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Average List Price
$652,819
Average Price per Sqft
$315
Number of Active Listings
7,341
New Listings (last 30 days)
1,597
Average Days on the Market
1627
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
$735,000
$192,000
$205,000
$299,999
$254,900
$199,900
$365,000
$135,000
$415,000
$1,750
$380,000
$325,000
3D Tour
3D Tour
$299,900
$539,000
3D Tour
$579,000
$279,899
$450,000
$290,000
$650,000
$329,900
$350,000
Days on the Market
Ascending
24
Residential
$419,900
MLS# 6849414
ACTIVE
Listing Office: HomeSmart
residential
$197,900
MLS# 6848150
ACTIVE
Listing Office: Real Broker
Residential
$385,000
MLS# 6841513
Closed
Listing Office: West USA Realty
residential
$410,000
MLS# 6839784
ACTIVE
Listing Office: My Home Group Real Estate
residential lease
$1,900
MLS# 6837752
ACTIVE
Listing Office: Berkshire Hathaway HomeServices Arizona Properties
Residential
$480,000
MLS# 6830751
PENDING
Listing Office: HomeSmart
residential
$1,240,000
MLS# 6826840
ACTIVE
Listing Office: LPT Realty, LLC
residential
$364,900
MLS# 6809984
ACTIVE
Listing Office: Locality Real Estate
residential
$1,350,000
MLS# 6805266
ACTIVE
Listing Office: Coldwell Banker Realty
Residential Lease
$800
MLS# 6804635
ACTIVE
Listing Office: HomeSmart
Residential
$2,350,000
MLS# 6757718
ACTIVE
Listing Office: Coldwell Banker Realty
Residential Lease
$3,500
MLS# 6733253
ACTIVE
Listing Office: HomeSmart
residential
$120,000
MLS# 6957257
PENDING
Listing Office: Re/Max Fine Properties
residential lease
$1,895
MLS# 6957881
ACTIVE
Listing Office: XCD Realty & Property Mgmt
residential
$300,000
MLS# 6958461
ACTIVE
Listing Office: Citiea
residential lease
$1,895
MLS# 6958347
ACTIVE
Listing Office: Visions Companies Realty
residential lease
$1,895
MLS# 6958345
ACTIVE
Listing Office: Visions Companies Realty
residential lease
$950
MLS# 6958697
ACTIVE
Listing Office: Southwest Property Sales & Leasing
residential lease
$975
MLS# 6958715
ACTIVE
Listing Office: Southwest Property Sales & Leasing
residential
$565,000
MLS# 6959202
ACTIVE
Listing Office: HomeSmart
residential
$312,000
MLS# 6958386
ACTIVE
Listing Office: Realty ONE Group
residential
$625,000
MLS# 6965040
ACTIVE
Listing Office: Polly Mitchell Global Realty
residential
$729,990
MLS# 6961325
PENDING
Listing Office: DRH Properties Inc
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