Phoenix Leads the Nation in Build-to-Rent Development

Phoenix has officially taken the top spot in the U.S. for build-to-rent (BTR) housing—a sector reshaping how people live and invest.

Key Takeaways:

  • Phoenix has the largest pipeline of BTR projects nationwide, reflecting strong demand for rental housing.
  • Rising home prices and mortgage rates are pushing families toward single-family rentals as an alternative to ownership.
  • Investors are betting big on BTR, attracted by steady rent growth and resilient demand.
  • Arizona’s business-friendly environment and population growth are fueling the trend.
  • For landlords, BTR communities often feature professional property management, which reduces liability and increases profitability.

Why it Matters for Investors in Maricopa & Pinal Counties:

  • Tenant demand is strong: Families want space and stability but can’t or won’t buy.
  • Professional management is trending: Reports show investors using property managers report stronger returns and lower stress.
  • More supply doesn’t kill opportunity: Even with growth, Arizona’s housing shortage means rentals remain essential.