Market Summary

Tempe, Maricopa County, AZ

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Median Home Price Price

$461,571 $461.6K

Median Monthly Rent Rent

$2,037 $2K

GRM

19.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Maricopa County

Region Price Rent GRM Display
$407,188 $1,889 18.0x
$341,235 $2,119 13.0x
$431,596 $1,925 19.0x
$404,328 $1,975 17.0x
$567,671 $2,043 23.0x
$397,469 $2,176 15.0x
$569,530 $2,623 18.0x
$304,373 $1,404 18.0x
$484,304 $2,071 20.0x
$521,705 $2,258 19.0x
$392,785 $2,165 15.0x
$512,979 $2,899 15.0x
$518,087 $2,400 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets within AZ outside of Maricopa County

Region Price Rent GRM Display
$628,177 $2,549 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of AZ

Region Price Rent GRM Display
$456,604 $2,038 19.0x
$559,330 $2,103 22.0x
$290,240 $1,870 13.0x
$365,858 $2,169 14.0x
$739,235 $2,083 30.0x
$529,876 $2,562 17.0x
$350,776 $1,577 19.0x
$401,884 $1,630 21.0x
$375,838 $2,070 15.0x
$221,370 $1,915 10.0x
$468,169 $2,080 19.0x
$721,486 $2,265 27.0x
$481,557 $2,016 20.0x
$428,212 $2,169 17.0x

Home prices

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Monthly rent

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GRM

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Tempe

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Trend Insights

Median Rent in Tempe, AZ is $2,037, with MoM change +$10 and YoY change +$10 pointing to positive momentum while volatility is low (std $11).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Tempe, AZ.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Tempe, AZ
Compare market Select a market
Delta vs base
Median rent
$2,037
N/A
Median price
$461,571
N/A
YoY change
+$10
N/A
Price-to-rent
18.9x
Data unavailable
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