dynamic.RE

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City

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City

State

City

ZIP codes

Phoenix, AZ · 85078

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $89K, +4.4% YoY (county); renters hold 34.8% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

1,730,696

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 1,884,334

1.9Munits

Occupied1,730,69691.8%

Vacant153,6388.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 1,730,696

1.7Moccupied

Owner1,127,88865.2%

Renter602,80834.8%

Renter Share

34.8%-0.4% YoY

Total Housing Units

1,884,334+1.8% YoY

FY2026 Fair Market Rent

CountyMaricopa County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,457

/month

1 BR

$1,583

/month

2 BR

$1,839

/month

3 BR

$2,452

/month

4 BR

$2,720

/month

FMR trends · Maricopa County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.5% to 4,559,748: residents under 18 are down 0.1% and those 65 and over are up 3.4%.

Median Age

37.62024

Population

Maricopa County Population

4,673,096+1.2% YoY

Households

Total Households

1,730,696+2.0% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.59-0.8% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 4,559,748

4.6Mresidents

Under 181,024,25722.5%

Adults 18–642,792,67761.2%

65 & Over742,81416.3%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

1,024,257-0.1% YoY

Population 65 & Over

742,814+3.4% YoY

Median Age

37.60+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.9%

Moved (within US)13.5%

Other0.6%

Veterans

6.6%-4.3% YoY

County Economy

County median household income is $89K, 11.0% of residents are below the poverty level, 20.8% work from home.

Income

Median Household Income

$89K+4.4% YoY

Per-Capita Income

$46K+4.5% YoY

Mean Household Income

$120K+4.2% YoY

Poverty

Below Poverty Level

11.0%-2.7% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone64.8%

Public transit1.2%

Worked from home20.8%

Other13.2%

Worked From Home

20.8%+10.6% YoY

Mean Commute

26.00-0.4% YoY

Done with 85078? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Phoenix, AZ · 85078

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $89K, +4.4% YoY (county); renters hold 34.8% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

1,730,696

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 1,884,334

1.9Munits

Occupied1,730,69691.8%

Vacant153,6388.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 1,730,696

1.7Moccupied

Owner1,127,88865.2%

Renter602,80834.8%

Renter Share

34.8%-0.4% YoY

Total Housing Units

1,884,334+1.8% YoY

FY2026 Fair Market Rent

CountyMaricopa County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,457

/month

1 BR

$1,583

/month

2 BR

$1,839

/month

3 BR

$2,452

/month

4 BR

$2,720

/month

FMR trends · Maricopa County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.5% to 4,559,748: residents under 18 are down 0.1% and those 65 and over are up 3.4%.

Median Age

37.62024

Population

Maricopa County Population

4,673,096+1.2% YoY

Households

Total Households

1,730,696+2.0% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.59-0.8% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 4,559,748

4.6Mresidents

Under 181,024,25722.5%

Adults 18–642,792,67761.2%

65 & Over742,81416.3%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

1,024,257-0.1% YoY

Population 65 & Over

742,814+3.4% YoY

Median Age

37.60+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.9%

Moved (within US)13.5%

Other0.6%

Veterans

6.6%-4.3% YoY

County Economy

County median household income is $89K, 11.0% of residents are below the poverty level, 20.8% work from home.

Income

Median Household Income

$89K+4.4% YoY

Per-Capita Income

$46K+4.5% YoY

Mean Household Income

$120K+4.2% YoY

Poverty

Below Poverty Level

11.0%-2.7% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone64.8%

Public transit1.2%

Worked from home20.8%

Other13.2%

Worked From Home

20.8%+10.6% YoY

Mean Commute

26.00-0.4% YoY

Done with 85078? Put it next to another market.