Phoenix, Arizona

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240
Managers in Phoenix
$1,750
Average Rent
4.8/5
Average Manager Rating

Phoenix Rental Market Overview

Current market trends and statistics to help you make informed property management decisions

Annual Rent Growth
+8.3%
Year over year
Vacancy Rate
5.9%
Current market
Days on Market
20
Average rental
1BR Median
$1,450
Per month

Median Rents by Bedroom Count

1 Bedroom
$1,450
2 Bedrooms
$1,850
3 Bedrooms
$2,400

Key Economic Drivers in Phoenix

Technology
Healthcare
Manufacturing
Tourism
Real Estate Development

These industries drive rental demand and influence the types of tenants seeking housing in Phoenix.

Why you need a local Phoenix property manager

Local Market Knowledge

Phoenix has unique rental market dynamics, neighborhood characteristics, and tenant expectations. A local property manager understands competitive rental rates in different Phoenix neighborhoods, seasonal demand patterns, and the types of amenities tenants expect in this market.

Regulatory Compliance

Phoenix and Arizona have specific landlord-tenant laws, registration requirements, and safety regulations. Local property managers stay current with these regulations and ensure your property remains compliant, protecting you from potential legal issues.

Quick Response Times

When maintenance issues arise or tenant concerns need addressing, having a property manager physically located in Phoenix means faster response times and better on-site oversight of your investment property.

Popular Phoenix neighborhoods we serve

Each neighborhood has unique characteristics and rental dynamics. Our property managers know them all.

Arcadia

$2,800–$5,500

One of Phoenix's most coveted in-fill neighborhoods, straddling the border of Phoenix and Scottsdale between Camelback Mountain and the Arizona Canal. The area is defined by large ranch-style homes on generous lots, mature citrus trees, and a walkable village core along 44th Street and Indian School Road. Investors should expect high entry prices but can command some of the city's highest single-family rents from long-term, high-income tenants.

Best For:
High-income long-term tenants, luxury single-family rentals with pools

Downtown Phoenix

$1,400–$2,800

Has undergone a dramatic transformation, anchored by ASU's downtown campus, the light rail corridor, and a growing concentration of technology and healthcare employers. High-rise and mid-rise multifamily development has accelerated, creating strong demand from young professionals and graduate students who prioritize walkability and urban amenities.

Best For:
Young professionals, urban condo and apartment investors

Old Town Scottsdale

$1,800–$4,200 (long-term)

Blends a vibrant entertainment and dining district with a dense concentration of STR-friendly condos and casitas, making it one of the top short-term rental markets in the entire Southwest. The area draws a mix of snowbirds, corporate travelers, and leisure visitors who fuel strong nightly rates from October through May, while savvy investors often pivot to mid-term furnished rentals during the slower summer months.

Best For:
Short-term and mid-term rental investors, snowbird-season income

North Scottsdale

$2,600–$6,000

Encompasses prestigious zip codes north of the 101 freeway, including Troon, DC Ranch, and Grayhawk, where master-planned communities offer resort-style amenities, top-rated Scottsdale Unified schools, and easy access to the Scottsdale Airpark. Single-family homes and luxury townhomes here attract corporate relocatees, senior executives, and affluent families willing to pay top-of-market rents.

Best For:
Corporate relocatees, luxury family rentals, long-term high-income tenants

Tempe

$1,200–$2,600

Home to Arizona State University's main campus, giving it a perpetually strong renter demand base spanning students, university staff, and tech and biomedical professionals drawn to the nearby Price Road Corridor and Tempe Town Lake developments. The light rail connection to Downtown Phoenix and Sky Harbor Airport enhances desirability for renters who prefer to minimize car dependence.

Best For:
Student housing, young professionals, multifamily investors

Chandler

$1,700–$3,200

Has become one of the most sought-after suburbs in the Phoenix metro, driven by the dense concentration of semiconductor, technology, and financial services employers along the Price and Dobson corridors — including Intel, Wells Fargo, and PayPal. This corporate employment base generates sustained demand from high-earning professionals and dual-income households seeking newer construction homes.

Best For:
Tech and corporate professional renters, newer construction single-family

Gilbert

$1,800–$3,400

Has transformed into one of the fastest-growing and most affluent suburbs in the country. The Heritage District's restaurant scene, top-ranked schools, and master-planned communities attract family-oriented, long-term renters who treat their rental homes like owned properties — typically yielding lower turnover and lower maintenance costs for investors.

Best For:
Family-oriented long-term renters, low-turnover single-family investments

Mesa

$1,100–$2,200

Arizona's third-largest city, offering investors an accessible entry point with a diverse mix of older single-family homes, newer master-planned subdivisions in the east valley, and a growing downtown redevelopment corridor. The city's affordability relative to Scottsdale and Chandler attracts a broad renter demographic including working families and essential-service workers, producing stable, long-duration tenancies.

Best For:
Cash-flow-focused investors, working families, long-term stable tenancies

Ahwatukee

$1,600–$2,900

A large master-planned community at the southern tip of Phoenix, bordered by South Mountain Park and geographically constrained by natural boundaries and tribal land — meaning new supply is limited, providing a structural floor under both home values and rental rates. Draws professional families, empty-nesters, and outdoor enthusiasts attracted to the mountain biking and hiking trails of South Mountain and award-winning school districts.

Best For:
Professional families, low new-supply appreciation play, stable long-term tenancies

And many more neighborhoods throughout Phoenix

Phoenix Rental Regulations

Stay compliant with local landlord-tenant laws. Our property managers are experts in Arizona regulations.

Rent Control

No

Landlord Licensing

Business license may be required

Security Deposit Limits

One and a half months rent maximum

Entry Notice Requirements

48 hours notice required

Special Ordinances & Requirements

  • Arizona Residential Landlord Tenant Act applies
  • Fast-growing market with minimal restrictions
  • HOA regulations common in newer developments

Why this matters: Professional property managers stay current with all Phoenix and Arizona regulations, protecting you from costly compliance violations and legal issues.

How to get started

Finding a property manager in Phoenix is simple with Rental Manager Match

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What Phoenix property owners say

Real owners who found their property manager through Rental Manager Match

I moved to Seattle for work and was terrified about managing my Arcadia house remotely — especially after hearing stories about summer HVAC emergencies. My property manager scheduled a full AC tune-up before I even left, found a great tenant within three weeks, and has handled every issue since without me needing to lift a finger. Rent hits my account on the first of every month like clockwork.
Megan R.
Arcadia, Phoenix
Single-family home with pool
We bought a second property in Chandler as a long-term investment and knew we needed professional help from day one. Our property manager walked us through Arizona's landlord-tenant laws, priced the rental perfectly for the market, and placed a qualified tenant in under two weeks. When monsoon season damaged part of the back patio, they had a contractor out the next morning and sent us photos before any repair was authorized.
David and Carla T.
Chandler, Phoenix metro
Four-bedroom single-family home
I inherited a condo in Old Town Scottsdale and wasn't sure whether to sell or rent. My property manager ran the numbers, showed me what comparable units were leasing for, and set me up with a short-term rental strategy that generates significantly more than a long-term lease would. They handle the TPT filings, guest screening, and turnover cleaning — I just check the monthly statements.
James W.
Old Town Scottsdale
Two-bedroom luxury condo

Frequently asked questions

Common questions about property management in Phoenix

What Arizona laws govern the landlord-tenant relationship in Phoenix?

Rental properties in Phoenix are governed by the Arizona Residential Landlord and Tenant Act (A.R.S. Title 33, Chapter 10). The Act sets out landlord obligations — including maintaining fit and habitable premises — as well as tenant rights around security deposits, repairs, and lease termination. Phoenix does not have its own separate landlord-tenant ordinance, so state law is the primary framework every property owner must follow. A qualified property manager will ensure your leases, notices, and procedures are fully compliant with the ARLTA.

Is there rent control in Phoenix or anywhere in Arizona?

No. Arizona state law (A.R.S. § 33-1329) explicitly prohibits cities and counties from enacting rent control or rent stabilization ordinances. This means Phoenix, Scottsdale, Tempe, Mesa, Chandler, Gilbert, and every other municipality in the state cannot cap how much a landlord charges or limit rent increases. Owners are free to adjust rents to market rates at lease renewal, making Arizona one of the most landlord-friendly states for long-term rental investors.

How much notice must a Phoenix landlord give before entering a rental property?

Under A.R.S. § 33-1343, landlords must provide at least two days' written notice before entering a unit for non-emergency reasons such as inspections, repairs, or showing the property. Entry must occur at a reasonable time. In a genuine emergency — such as a burst pipe or fire — a landlord may enter immediately without prior notice. A professional property manager handles all entry coordination and documentation, protecting you from potential ARLTA violations.

What are typical property management fees in the Phoenix metro?

Most Phoenix-area property management companies charge a monthly management fee of 8%–12% of collected rent for single-family homes and small multifamily properties, with the market average hovering around 10%. In addition, expect a leasing or placement fee of 50%–100% of one month's rent when a new tenant is placed, plus optional fees for lease renewals ($100–$250), maintenance coordination, and periodic inspections. Full-service managers who handle everything from tenant screening to eviction processing are typically at the higher end of the fee range.

Can I rent my Phoenix property on Airbnb or as a short-term rental?

Yes — and Arizona law strongly protects your right to do so. A.R.S. § 9-500.39 prohibits cities and towns from banning short-term rentals outright or treating them differently from other residential uses. Phoenix and its suburbs cannot block STR activity through zoning, though they may require registration and collect transaction privilege tax (TPT) on rental income. Owners must still comply with state health-and-safety standards and HOA rules where applicable. A property manager experienced in STR compliance can handle TPT remittance, dynamic pricing, and guest vetting.

What unique maintenance challenges do Phoenix landlords face because of the desert heat?

Phoenix's extreme climate — summer highs routinely exceeding 110°F — creates maintenance demands that landlords in other markets rarely face. HVAC systems should be serviced twice a year, and compressor failures during peak summer are a genuine emergency requiring same-day response to meet habitability standards under the ARLTA. Roof and exterior caulking must withstand intense UV exposure and the violent monsoon storms that arrive each July and August, bringing wind, hail, and flash flooding. Pool equipment, irrigation systems, and sun-bleached exterior paint are additional recurring line items. Experienced Phoenix property managers maintain relationships with licensed HVAC and roofing contractors to keep response times short and costs under control.

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