Property Management Blog

May 2020 Rental Market Update

Property Management Blog
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 Mark...

April 2020 Rental Market Update

Property Management Blog
Check out recent rental activity and trends for the Phoenix Metro area for April 2020...Closed Rental Units: 1,618 (2.08% increase year over year)Median Lease Rate: $1,600 (6.67% increase year over year)Average Lease Rate: $1,751 (2.94% increase year over year)Average Days on Mar...

March 2020 Rental Market Update

Property Management Blog
Check out recent rental activity and trends for the Phoenix Metro area for March 2020...Closed Rental Units: 1,783 (0.056% decrease year over year)Median Lease Rate: $1,600 (7.02% increase year over year)Average Lease Rate: $1,759 (7.32% increase year over year)Average Days on Ma...

February 2020 Rental Market Update

Property Management Blog
Check out recent rental activity and trends for the Phoenix Metro area for February 2020...Closed Rental Units: 1,750 (1.98% increase year over year)Median Lease Rate: $1,550 (3.68% increase year over year)Average Lease Rate: $1,717 (4.89% increase year over year)A...

January 2020 Rental Market Update

Property Management Blog
Check out recent rental activity and trends for the Phoenix Metro area for January 2020...Closed Rental Units: 1,701 (1.49% increase year over year)Median Lease Rate: $1,550 (5.08% increase year over year)Average Lease Rate: $1,742 (4.81% increase year over year)Average Days on M...