Housing mix

Phoenix, AZ housing supply, ownership, and rent

What the latest ACS housing mix can and cannot tell buyers and renters comparing options in Phoenix, AZ.

Source: U.S. Census Bureau

Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.

Aerial view of a residential housing development
Photo by Pavel Danilyuk via Pexels

The local figures answer the first question: Phoenix, AZ's current ACS housing baseline includes 653,065 total housing units, 610,442 occupied units, and 42,623 vacant units. For the decision at hand, those counts may help a borrower establish the scale of the measured housing base before comparing tenure, rent, current listings, property condition, and financing. The figures describe stock across the survey period; they do not say that 42,623 homes were listed for sale or available to rent at one moment. In practical terms, reading 653,065 total units with 610,442 occupied and 42,623 vacant units keeps the release internally grounded while leaving live availability to current listing and property evidence.

Phoenix, AZ's ACS median gross rent is $1,582, while renter-occupied units account for 42.7% of occupied housing and owner-occupied units account for 57.3%. For borrower planning, the $1,582 median includes rent and certain utilities for the measured rental stock; it does not identify a lease offer comparable to a home under consideration.