1,400
MLS# 7012983
ACTIVE
Listing Office: West USA Realty
Residential
$599,000
MLS# 6984353
CONTRACT
Listing Office: Compass
Residential
$629,000
MLS# 7004935
ACTIVE
Listing Office: Realty ONE Group
Residential
$402,999
MLS# 6978286
ACTIVE
Listing Office: Re/Max Fine Properties
Residential
$379,000
MLS# 7003054
ACTIVE
Listing Office: Grigg's Group Powered by The Altman Brothers
Residential
$149,999
MLS# 7011884
ACTIVE
Listing Office: My Home Group Real Estate
Residential Lease
$1,600
MLS# 6979663
ACTIVE
Listing Office: West USA Realty
Residential Lease
$1,600
MLS# 6979707
ACTIVE
Listing Office: West USA Realty
Residential Lease
$1,600
MLS# 6979721
ACTIVE
Listing Office: West USA Realty
Residential Lease
$1,450
MLS# 6982632
ACTIVE
Listing Office: West USA Realty
Residential
$369,999
MLS# 6971442
ACTIVE
Listing Office: Quest Real Estate
Residential
$400,000
MLS# 6999220
ACTIVE
Listing Office: SERHANT.
Residential
$365,000
MLS# 6779423
ACTIVE
Listing Office: Coldwell Banker Realty
Residential
$479,000
MLS# 6972940
ACTIVE
Listing Office: eXp Realty
Residential
$219,500
MLS# 6996359
ACTIVE
Listing Office: HomeSmart
Residential
$190,000
MLS# 6984810
ACTIVE
Listing Office: Keller Williams Realty Sonoran Living
Residential
$358,850
MLS# 6983410
ACTIVE
Listing Office: Keller Williams Arizona Realty
Residential
$239,000
MLS# 6987493
ACTIVE
Listing Office: Realty Executives Arizona Territory
Residential Lease
$1,900
MLS# 7013100
ACTIVE
Listing Office: My Home Group Real Estate
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