Phoenix rental market analysis

Rental Market Reports > Apartment Reports > Phoenix, AZ

Q2 2022 - Rental Market Report



This rental market report looks at how Phoenix, AZ apartment rents have changed in Q2 2022.

According to our data, three-bedroom apartment rents have increased the most quarter-over-quarter at 7% and two-bedroom apartment rents have increased the most year-over-year at 7%.


Change in Quarter-Over-Quarter Average Rents: 1-3 Bedroom Apartments

Year-Over-Year Average Rents: 1-3 Bedroom Apartments


Quarterly Rent Trends: 1-3 Bedroom Apartments



Geography: The scope of this analysis is the city of Phoenix, AZ.

Property Type: One, two, and three bedroom apartments with all bathroom counts.

Analysis: Rent data was analyzed year-over-year and quarter-over-quarter for each bedroom type.

Data: New rents collected at the beginning and end of each quarter reported, excluding outliers below $500 and above $10,000.



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Please note the research and data included in this report is aggregated from a variety of sources and many are third parties that are not affiliated with Rentometer, Inc. The information is believed to be accurate, but Rentometer, Inc. does not provide a warranty of any kind, either expressed or implied.