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States / Arizona / Phoenix

Phoenix, AZ Housing

ACS 2020-2024

Median Home Value
$420,700 ± $3,431
Median Gross Rent
$1,582 ± $14/mo
Homeownership Rate
57.3%
Rent as Share of Income
23.3%
Price-to-Income Ratio
5.2×
Vacancy Rate
6.5%
Median Year Built
1985

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
10,395
Buildings
3,693
Single-Family Units
3,154
Multi-Family Units
7,241

Nearby Cities in Arizona

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Phoenix, AZ Housing: Rent & Home Values | HomeDataUSA