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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
$400,000
3D Tour
$130,000
$214,000
$250,000
$265,000
$239,999
3D Tour
Residential
$299,999
MLS# 6977255
ACTIVE
$389,000
$1,695
$233,500
3D Tour
$265,000
$235,000
$265,000
$249,900
$1,495
$1,495
$182,500
$1,595
$175,000
$419,999
$2,000
$2,450
Days on the Market
Ascending
24
residential
$449,000
MLS# 6963955
ACTIVE
Listing Office: Compass
residential lease
$1,600
MLS# 6962970
ACTIVE
Listing Office: Russ Lyon Sotheby's International Realty
residential lease
$1,495
MLS# 6962989
ACTIVE
Listing Office: Rimsza Realty
residential
$260,000
MLS# 6963407
ACTIVE
Listing Office: ProSmart Realty
residential lease
$1,800
MLS# 6982802
ACTIVE
Listing Office: Compass
residential lease
$3,000
MLS# 6958685
ACTIVE
Listing Office: Versatile Properties
residential lease
$1,495
MLS# 6964582
ACTIVE
Listing Office: XCD Realty & Property Mgmt
residential lease
$1,495
MLS# 6964547
ACTIVE
Listing Office: XCD Realty & Property Mgmt
residential lease
$1,495
MLS# 6964769
ACTIVE
Listing Office: XCD Realty & Property Mgmt
residential
$210,000
MLS# 6965357
ACTIVE
Listing Office: Fathom Realty Elite
residential
$299,000
MLS# 6965493
ACTIVE
Listing Office: HomeSmart
residential
$285,000
MLS# 6958156
ACTIVE
Listing Office: Barrett Real Estate
residential
$284,900
MLS# 6957738
ACTIVE
Listing Office: eXp Realty
residential lease
$800
MLS# 6960518
ACTIVE
Listing Office: Opulent Real Estate Group
residential lease
$1,995
MLS# 6928022
ACTIVE
Listing Office: HomeSmart
residential lease
$1,350
MLS# 6932735
ACTIVE
Listing Office: Candid Realty
residential
$169,000
MLS# 6925210
ACTIVE
Listing Office: eXp Realty
residential lease
$1,550
MLS# 6932736
ACTIVE
Listing Office: Candid Realty
residential lease
$750
MLS# 6956616
ACTIVE
Listing Office: Property Hub LLC
residential lease
$1,995
MLS# 6928023
ACTIVE
Listing Office: HomeSmart
residential lease
$1,900
MLS# 6996560
ACTIVE
Listing Office: Realty ONE Group
residential
$264,000
MLS# 6942582
ACTIVE
Listing Office: West USA Realty
residential
$1,021,870
MLS# 7008188
ACTIVE
Listing Office: K. Hovnanian Great Western Homes, LLC
residential lease
$1,495
MLS# 7008277
ACTIVE
Listing Office: XCD Realty & Property Mgmt
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