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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
$239,999
$343,000
$179,900
$279,899
$54,000
$225,000
$290,000
$650,000
$410,000
$187,000
3D Tour
Residential
$535,000
MLS# 6997633
ACTIVE
$850
3D Tour
$230,000
$220,000
$529,900
3D Tour
$170,000
$128,500
$415,000
$475,000
$209,000
$240,000
Days on the Market
Ascending
24
Residential
$314,999
MLS# 7013065
ACTIVE
Listing Office: AIG Realty LLC
Residential
$300,000
MLS# 7014019
ACTIVE
Listing Office: Delex Realty
Residential
$415,000
MLS# 6968374
PENDING
Listing Office: Howe Realty
Residential
$155,000
MLS# 6994710
PENDING
Listing Office: A.Z. & Associates
Residential
$178,000
MLS# 6979178
ACTIVE
Listing Office: Coldwell Banker Realty
Residential
$302,000
MLS# 6969805
ACTIVE
Listing Office: West USA Realty
Residential Lease
$1,095
MLS# 7013647
ACTIVE
Listing Office: Bullseye Property Management, LLC
Residential Lease
$1,299
MLS# 7013666
ACTIVE
Listing Office: Consolidated Asset Mgmt, Inc
Residential Lease
$2,800
MLS# 7008993
PENDING
Listing Office: HomeSmart
Residential Lease
$1,400
MLS# 7013988
ACTIVE
Listing Office: Desert Dimensions Properties
Residential
$215,000
MLS# 6915749
PENDING
Listing Office: HomeSmart
Residential
$295,000
MLS# 6997582
PENDING
Listing Office: SERHANT.
Residential Lease
$1,350
MLS# 7014453
ACTIVE
Listing Office: Zoomit
Residential Lease
$1,699
MLS# 7014519
ACTIVE
Listing Office: All County Prestige Property Management
Residential
$569,000
MLS# 7010259
ACTIVE
Listing Office: The Brokery
Residential
$399,000
MLS# 7014390
ACTIVE
Listing Office: My Home Group Real Estate
Residential Lease
$2,500
MLS# 7014280
ACTIVE
Listing Office: HomeSmart
Residential Lease
$1,650
MLS# 7007454
ACTIVE
Listing Office: West USA Realty
Residential
$599,000
MLS# 7012678
ACTIVE
Listing Office: HomeSmart
Residential
$235,000
MLS# 7014343
ACTIVE
Listing Office: Orchard Brokerage
Residential Lease
$5,300
MLS# 6832056
ACTIVE
Listing Office: HomeSmart
Residential Lease
$1,600
MLS# 6995217
ACTIVE
Listing Office: ECLAT Real Estate
Residential
$209,900
MLS# 6992841
PENDING
Listing Office: My Home Group Real Estate
Residential
$160,000
MLS# 6937944
PENDING
Listing Office: W and Partners, LLC
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