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Average List Price
$652,884
Average Price per Sqft
$315
Number of Active Listings
7,343
New Listings (last 30 days)
1,597
Average Days on the Market
1625
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
1267
Average Sale Price (last 30 days)
$579,585
Rental Market
Average Rent per month
$2,806
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
$275,000
$239,999
$179,900
$279,899
$54,000
$225,000
$164,900
$187,000
$175,000
3D Tour
3D Tour
Residential
$535,000
MLS# 6997633
ACTIVE
$174,000
$230,000
$220,000
$139,000
$529,900
$128,500
$415,000
$319,000
$475,000
$225,000
$479,000
3D Tour
Days on the Market
Ascending
24
Residential
$210,000
MLS# 6980442
ACTIVE
Listing Office: Fathom Realty Elite
Residential
$240,000
MLS# 6987320
CONTRACT
Listing Office: West USA Realty
Residential Lease
$1,750
MLS# 6989408
ACTIVE
Listing Office: Property Management Real Estate
Residential
$449,990
MLS# 7001073
ACTIVE
Listing Office: K. Hovnanian Great Western Homes, LLC
Residential
$424,990
MLS# 7001443
ACTIVE
Listing Office: K. Hovnanian Great Western Homes, LLC
Residential
$429,990
MLS# 7001503
ACTIVE
Listing Office: K. Hovnanian Great Western Homes, LLC
Residential Lease
$2,100
MLS# 6956065
ACTIVE
Listing Office: Provident Partners Realty
Residential Lease
$1,677
MLS# 6965974
ACTIVE
Listing Office: Taylor Street Property Mgmt
Residential
$182,500
MLS# 6997357
ACTIVE
Listing Office: Real Broker
Residential
$520,000
MLS# 6993303
ACTIVE
Listing Office: Compass
Residential
$680,000
MLS# 6991367
ACTIVE
Listing Office: Libertas Real Estate
Residential
$795,000
MLS# 7000946
ACTIVE
Listing Office: West USA Realty
Residential
$199,000
MLS# 6991736
ACTIVE
Listing Office: Highland Real Estate
Residential Lease
$1,700
MLS# 6991545
ACTIVE
Listing Office: Compass
Residential
$499,000
MLS# 7014820
ACTIVE
Listing Office: Compass
Residential
$279,900
MLS# 7015109
ACTIVE
Listing Office: Berkshire Hathaway HomeServices Arizona Properties
Residential
$290,000
MLS# 7015336
ACTIVE
Listing Office: One Sky Realty
Residential Lease
$2,950
MLS# 7015236
ACTIVE
Listing Office: My Home Group Real Estate
residential lease
$1,395
MLS# 6996093
ACTIVE
Listing Office: XCD Realty & Property Mgmt
residential lease
$1,350
MLS# 6992728
ACTIVE
Listing Office: Your Home Sold Guaranteed Realty
Residential Lease
$2,000
MLS# 7013749
ACTIVE
Listing Office: Berkshire Hathaway HomeServices Arizona Properties
Residential
$257,000
MLS# 6996957
PENDING
Listing Office: HomeSmart
Residential Lease
$1,595
MLS# 7013902
ACTIVE
Listing Office: Real Property Management Evolve
Residential Lease
$2,100
MLS# 6919953
ACTIVE
Listing Office: Keller Williams, Professional Partners
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