Arizona — Rental Investment Markets

All Arizona metros ranked by cap rate. Median cap rate: 4.5%, median home price: $380,000.

Median Cap Rate

4.5%

Median Home Price

$380,000

Median Rent

$1,900/mo

#CityCap RateCash FlowHome PriceRent (3BR)Verdict
1Phoenix, AZ4.5%-$50/mo$380,000$1,900/mo🟡 MODERATE