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Phoenix, AZ Real Estate: January 2026 Rental Trends Update

Published on Tuesday, January 13, 2026
Jeff Setlow
eXp Realty
Focus areas include Chandler, Gilbert, Gold Canyon, Mesa, Paradise Valley, Phoenix, Queen Creek, San Tan Valley, Scottsdale and Tempe, along with surrounding towns, communities and neighborhoods.
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As January 2026 unfolds, Phoenix, AZ continues to demonstrate a stabilized rental market, showing durability across single family homes and luxury condo units. Median rent on single family homes holds at $2,193 per month, matching late 2025’s figures and pointing to a calmer, more predictable leasing market. For both renters entering the market and property investors considering new opportunities, flat rental prices mean reduced volatility day to day and improved financial planning for the season ahead.

For those eyeing inventory, active luxury condo listings are at 103 units—showing demand at the upper end persists, but the pace of leasing has moderated, and median days on market for rentals have stretched modestly. It is a clear sign that while Phoenix remains attractive to renters, they have a little more time and negotiating room this January. Considering Phoenix, AZ January 2026 rental stability can help both landlords and tenants adapt offers and counteroffers to current market norms.

Stable Rental Pricing and Inventory This January

Key locations—particularly in north and east Phoenix—see more rental availability, while west side inventory keeps its edge with tight supply. The absence of major rent spikes helps anchor decision making for both short and long term leases. No significant aggregate concessions are reported, but many landlords are flexible with unit specifics to attract tenants. Occupancy rates appear strong, as inventory absorption continues without major shifts, underscoring Phoenix's ongoing rental appeal through January 2026.

Map Your Move in Phoenix, AZ

Ask Jeff Setlow for guidance on rental timing, neighborhood options, and negotiation tips for Phoenix, AZ in January 2026. Whether you lease or own, start your search with informed local support.

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Key Rental Market Facts: January 2026

For renters and investors alike, the ability to anticipate longer days on market for luxury options and greater unit-specific flexibility can be a key negotiating asset. If you are pursuing affordable homes in Phoenix, AZ this January 2026, or planning to offer rentals, tuning into these monthly shifts can save time and maximize outcomes.

Is It a Good Time to Rent in Phoenix, AZ?

With stabilized pricing, consistent supply, and steady demand, January 2026 is a solid time to enter lease agreements or consider investment strategies. For renters not seeing major aggregate concessions, focusing on individual unit perks and flexible lease terms with landlords remains your strongest path.

How to Move Quickly on Rentals in Phoenix, AZ

Want to lease in January 2026 or optimize returns as a landlord? Start with the most current data and advice from Jeff Setlow—tailored to your specific needs and timing this winter in Phoenix, AZ.

  • Single family home median rent: $2,193
  • Active luxury condo rentals: 103 units
  • Rental median days on market: increased moderately
  • Steady occupancy rates
  • Rental concessions: mostly unit-specific

January 2026 Rental Outlook for Phoenix, AZ

Whether you are leasing or listing, align your approach to January’s evolving rental landscape by consulting with Jeff Setlow—your guide to a steady, strategic Phoenix, AZ market.

Jeff Setlow
Written by Jeff Setlow
eXp Realty
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