Arizona continues to dominate the national build-to-rent (BTR) conversation—and the data backs it up.
🔑 Key Takeaways:
- Massive Growth in BTR:
- Nearly 14,000 single-family rental homes are under construction in Arizona—second only to Texas.
- This will grow Arizona’s BTR inventory by 76.3%.
- Metro Phoenix Is Ground Zero:
- The Phoenix-Mesa-Chandler metro leads with 13,100+ units in development—more than most entire states.
- Small Cities, Big Surges:
- Casa Grande: 600% increase in rental supply (700 units).
- Buckeye: Nearly 1,900 homes underway; a 332% inventory jump.
- Apache Junction & Queen Creek: Both expected to more than double their BTR inventory.
💡 Why It Matters for Investors:
- High population growth and housing shortages make Arizona an ideal market for BTR development.
- Secondary cities like Casa Grande and Buckeye offer massive upside potential.
- Local governments showing openness to development make this a market that rewards proactive investors.