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AZ — Metro

Phoenix Metro.
America’s Growth Market.

1.5M+ projected new residents through 2030. Strong LTR fundamentals, consistent CA migration, and a rental market that outperforms. Cap rates 5–6.5%.

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What’s Happening Right Now.

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Rental Market Pulse — Market data as of July 27, 2026
≈ $1,350
Metro Phoenix median rent (−3.5% YoY)
≈ 8%
Metro vacancy — a renter-friendly, operator’s market
$265B
TSMC’s total Arizona commitment — the demand engine underneath

This market: Phoenix city median rent ≈ $1,257 (−4.2% YoY) — below the metro median, with wide submarket variation from Downtown and Arcadia to the north corridor.

Sources: Apartment List July 2026 Rent Report · Realtor.com · Arizona Commerce Authority. Market-level estimates for orientation, not a guarantee of rental value.

$420K
Median Sale Price
5–6.5%
LTR Cap Rate
1.5M
Pop. Growth Projected
4.2%
Rental Vacancy
Phoenix Metro Real Estate

Phoenix Metro
Market Overview

The Phoenix Metro is one of the most dynamic real estate markets in the United States — a region experiencing sustained population growth, job creation, and infrastructure investment that has consistently attracted domestic and international investors for the past two decades. With 1.5 million residents projected to join the metro by 2030, Phoenix represents one of the most compelling long-term investment markets in the country.

Barré Properties serves the Phoenix Metro as part of our comprehensive Arizona coverage — with particular focus on investment property acquisition, LTR management, and relocation services for California clients making the move to the Valley. Our Scottsdale office provides direct coverage across the east and north Valley, with broker relationships spanning the entire metro.

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Market Statistics
$420K
Median Sale Price
Metro Average
5–6.5%
LTR Cap Rate
Investment Properties
1.5M
Pop. Growth Projected
Through 2030
4.2%
Rental Vacancy
Very Low
#3
US Relocation Dest.
Net Migration
Top 10
US Job Growth Market
Consistent Ranking
YOY Rent Growth+3.2%
Job Growth YOY+2.8%
CA Migration Flow↑ Strong & Sustained
New ConstructionActive — Watch Supply

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Who We Serve in Phoenix Metro

Buyers, Sellers, Owners
& Investors

Buyers

Phoenix Metro buyers benefit from our broker’s broad market knowledge and investment expertise. Whether you're purchasing a primary residence, an investment rental, or a relocation home from California, Barré Properties provides expert guidance across the entire Valley.

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Sellers

Phoenix Metro sellers gain access to both the local buyer pool and our broker’s California relocation pipeline — a significant advantage in a market where out-of-state buyers consistently drive premium pricing, particularly in the east Valley communities.

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Property Owners

Full-service LTR property management across the Phoenix Metro. Tenant placement, rent collection, maintenance, and monthly reporting for SFH and small multifamily investment properties. Competitive management fees with a no-setup-fee policy.

Property Management →
Individual Area Pages

Explore Each Metro Area

Each Phoenix-metro city has its own market dynamics. Dive into the area that fits your goals.

East Valley

Mesa

East Valley · best value

Explore Mesa →

Tempe

East Valley · ASU & light rail

Explore Tempe →

Gilbert

East Valley · top schools

Explore Gilbert →

Chandler

East Valley · tech corridor

Explore Chandler →

Queen Creek

Fastest-growing in AZ

Explore Queen Creek →

San Tan Valley

Newly incorporated 2025

Explore San Tan Valley →

Apache Junction

Superstition gateway

Explore Apache Junction →
West Valley

Buckeye

West Valley · Teravalis growth

Explore Buckeye →

Goodyear

West Valley · employment hub

Explore Goodyear →

Surprise

West Valley · family value

Explore Surprise →

Glendale

Sports & entertainment

Explore Glendale →

Peoria

Lake Pleasant · spring training

Explore Peoria →

Avondale

I-10 · motorsports

Explore Avondale →
Pinal County

Maricopa

Pinal · master-planned value

Explore Maricopa →

Casa Grande

Pinal · Lucid/LG boom

Explore Casa Grande →

Florence

Pinal · historic + growth

Explore Florence →

Coolidge

Pinal · emerging market

Explore Coolidge →
Neighborhoods & Communities

Phoenix Metro
Areas We Serve

PhoenixTempeMesaChandlerGilbertGlendaleSurpriseBuckeyeGoodyear

Every neighborhood has its own character, price dynamics, and investment profile. our broker’s deep familiarity with Phoenix Metro's communities means you get hyper-local guidance — not generic market advice.

Discuss a Specific Area →
Our Services in Phoenix Metro

How We
Serve You Here

  • Investment property acquisition
  • LTR property management
  • Buyer representation
  • Seller representation
  • CA → AZ relocation advisory
  • Agent referral coordination
Get Started →
Phoenix Metro Quick Links
Property ManagementPhoenix Market ReportScottsdale vs PhoenixArcadiaThings to DoHome Valuation

Ready to explore Phoenix Metro real estate?

Free Consultation480-269-1621
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AZ Broker #BR721911000 · AZ Entity #LC722056000 · CA Broker #01786835 · Barré & Company Realty LLC
Barré Properties

Phone & Email

480-269-1621
hello@barreproperties.com

Offices

Office
7150 E. Camelback Rd, Suite 444 #16972066, Scottsdale, AZ 85251

AZ Broker Lic. #BR721911000 · AZ Entity Lic. #LC722056000
CA Broker Lic. #01786835
Barré & Company Realty LLC

Our Markets

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Other Markets

Scottsdale

Luxury, golf & fine dining

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Paradise Valley

Arizona's most prestigious address

Explore Paradise Valley →

Sedona

Red rocks & strong STR demand

Explore Sedona →

Verde Valley

Wine country & exceptional value

Explore Verde Valley →
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Live From the MLS

Newest Phoenix Listings

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Live Market Data

Phoenix Market Right Now

Take the Phoenix Market & Lifestyle Guide with you.

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