A recent RentCafé report shows that Metro Phoenix maintains its leadership position in the Build-to-Rent (BTR) and Single-Family Rental sector despite a nationwide boom. In 2022, 14,541 new units were delivered across the US, a 47% increase from 2021. Phoenix has delivered 6,071 BTR units between 2017 and 2022, with a 2022 inventory of 8,239 units, representing a 280% increase during the study period. The city also leads in units under construction with 5,473 units.