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Average List Price
$653,015
Average Price per Sqft
$315
Number of Active Listings
7,337
New Listings (last 30 days)
1,596
Average Days on the Market
1628
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
$2,807
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
$192,000
$275,000
$205,000
$299,999
$365,000
$343,000
$135,000
$345,000
$179,900
$380,000
$325,000
3D Tour
$275,000
$539,000
$279,899
$54,000
$225,000
$290,000
$329,900
$410,000
$187,000
$175,000
$350,000
Days on the Market
Ascending
24
residential lease
$1,399
MLS# 6963956
ACTIVE
Listing Office: Thrive Realty And Property Management
residential
$169,900
MLS# 6964048
ACTIVE
Listing Office: West USA Realty
residential lease
$2,295
MLS# 6971280
ACTIVE
Listing Office: Desert Valley Realty Investments & Property Management, LLC
residential lease
$2,100
MLS# 6972349
ACTIVE
Listing Office: Real Broker
residential lease
$1,495
MLS# 6964782
ACTIVE
Listing Office: XCD Realty & Property Mgmt
residential
$1,101,860
MLS# 7008744
ACTIVE
Listing Office: K. Hovnanian Great Western Homes, LLC
residential
$1,120,440
MLS# 7008026
ACTIVE
Listing Office: K. Hovnanian Great Western Homes, LLC
residential
$947,650
MLS# 7008655
ACTIVE
Listing Office: K. Hovnanian Great Western Homes, LLC
Residential Lease
$1,806
MLS# 6663020
ACTIVE
Listing Office: Apartment & Home Solutions
Residential
$325,000
MLS# 7011026
ACTIVE
Listing Office: Realty ONE Group
Residential Lease
$2,600
MLS# 7014498
ACTIVE
Listing Office: Realty ONE Group
Residential
$200,000
MLS# 7005617
ACTIVE
Listing Office: Compass
Residential
$375,000
MLS# 6998792
ACTIVE
Listing Office: HomeSmart
Residential Lease
$2,150
MLS# 6992247
ACTIVE
Listing Office: Realty ONE Group
Residential Lease
$1,025
MLS# 7010630
ACTIVE
Listing Office: AZREAPM
Residential Lease
$1,995
MLS# 6977010
ACTIVE
Listing Office: DPR Realty LLC
Residential
$228,800
MLS# 6982725
ACTIVE
Listing Office: HomeSmart
Residential
$195,000
MLS# 6969152
ACTIVE
Listing Office: Private House
Residential Lease
$925
MLS# 6610976
ACTIVE
Listing Office: Apartment & Home Solutions
Residential Lease
$1,115
MLS# 6646570
ACTIVE
Listing Office: Apartment & Home Solutions
Residential
$279,000
MLS# 6977309
ACTIVE
Listing Office: American Realty Brokers
Residential
$281,900
MLS# 6980639
ACTIVE
Listing Office: Limitless Real Estate
Residential Lease
$2,400
MLS# 7006038
ACTIVE
Listing Office: Lux Home Realty
Residential Lease
$1,204
MLS# 6568351
ACTIVE
Listing Office: Apartment & Home Solutions
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