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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
$239,999
$343,000
$179,900
$54,000
$225,000
$410,000
$187,000
3D Tour
$220,000
3D Tour
$128,500
$240,000
$189,950
$234,900
$330,000
$415,000
$145,000
$1,750
$260,000
$120,000
$194,999
$179,000
$314,500
Days on the Market
Ascending
24
Residential Lease
$1,750
MLS# 7014694
ACTIVE
Listing Office: RE/MAX Desert Showcase
Residential Lease
$1,400
MLS# 7014800
ACTIVE
Listing Office: Desert Dimensions Properties
Residential Lease
$1,295
MLS# 6972663
ACTIVE
Listing Office: AZREAPM
Residential
$300,000
MLS# 6390617
ACTIVE
Listing Office: Apex Residential
Residential
$269,900
MLS# 6995996
PENDING
Listing Office: Trelora Realty
Residential
$400,000
MLS# 6618799
ACTIVE
Listing Office: Apex Residential
Residential
$320,000
MLS# 6790330
ACTIVE
Listing Office: Apex Residential
Residential
$325,000
MLS# 7000565
PENDING
Listing Office: Citiea
Residential Lease
$1,302
MLS# 6596095
ACTIVE
Listing Office: Apartment & Home Solutions
Residential
$150,000
MLS# 6924384
ACTIVE
Listing Office: Compass
Residential
$130,000
MLS# 6964126
ACTIVE
Listing Office: REMS(Real Estate Management Se
Residential
$538,170
MLS# 6987634
ACTIVE
Listing Office: K. Hovnanian Great Western Homes, LLC
Residential
$682,500
MLS# 6987780
ACTIVE
Listing Office: K. Hovnanian Great Western Homes, LLC
Residential
$184,900
MLS# 7004530
CONTRACT
Listing Office: Real Broker
Residential Lease
$995
MLS# 7006487
ACTIVE
Listing Office: eXp Realty
Residential
$235,000
MLS# 7014816
ACTIVE
Listing Office: eXp Realty
Residential
$149,000
MLS# 6973098
ACTIVE
Listing Office: Gentry Real Estate
Residential
$134,900
MLS# 6899096
ACTIVE
Listing Office: R.O.I. Properties
Residential
$250,000
MLS# 6979331
ACTIVE
Listing Office: My Home Group Real Estate
Residential
$409,998
MLS# 7011226
ACTIVE
Listing Office: eXp Realty
Residential Lease
$1,425
MLS# 6980713
ACTIVE
Listing Office: One Stop Realty
Residential
$198,998
MLS# 6997109
ACTIVE
Listing Office: eXp Realty
Residential
$99,000
MLS# 6814638
ACTIVE
Listing Office: eXp Realty
Residential
$3,250,000
MLS# 6977598
ACTIVE
Listing Office: Compass
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