{"id":3642,"date":"2022-02-07T12:26:36","date_gmt":"2022-02-07T12:26:36","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?page_id=3642"},"modified":"2022-11-11T14:29:11","modified_gmt":"2022-11-11T14:29:11","slug":"phoenix-apartment-data","status":"publish","type":"page","link":"https:\/\/www.yardimatrix.com\/blog\/phoenix-apartment-data\/","title":{"rendered":"Phoenix Apartment Data"},"content":{"rendered":"\n<p><strong>Phoenix is the 9th largest multifamily market <\/strong>with 339,651 completed units and 113,046 units in development, 37,800of which have already broken ground, as of September 2022.<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h4 class=\"wp-block-heading\" id=\"boston-multifamily-market-summary-december-2021\">Phoenix Multifamily Market Summary &#8211; September 2022<\/h4>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png\" alt=\"Phoenix Map\" class=\"wp-image-4868\" width=\"406\" height=\"324\" srcset=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png 620w, https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png?resize=300,240 300w\" sizes=\"auto, (max-width: 406px) 100vw, 406px\" \/><\/figure>\n\n\n\n<p>New lease asking rents are at $1,684, up 9.5%\u25b2<br>from the previous year placing Phoenix at 70th<br>overall in year-over-year rent growth.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons is-vertical is-content-justification-left is-nowrap is-layout-flex wp-container-core-buttons-is-layout-cfee1719 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.yardimatrix.com\/Publications\/Download\/File\/2890-MatrixCityPagesAugust2022Phoenix\">Download the Full Report<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h4 class=\"wp-block-heading\" id=\"boston-multifamily-market-summary-december-2021\"><\/h4>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h4 class=\"wp-block-heading\" id=\"boston-multifamily-market-summary-december-2021\">Phoenix Multifamily Market Summary &#8211; August 2022<\/h4>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png\" alt=\"Phoenix Map\" class=\"wp-image-4868\" width=\"406\" height=\"324\" srcset=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png 620w, https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png?resize=300,240 300w\" sizes=\"auto, (max-width: 406px) 100vw, 406px\" \/><\/figure>\n\n\n\n<p>New lease asking rents are at $1,684, up 9.5%\u25b2<br>from the previous year placing Phoenix at 70th<br>overall in year-over-year rent growth.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons is-vertical is-content-justification-left is-nowrap is-layout-flex wp-container-core-buttons-is-layout-cfee1719 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.yardimatrix.com\/Publications\/Download\/File\/2890-MatrixCityPagesAugust2022Phoenix\">Download the Full Report<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h4 class=\"wp-block-heading\" id=\"boston-multifamily-market-summary-december-2021\">Phoenix Multifamily Market Summary &#8211; July 2022<\/h4>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png\" alt=\"Phoenix Map\" class=\"wp-image-4868\" width=\"406\" height=\"324\" srcset=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png 620w, https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png?resize=300,240 300w\" sizes=\"auto, (max-width: 406px) 100vw, 406px\" \/><\/figure>\n\n\n\n<p>New lease asking rents are at $1,692, up 13.3%\u25b2<br>from the previous year placing Phoenix at 40th <br>overall in year-over-year rent growth.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons is-vertical is-content-justification-left is-nowrap is-layout-flex wp-container-core-buttons-is-layout-cfee1719 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--3\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.yardimatrix.com\/Publications\/Download\/File\/2755-MatrixCityPagesJuly2022Phoenix\">Download the Full Report<\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h4 class=\"wp-block-heading\" id=\"boston-multifamily-market-summary-december-2021\">Phoenix Multifamily Market Summary &#8211; June 2022<\/h4>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png\" alt=\"Phoenix Map\" class=\"wp-image-4868\" width=\"406\" height=\"324\" srcset=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png 620w, https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png?resize=300,240 300w\" sizes=\"auto, (max-width: 406px) 100vw, 406px\" \/><\/figure>\n\n\n\n<p>New lease asking rents are at $1,689, up 16.8%\u25b2<br>from the previous year placing Phoenix at 22nd<br>overall in year-over-year rent growth.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons is-vertical is-content-justification-left is-nowrap is-layout-flex wp-container-core-buttons-is-layout-cfee1719 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--4\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.yardimatrix.com\/Publications\/Download\/File\/2615-MatrixCityPagesJune2022Phoenix\">Download the Full Report<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h4 class=\"wp-block-heading\" id=\"boston-multifamily-market-summary-december-2021\">Phoenix Multifamily Market Summary &#8211; May 2022<\/h4>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png\" alt=\"Phoenix Map\" class=\"wp-image-4868\" width=\"406\" height=\"324\" srcset=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png 620w, https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png?resize=300,240 300w\" sizes=\"auto, (max-width: 406px) 100vw, 406px\" \/><\/figure>\n\n\n\n<p>New lease asking rents are at $1,667, up 18.1%\u25b2<br>from the previous year placing Phoenix at 15th<br>overall in year-over-year rent growth.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons is-vertical is-content-justification-left is-nowrap is-layout-flex wp-container-core-buttons-is-layout-cfee1719 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--5\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.yardimatrix.com\/Publications\/Download\/File\/2477-MatrixCityPagesMay2022Phoenix\">Download the Full Report<\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h4 class=\"wp-block-heading\" id=\"boston-multifamily-market-summary-december-2021\">Phoenix Multifamily Market Summary &#8211; April 2022<\/h4>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png\" alt=\"Phoenix Map\" class=\"wp-image-4868\" width=\"406\" height=\"324\" srcset=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png 620w, https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png?resize=300,240 300w\" sizes=\"auto, (max-width: 406px) 100vw, 406px\" \/><\/figure>\n\n\n\n<p>New lease asking rents are at $1,665, up 20.6%\u25b2 <br>from the previous year placing Phoenix at 10th<br>overall in year-over-year rent growth.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons is-vertical is-content-justification-left is-nowrap is-layout-flex wp-container-core-buttons-is-layout-cfee1719 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--6\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.yardimatrix.com\/Publications\/Download\/File\/2342-MatrixCityPagesApril2022Phoenix\">Download the Full Report<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h4 class=\"wp-block-heading\" id=\"boston-multifamily-market-summary-december-2021\">Phoenix Multifamily Market Summary &#8211; March 2022<\/h4>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png\" alt=\"Phoenix Map\" class=\"wp-image-4868\" width=\"406\" height=\"324\" srcset=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png 620w, https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png?resize=300,240 300w\" sizes=\"auto, (max-width: 406px) 100vw, 406px\" \/><\/figure>\n\n\n\n<p>New lease asking rents are at $1,657, up 23.1%\u25b2 <br>from the previous year placing Phoenix at 6th <br>overall in year-over-year rent growth.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons is-vertical is-content-justification-left is-nowrap is-layout-flex wp-container-core-buttons-is-layout-cfee1719 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--7\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.yardimatrix.com\/Publications\/Download\/File\/2207-MatrixCityPagesMarch2022Phoenix\">Download the Full Report<\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h4 class=\"wp-block-heading\" id=\"boston-multifamily-market-summary-december-2021\">Phoenix Multifamily Market Summary &#8211; February 2022<\/h4>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png\" alt=\"Phoenix Map\" class=\"wp-image-4868\" width=\"406\" height=\"324\" srcset=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png 620w, https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png?resize=300,240 300w\" sizes=\"auto, (max-width: 406px) 100vw, 406px\" \/><\/figure>\n\n\n\n<p>New lease asking rents are at $1,652, up 25.3%\u25b2 <br>from the previous year placing Phoenix at 5th <br>overall in year-over-year rent growth.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons is-vertical is-content-justification-left is-nowrap is-layout-flex wp-container-core-buttons-is-layout-cfee1719 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--8\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.yardimatrix.com\/Publications\/Download\/File\/1959-MatrixCityPagesFebruary2022Phoenix\">Download the Full Report<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h4 class=\"wp-block-heading\" id=\"boston-multifamily-market-summary-december-2021\">Phoenix Multifamily Market Summary &#8211; January 2022<\/h4>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png\" alt=\"Phoenix Map\" class=\"wp-image-4868\" width=\"406\" height=\"324\" srcset=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png 620w, https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png?resize=300,240 300w\" sizes=\"auto, (max-width: 406px) 100vw, 406px\" \/><\/figure>\n\n\n\n<p>New lease asking rents are at $1,640, up 25.6%\u25b2 <br>from the previous year placing Phoenix at 4th <br>overall in year-over-year rent growth.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons is-vertical is-content-justification-left is-nowrap is-layout-flex wp-container-core-buttons-is-layout-cfee1719 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--9\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.yardimatrix.com\/Publications\/Download\/File\/1791-MatrixCityPagesJanuary2022Phoenix\">Download the Full Report<\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h4 class=\"wp-block-heading\" id=\"atlanta-multifamily-market-summary-december-2021\">Phoenix Multifamily Market Summary &#8211; December 2021<\/h4>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"624\" height=\"494\" src=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/03\/Phoenix-Map.jpg\" alt=\"\" class=\"wp-image-3643\" srcset=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/03\/Phoenix-Map.jpg 624w, https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/03\/Phoenix-Map.jpg?resize=300,238 300w\" sizes=\"auto, (max-width: 624px) 100vw, 624px\" \/><\/figure>\n\n\n\n<p>New lease asking rents are at $1,618, up 25.3%\u25b2 <br>from the previous year placing Phoenix at 2nd <br>overall in year-over-year rent growth.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons is-vertical is-content-justification-left is-nowrap is-layout-flex wp-container-core-buttons-is-layout-cfee1719 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--10\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.yardimatrix.com\/Publications\/Download\/File\/1484-CitySnapshotsDec2021Phoenix\">Download the Full Report<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Phoenix is the 9th largest multifamily market with 339,651 completed units and 113,046 units in development, 37,800of which have already broken ground, as of September 2022. Phoenix Multifamily Market Summary &#8211; September 2022 New lease asking rents are at $1,684, up 9.5%\u25b2from the previous year placing Phoenix at 70thoverall in year-over-year rent growth. Phoenix Multifamily [&hellip;]<\/p>\n","protected":false},"author":650,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-3642","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Phoenix Apartment Data - Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Phoenix is the 9th largest multifamily market with 339,651 completed units and 113,046 units in development, as of September 2022.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardimatrix.com\/blog\/phoenix-apartment-data\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Phoenix Apartment Data\" \/>\n<meta property=\"og:description\" content=\"Phoenix is the 9th largest multifamily market with 339,651 completed units and 113,046 units in development, as of September 2022.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardimatrix.com\/blog\/phoenix-apartment-data\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Matrix Blog\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-11T14:29:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2022\/10\/Phoenix-Map.png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Phoenix Apartment Data - 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