Chandler Rental & Real Estate Market Update – May 2025

Chandler continues to be one of the most desirable (and competitive) cities in the East Valley. With steady in-migration, strong schools, and a healthy tech sector, investor activity remains high—but rising costs and longer vacancy times are starting to shift the playbook.

🏘️ Chandler Housing Market Trends

  • Inventory Still Tight: Compared to surrounding cities, Chandler’s resale market remains constrained—especially in the under-$500k range. High demand continues to pressure affordability.
  • Stable Prices: Chandler’s median price per square foot has stayed relatively flat year-over-year, but sellers are seeing longer time on market as buyers become more selective.
  • New Construction Lag: High land costs and permitting delays mean limited new supply is entering the market, especially for detached single-family homes.

📊 Rental Market Performance

  • Rent Growth Slowing: Rents in Chandler are up just 2–3% YoY—healthy, but a clear deceleration from the post-COVID boom.
  • Tenant Quality Matters More: With vacancy periods stretching past 30 days, investor focus is shifting from maximum rent to minimizing turnover.
  • Evictions on the Rise: The eviction rate has climbed across the East Valley, and Chandler is no exception. Many tenants are struggling to keep up as wage growth lags inflation.

🛠️ Investor Insights

  • Chandler Investors Face:
    • Higher maintenance costs from aging homes and increased vendor pricing.
    • Difficulty sourcing reliable tenants in a slower leasing environment.
    • A need for tech-enabled solutions to manage compliance and communication.
  • Why Property Managers Are Crucial in Chandler:
    • PMs reduce legal risk in a more regulated environment.
    • They help fill units faster and screen higher-quality tenants.
    • Investors using a PM report fewer headaches and more consistent profitability.
  • Top Chandler Strategies for 2025:
    • Focus on lease renewals and retention incentives.
    • Use local PMs who understand city licensing and neighborhood demand.
    • Invest in minor upgrades that help Chandler homes stand out (smart home tech, low-maintenance landscaping, energy-efficient AC).