Phoenix Metro
12 cities · 69 ZIP codes
Data based on listings and public records observed by Rufus. May not represent the entire market.
Phoenix metro covers 1,151 tracked apartment buildings totaling 252,616 units in Phoenix, AZ, with an average asking rent of $1,684 — close to the national median for this metropolitan area. Asking rents span $507 to $13,500 across the available inventory. Reported occupancy is 91.0%, softer than most stabilized markets and consistent with active leasing concessions.
The for-sale market in this metropolitan area shows a median asking price of $471,990 ($239 per square foot). For-sale listings sit on the market for an average of 203 days. As of the most recent snapshot Rufus is tracking 168 active listings. HMDA mortgage data for the county covering Phoenix shows an average loan amount of $470,357 at an average interest rate of 6.54%. 216,472 loans were originated in the most recent reporting year, a denial rate close to the national average.
Rufus refreshes this metropolitan area snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.
Building Vintage
Cities in Phoenix
| City | Buildings | Avg Rent |
|---|---|---|
| Phoenix, AZ | 538 | $1,642 |
| Tempe, AZ | 136 | $1,695 |
| Scottsdale, AZ | 106 | $2,259 |
| Mesa, AZ | 106 | $1,487 |
| Glendale, AZ | 73 | $1,396 |
| Chandler, AZ | 72 | $1,736 |
| Gilbert, AZ | 58 | $1,945 |
| Goodyear, AZ | 20 | $1,652 |
| Peoria, AZ | 15 | $1,743 |
| Avondale, AZ | 13 | $1,631 |
| Tolleson, AZ | 8 | $1,699 |
| Laveen, AZ | 7 | $1,891 |