{
  "schema_version": "1.0",
  "submarket": {
    "slug": "encanto-palmcroft-az",
    "name": "Encanto / Palmcroft",
    "state": "AZ",
    "city": "PHOENIX",
    "cbsa": "Phoenix-Mesa-Chandler",
    "zip_codes": [
      "85007",
      "85009"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:52:05.570Z",
    "last_updated_at": "2026-06-02T13:18:08.470Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 955,
        "low": 917,
        "high": 994,
        "mom_pct": 2.585942028985507,
        "yoy_pct": -6.056086956521739
      },
      "2br": {
        "median": 1225,
        "low": 1176,
        "high": 1274,
        "mom_pct": 1.3554838709677417,
        "yoy_pct": 1.3985483870967743
      },
      "3br": {
        "median": 1772,
        "low": 1701,
        "high": 1843,
        "mom_pct": -0.14875,
        "yoy_pct": -2.29875
      },
      "4br": {
        "median": 3033,
        "low": 2927,
        "high": 3154,
        "mom_pct": 0.5988888888888888,
        "yoy_pct": 7.611111111111111
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1097,
        "low": 1069,
        "high": 1124,
        "mom_pct": -0.2925,
        "yoy_pct": -6.22625
      },
      "2br": {
        "median": 1249,
        "low": 1222,
        "high": 1276,
        "mom_pct": -4.016315789473684,
        "yoy_pct": -5.921578947368421
      },
      "3br": {
        "median": 1829,
        "low": 1784,
        "high": 1875,
        "mom_pct": -3.035,
        "yoy_pct": 0.15000000000000005
      },
      "4br": {
        "median": 3113,
        "low": 3020,
        "high": 3206,
        "mom_pct": 0.695,
        "yoy_pct": 1.4350000000000003
      }
    },
    "single_family": {
      "1br": {
        "median": 1024,
        "low": 993,
        "high": 1055,
        "mom_pct": -15.293888888888887,
        "yoy_pct": -28.091666666666665
      },
      "2br": {
        "median": 1636,
        "low": 1584,
        "high": 1689,
        "mom_pct": -5.296666666666667,
        "yoy_pct": -3.11
      },
      "3br": {
        "median": 1914,
        "low": 1866,
        "high": 1961,
        "mom_pct": -0.4699999999999999,
        "yoy_pct": 0.2833333333333332
      },
      "4br": {
        "median": 2162,
        "low": 2107,
        "high": 2216,
        "mom_pct": -2.265,
        "yoy_pct": -2.115
      }
    }
  },
  "vacancy": 3.5389,
  "days_on_market": {
    "apartment": 33,
    "condo_townhome": 28,
    "single_family": 27
  },
  "ai_summary": [
    {
      "headline": "1BR apartments up 2.6% MoM, down 6.1% YoY",
      "body": "In the Encanto / Palmcroft (85007, 85009) rental market, median rent for 1-bedroom apartments reached $955 in April 2026, rising by 2.6% month-over-month. Despite this short-term gain, the segment saw a -6.1% year-over-year decrease, highlighting continued downward pressure since last year."
    },
    {
      "headline": "2BR condos fall 4.0% MoM to $1,249",
      "body": "Among 2-bedroom options in Encanto / Palmcroft (85007, 85009), condos/townhomes commanded a median rent of $1,249 but declined by -4.0% month-over-month. Apartments for the same bedroom count posted $1,225, representing a modest 1.4% MoM increase and narrowing the price gap between these property types."
    },
    {
      "headline": "4BR apartments lead segment with 7.6% YoY growth",
      "body": "While single-family 4-bedroom homes dropped -2.1% year-over-year to $2,162, Encanto / Palmcroft (85007, 85009) rental trends show 4-bedroom apartments at $3,033, marking a 7.6% YoY surge—making them the top performer in large-unit growth within the submarket."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Encanto / Palmcroft, AZ range from $955 to $3,113 per month depending on property type and bedroom count.",
      "The largest year-over-year change is a 28.09% decrease for single-family 1BR units in Encanto / Palmcroft, AZ.",
      "For 2BR rentals, apartments have a median rent of $1,225 compared to $1,249 for condos/townhomes."
    ],
    "qa": [
      {
        "question": "What is the rent range for Encanto / Palmcroft, AZ in April 2026?",
        "answer": "As of April 2026, rents in Encanto / Palmcroft, AZ range from $955 for a 1BR apartment up to $3,113 for a 4BR condo/townhome."
      },
      {
        "question": "Are rents rising or falling in Encanto / Palmcroft, AZ for April 2026?",
        "answer": "Rents in Encanto / Palmcroft, AZ show a mix of increases such as a 7.61% YoY rise for 4BR apartments and decreases such as a 28.09% YoY drop for single-family 1BR units."
      },
      {
        "question": "Which property and bedroom combination is the most expensive in Encanto / Palmcroft, AZ?",
        "answer": "The most expensive rental is a 4BR condo/townhome at $3,113 per month in Encanto / Palmcroft, AZ as of April 2026."
      },
      {
        "question": "What rental segment has an unusually large year-over-year change in Encanto / Palmcroft, AZ?",
        "answer": "Single-family 1BR units experienced an outlier change, with a 28.09% year-over-year decrease to a median rent of $1,024 in Encanto / Palmcroft, AZ."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 955,
          "2br": 1225,
          "3br": 1772,
          "4br": 3033
        },
        "condo_townhome": {
          "1br": 1097,
          "2br": 1249,
          "3br": 1829,
          "4br": 3113
        },
        "single_family": {
          "1br": 1024,
          "2br": 1636,
          "3br": 1914,
          "4br": 2162
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 933,
          "2br": 1213,
          "3br": 1761,
          "4br": 3021
        },
        "condo_townhome": {
          "1br": 1093,
          "2br": 1334,
          "3br": 1923,
          "4br": 3089
        },
        "single_family": {
          "1br": 1208,
          "2br": 1675,
          "3br": 1831,
          "4br": 2208
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 980,
          "2br": 1181,
          "3br": 1874,
          "4br": 2996
        },
        "condo_townhome": {
          "1br": 1104,
          "2br": 1376,
          "3br": 1885,
          "4br": 3120
        },
        "single_family": {
          "1br": 1222,
          "2br": 1675,
          "3br": 1838,
          "4br": 2177
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1001,
          "2br": 1210,
          "3br": 1892,
          "4br": 2996
        },
        "condo_townhome": {
          "1br": 1140,
          "2br": 1367,
          "3br": 1895,
          "4br": 3144
        },
        "single_family": {
          "1br": 1259,
          "2br": 1735,
          "3br": 1885,
          "4br": 2267
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1016,
          "2br": 1219,
          "3br": 1882,
          "4br": 2888
        },
        "condo_townhome": {
          "1br": 1103,
          "2br": 1314,
          "3br": 1906,
          "4br": 3075
        },
        "single_family": {
          "1br": 1285,
          "2br": 1677,
          "3br": 1955,
          "4br": 2299
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1025,
          "2br": 1222,
          "3br": 1917,
          "4br": 2871
        },
        "condo_townhome": {
          "1br": 1143,
          "2br": 1351,
          "3br": 1933,
          "4br": 3094
        },
        "single_family": {
          "1br": 1317,
          "2br": 1686,
          "3br": 1934,
          "4br": 2309
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1032,
          "2br": 1237,
          "3br": 1944,
          "4br": 2898
        },
        "condo_townhome": {
          "1br": 1144,
          "2br": 1347,
          "3br": 1927,
          "4br": 3099
        },
        "single_family": {
          "1br": 1322,
          "2br": 1724,
          "3br": 1956,
          "4br": 2268
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1036,
          "2br": 1273,
          "3br": 1955,
          "4br": 2846
        },
        "condo_townhome": {
          "1br": 1149,
          "2br": 1375,
          "3br": 1941,
          "4br": 3118
        },
        "single_family": {
          "1br": 1336,
          "2br": 1802,
          "3br": 1933,
          "4br": 2274
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1009,
          "2br": 1252,
          "3br": 1914,
          "4br": 2898
        },
        "condo_townhome": {
          "1br": 1160,
          "2br": 1376,
          "3br": 1830,
          "4br": 3125
        },
        "single_family": {
          "1br": 1354,
          "2br": 1714,
          "3br": 1928,
          "4br": 2278
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 998,
          "2br": 1259,
          "3br": 1913,
          "4br": 2893
        },
        "condo_townhome": {
          "1br": 1179,
          "2br": 1435,
          "3br": 1937,
          "4br": 3109
        },
        "single_family": {
          "1br": 1345,
          "2br": 1745,
          "3br": 2030,
          "4br": 2266
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1019,
          "2br": 1220,
          "3br": 1892,
          "4br": 2907
        },
        "condo_townhome": {
          "1br": 1194,
          "2br": 1354,
          "3br": 1903,
          "4br": 3093
        },
        "single_family": {
          "1br": 1366,
          "2br": 1676,
          "3br": 1988,
          "4br": 2251
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 987,
          "2br": 1241,
          "3br": 1889,
          "4br": 2896
        },
        "condo_townhome": {
          "1br": 1169,
          "2br": 1352,
          "3br": 1855,
          "4br": 3057
        },
        "single_family": {
          "1br": 1367,
          "2br": 1672,
          "3br": 1895,
          "4br": 2262
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/encanto-palmcroft-az/",
    "self": "https://data.estaite.com/feeds/encanto-palmcroft-az.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}