Phoenix, AZ market rent & home values
Zillow’s typical market rent (ZORI) and home value (ZHVI) for the Phoenix, AZ metro — the asking-price signals that lead CPI shelter by about a year. All metros: /metros.
Rent
Typical market rent
$1,722/mo
Aug 2026
Year over year
+0.7%
US +2.5%
YoY, last 24 months (Sep 2024 onward).
Home values
Typical home value
$442,078
Aug 2026
Year over year
−1.2%
US +1.2%
YoY, last 24 months (Sep 2024 onward).
Data: metros.json (Zillow Research, monthly).