Phoenix, United States
Property prices · 2025 · Americas · Price +3.8% vs 2024
Property price trend in Phoenix (2024–2026)
Property comparison — cities in United States (2025)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Phoenix |
|---|---|---|---|---|
| Phoenix | USD 4,982 | USD 3,114 | USD 1,557 | — |
| New York | USD 19,240 | USD 10,920 | USD 3,640 | +286.2% |
| San Francisco | USD 17,472 | USD 10,192 | USD 3,328 | +250.7% |
| Los Angeles | USD 11,960 | USD 7,800 | USD 2,912 | +140.1% |
| Seattle | USD 11,937 | USD 7,474 | USD 2,906 | +139.6% |
| Boston | USD 10,588 | USD 6,643 | USD 2,699 | +112.5% |
| Washington DC | USD 9,861 | USD 6,124 | USD 2,491 | +97.9% |
| Miami | USD 8,840 | USD 5,720 | USD 2,600 | +77.4% |
| Austin | USD 7,474 | USD 4,671 | USD 1,972 | +50% |
Other Americas cities (2025)
Frequently asked questions
How much does property cost in Phoenix in 2025?
In Phoenix, the average price per sqm in the city centre is USD 4,982, and USD 3,114 outside the centre (2025 data). Prices have risen 7% since 2024.
How much is rent in Phoenix in 2025?
A 1-bedroom apartment in Phoenix rents for approximately USD 1,557 per month in 2025. A 3-bedroom apartment costs around USD 2,491/month.
Is it better to buy or rent in Phoenix?
Buying and renting are roughly comparable in Phoenix. The price-to-rent ratio is 16.0x — it would take approximately 16.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 7.00%.
What are mortgage rates in United States in 2025?
The average mortgage rate in United States is approximately 7.00% as of 2025. With a price-to-rent ratio of 16.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Phoenix changed?
Property prices in Phoenix have changed +3.8% vs 2024. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.
What is the price per sqm in Phoenix?
The average property price per square metre in Phoenix city centre is USD 4,982 in 2025. Outside the centre, expect to pay around USD 3,114/sqm.