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Phoenix & Southwest  + Phoenix  + Apartments  | 
Phoenix BTR

Phoenix Tops Nation in BTR Deliveries

According to the latest Point2Homes Build-to-Rent report, Phoenix ranks #1 nationally for both the number of Build-to-Rent units delivered in 2024 and the number of units delivered over the past five years, marking an impressive 309% BTR inventory increase compared to 2019. 

The entire BTR sector reached a historic high, with 39,000 new units completed in 2024, a 15.5% increase from 2023 and ten times higher than 2015. This expansion is set to continue, with nearly 110,000 single-family rental homes currently in the pipeline across the country. Phoenix will remain a key player, with more than 13,000 additional homes planned or under construction in the coming years. 

Last year, Phoenix added 4,460 new single-family rentals to its BTR inventory — the highest total of any metro. Phoenix also holds the record for most BTR units delivered since 2020 — a total of 12,702. 

Phoenix is followed by two other Southern powerhouses — Dallas delivered 3,197 new house rentals in 2024, while Atlanta expanded its rental inventory by more than 3,000 units.  

Better Experience, Better Cash Flow: Be at Connect Phoenix Multifamily, SFR & BTR on April 10th to hear from U-Haul Holding Company’s Vice Chairman, Sam Shoen, when he takes the stage with leading names from Asset Living, Mark-Taylor Residential, and Moved to share insights into how the industry’s leaders are improving tenant relations and retention, while also boosting revenue generation. Register to be there! www.ConnectPHXMF2025.com | April 10, 2025 | The Westin Kierland Resort & Spa, Scottsdale.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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