Check out recent rental activity and trends for the Phoenix Metro area for May 2020…
Closed Rental Units: 2,034 (15.37% increase year over year)
Median Lease Rate: $1,600 (3.23% increase year over year)
Average Lease Rate: $1,764 (3.34% increase year over year)
Average Days on Market: 29 (16% increase year over year)
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