Building Arizona

Construction site for an apartment building

Arizonans are facing a growing problem: low- and middle-income rental housing has become increasingly unaffordable and scarce in one of the nation’s fastest-growing states. Rent increases have far outpaced inflation and wage growth. This surge in rental prices puts low- and middle-income renters at risk, and many Arizona renters have struggled to keep up.

This report identifies and evaluates the availability and affordability challenges facing Arizona renters, analyzes the causes, and discusses potential policy responses.