{
  "schema_version": "1.0",
  "submarket": {
    "slug": "deer-valley-tsmc-az",
    "name": "Deer Valley / TSMC",
    "state": "AZ",
    "city": "PHOENIX",
    "cbsa": "Phoenix-Mesa-Chandler",
    "zip_codes": [
      "85024",
      "85027",
      "85085",
      "85086"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-22T04:22:03.797Z",
    "last_updated_at": "2026-06-02T14:00:13.782Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1356,
        "low": 1301,
        "high": 1410,
        "mom_pct": 2.7422116689280873,
        "yoy_pct": -2.1821166892808685
      },
      "2br": {
        "median": 1616,
        "low": 1535,
        "high": 1697,
        "mom_pct": -2.133337547408343,
        "yoy_pct": -3.379608091024021
      },
      "3br": {
        "median": 2053,
        "low": 1950,
        "high": 2156,
        "mom_pct": -3.9000507614213196,
        "yoy_pct": -6.347411167512691
      },
      "4br": {
        "median": 3092,
        "low": 2953,
        "high": 3231,
        "mom_pct": 0.8294444444444444,
        "yoy_pct": 0.4488888888888889
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1377,
        "low": 1347,
        "high": 1407,
        "mom_pct": 0.4344444444444444,
        "yoy_pct": -4.412962962962963
      },
      "2br": {
        "median": 1673,
        "low": 1631,
        "high": 1715,
        "mom_pct": 2.375348837209302,
        "yoy_pct": -1.8411627906976744
      },
      "3br": {
        "median": 2092,
        "low": 2025,
        "high": 2159,
        "mom_pct": 0.3873333333333333,
        "yoy_pct": -3.729333333333334
      },
      "4br": {
        "median": 3121,
        "low": 3028,
        "high": 3215,
        "mom_pct": -1.422857142857143,
        "yoy_pct": -2.704285714285714
      }
    },
    "single_family": {
      "1br": {
        "median": 1667,
        "low": 1609,
        "high": 1725,
        "mom_pct": -6.559,
        "yoy_pct": -7.017
      },
      "2br": {
        "median": 1956,
        "low": 1888,
        "high": 2025,
        "mom_pct": -7.0576,
        "yoy_pct": -6.6804
      },
      "3br": {
        "median": 2267,
        "low": 2154,
        "high": 2381,
        "mom_pct": 3.916896551724138,
        "yoy_pct": 1.3955747126436782
      },
      "4br": {
        "median": 2706,
        "low": 2584,
        "high": 2827,
        "mom_pct": 3.9408641975308645,
        "yoy_pct": 2.884691358024691
      }
    }
  },
  "vacancy": 3.5389,
  "days_on_market": {
    "apartment": 38,
    "condo_townhome": 31,
    "single_family": 27
  },
  "ai_summary": [
    {
      "headline": "1BR apartments increase 2.7% MoM to $1,356",
      "body": "In the Deer Valley / TSMC (85024, 85027, 85085, 85086) rental market, 1-bedroom apartments saw a monthly gain of 2.74%, bringing the median rent to $1,356 in April 2026. However, the segment experienced a year-over-year decrease of -2.18%, reflecting ongoing downward pressure in the annual figures."
    },
    {
      "headline": "2BR condos lead apartments at $1,673",
      "body": "For 2-bedroom properties in Deer Valley / TSMC (85024, 85027, 85085, 85086), condo/townhomes hold a rent advantage at $1,673 versus apartments at $1,616—a difference of $57. Annual changes show condos dipped -1.84%, while apartments posted a steeper -3.38% decline year-over-year."
    },
    {
      "headline": "3BR apartments drop 3.9% MoM to $2,053",
      "body": "Among larger multifamily units, Deer Valley / TSMC (85024, 85027, 85085, 85086) rental trends reveal that 3-bedroom apartments fell by -3.90% month-over-month, settling at $2,053. The annual decline was also notable, reaching -6.35%, underscoring the downward movement in this segment."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Deer Valley / TSMC, AZ range from $1,356 to $3,121 per month depending on property type and bedroom count.",
      "The largest year-over-year change was a -7.02% decrease for single-family 1BR units in Deer Valley / TSMC, AZ.",
      "Comparing 2BR units, single-family homes have a median rent of $1,956 while apartments are lower at $1,616."
    ],
    "qa": [
      {
        "question": "What is the current range of rental prices in Deer Valley / TSMC, AZ?",
        "answer": "In April 2026, rents in Deer Valley / TSMC, AZ range from $1,356 for a 1BR apartment up to $3,121 for a 4BR condo/townhome."
      },
      {
        "question": "Are there any outlier rent changes among Deer Valley / TSMC, AZ rentals this April?",
        "answer": "Yes, the largest month-over-month change was a -7.06% drop for single-family 2BR units, falling to $1,956."
      },
      {
        "question": "How much higher is single-family rent compared to apartments for the same bedroom count in Deer Valley / TSMC, AZ?",
        "answer": "For 3BR units in April 2026, single-family homes rent for $2,267, which is $214 more than 3BR apartments at $2,053."
      },
      {
        "question": "Which Deer Valley / TSMC, AZ rental segment had the biggest annual rent increase, and is this growth widespread?",
        "answer": "The largest year-over-year increase was 2.88% for single-family 4BR homes, rising to $2,706, but most other segments declined or rose only slightly, so this gain is concentrated in the 4BR single-family segment."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1356,
          "2br": 1616,
          "3br": 2053,
          "4br": 3092
        },
        "condo_townhome": {
          "1br": 1377,
          "2br": 1673,
          "3br": 2092,
          "4br": 3121
        },
        "single_family": {
          "1br": 1667,
          "2br": 1956,
          "3br": 2267,
          "4br": 2706
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1287,
          "2br": 1630,
          "3br": 2073,
          "4br": 2914
        },
        "condo_townhome": {
          "1br": 1277,
          "2br": 1497,
          "3br": 1935,
          "4br": 3177
        },
        "single_family": {
          "1br": 1758,
          "2br": 1967,
          "3br": 2132,
          "4br": 2504
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1323,
          "2br": 1605,
          "3br": 2104,
          "4br": 3038
        },
        "condo_townhome": {
          "1br": 1438,
          "2br": 1656,
          "3br": 2144,
          "4br": 3188
        },
        "single_family": {
          "1br": 1777,
          "2br": 2146,
          "3br": 2178,
          "4br": 2512
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1377,
          "2br": 1634,
          "3br": 2183,
          "4br": 3072
        },
        "condo_townhome": {
          "1br": 1446,
          "2br": 1684,
          "3br": 2182,
          "4br": 3219
        },
        "single_family": {
          "1br": 1803,
          "2br": 2166,
          "3br": 2198,
          "4br": 2535
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1384,
          "2br": 1646,
          "3br": 2189,
          "4br": 3150
        },
        "condo_townhome": {
          "1br": 1434,
          "2br": 1648,
          "3br": 2182,
          "4br": 3230
        },
        "single_family": {
          "1br": 1815,
          "2br": 2129,
          "3br": 2208,
          "4br": 2573
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1385,
          "2br": 1645,
          "3br": 2175,
          "4br": 3187
        },
        "condo_townhome": {
          "1br": 1455,
          "2br": 1667,
          "3br": 2185,
          "4br": 3254
        },
        "single_family": {
          "1br": 1829,
          "2br": 2146,
          "3br": 2196,
          "4br": 2590
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1357,
          "2br": 1692,
          "3br": 2159,
          "4br": 3187
        },
        "condo_townhome": {
          "1br": 1426,
          "2br": 1692,
          "3br": 2192,
          "4br": 3260
        },
        "single_family": {
          "1br": 1826,
          "2br": 2160,
          "3br": 2232,
          "4br": 2667
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1387,
          "2br": 1661,
          "3br": 2132,
          "4br": 3115
        },
        "condo_townhome": {
          "1br": 1473,
          "2br": 1668,
          "3br": 2181,
          "4br": 3271
        },
        "single_family": {
          "1br": 1833,
          "2br": 2200,
          "3br": 2239,
          "4br": 2703
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1362,
          "2br": 1679,
          "3br": 2184,
          "4br": 3137
        },
        "condo_townhome": {
          "1br": 1417,
          "2br": 1697,
          "3br": 2210,
          "4br": 3278
        },
        "single_family": {
          "1br": 1860,
          "2br": 2172,
          "3br": 2272,
          "4br": 2718
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1373,
          "2br": 1648,
          "3br": 2152,
          "4br": 3116
        },
        "condo_townhome": {
          "1br": 1436,
          "2br": 1650,
          "3br": 2217,
          "4br": 3275
        },
        "single_family": {
          "1br": 1836,
          "2br": 2147,
          "3br": 2263,
          "4br": 2716
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1390,
          "2br": 1653,
          "3br": 2164,
          "4br": 3114
        },
        "condo_townhome": {
          "1br": 1454,
          "2br": 1683,
          "3br": 2192,
          "4br": 3267
        },
        "single_family": {
          "1br": 1838,
          "2br": 2128,
          "3br": 2278,
          "4br": 2690
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1376,
          "2br": 1681,
          "3br": 2180,
          "4br": 3091
        },
        "condo_townhome": {
          "1br": 1426,
          "2br": 1692,
          "3br": 2218,
          "4br": 3235
        },
        "single_family": {
          "1br": 1809,
          "2br": 2104,
          "3br": 2226,
          "4br": 2662
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/deer-valley-tsmc-az/",
    "self": "https://data.estaite.com/feeds/deer-valley-tsmc-az.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}