{
  "schema_version": "1.0",
  "submarket": {
    "slug": "north-phoenix-norterra-az",
    "name": "North Phoenix / Norterra",
    "state": "AZ",
    "city": "PHOENIX",
    "cbsa": "Phoenix-Mesa-Chandler",
    "zip_codes": [
      "85085",
      "85086"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:52:05.580Z",
    "last_updated_at": "2026-06-02T13:18:42.372Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1401,
        "low": 1345,
        "high": 1457,
        "mom_pct": -1.6885599999999998,
        "yoy_pct": -5.661653333333333
      },
      "2br": {
        "median": 1707,
        "low": 1621,
        "high": 1792,
        "mom_pct": -7.804609571788411,
        "yoy_pct": -7.0214357682619655
      },
      "3br": {
        "median": 2179,
        "low": 2070,
        "high": 2288,
        "mom_pct": -5.904803149606299,
        "yoy_pct": -5.527086614173228
      },
      "4br": {
        "median": 3164,
        "low": 3088,
        "high": 3306,
        "mom_pct": 0.4743478260869565,
        "yoy_pct": 0.22913043478260867
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1494,
        "low": 1471,
        "high": 1516,
        "mom_pct": -0.1890909090909091,
        "yoy_pct": -2.2818181818181817
      },
      "2br": {
        "median": 1846,
        "low": 1800,
        "high": 1892,
        "mom_pct": 2.610555555555555,
        "yoy_pct": -1.0455555555555556
      },
      "3br": {
        "median": 2283,
        "low": 2226,
        "high": 2340,
        "mom_pct": 0.24461538461538465,
        "yoy_pct": -1.8807692307692307
      },
      "4br": {
        "median": 3072,
        "low": 2959,
        "high": 3186,
        "mom_pct": -2.55,
        "yoy_pct": -4.425
      }
    },
    "single_family": {
      "1br": {
        "median": 1668,
        "low": 1609,
        "high": 1726,
        "mom_pct": -7.383571428571429,
        "yoy_pct": -7.176428571428572
      },
      "2br": {
        "median": 2085,
        "low": 2018,
        "high": 2151,
        "mom_pct": -5.63,
        "yoy_pct": -5.042
      },
      "3br": {
        "median": 2381,
        "low": 2286,
        "high": 2477,
        "mom_pct": 7.731463414634146,
        "yoy_pct": 2.478780487804878
      },
      "4br": {
        "median": 2681,
        "low": 2561,
        "high": 2802,
        "mom_pct": 5.596808510638298,
        "yoy_pct": 0.07106382978723397
      }
    }
  },
  "vacancy": 3.5389,
  "days_on_market": {
    "apartment": 38,
    "condo_townhome": 31,
    "single_family": 28
  },
  "ai_summary": [
    {
      "headline": "2BR apartment rents drop 7.8% MoM",
      "body": "In the North Phoenix / Norterra (85085, 85086) rental market, 2-bedroom apartments fell 7.8% month-over-month to $1,707 in April. Year-over-year, this segment declined 7.0%, underscoring pressure on midsize apartment rents within North Phoenix / Norterra (85085, 85086)."
    },
    {
      "headline": "3BR single-family homes rise 7.7% MoM",
      "body": "While apartment segments declined, 3-bedroom single-family homes in North Phoenix / Norterra (85085, 85086) saw the strongest monthly increase at 7.7%, reaching a median rent of $2,381. This outperformed 3-bedroom condos, which grew just 0.24% MoM—a difference of 7.46 percentage points between segments."
    },
    {
      "headline": "4BR condos trail apartments by $92",
      "body": "The data reveal that North Phoenix / Norterra (85085, 85086) rental trends show 4-bedroom condos and townhomes, with a median rent of $3,072, trail 4-bedroom apartments at $3,164—a gap of $92. Notably, only apartment rents in this segment recorded a MoM increase of 0.47%."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in North Phoenix / Norterra, AZ range from $1,401 to $3,164 per month depending on property type and bedroom count.",
      "The biggest year-over-year decline was for 2BR apartments, which dropped 7.02% in North Phoenix / Norterra, AZ.",
      "For 4BR units, apartments have a higher median rent at $3,164 compared to single-family homes at $2,681."
    ],
    "qa": [
      {
        "question": "What is the current rent range in North Phoenix / Norterra, AZ?",
        "answer": "As of April 2026, rents in North Phoenix / Norterra, AZ span from $1,401 for 1BR apartments up to $3,164 for 4BR apartments."
      },
      {
        "question": "In North Phoenix / Norterra, AZ, which bedroom count shows one property type dramatically outperforms others?",
        "answer": "For 4BR rentals, apartments lead with a median rent of $3,164, which is $483 higher than single-family homes at $2,681, and $92 higher than condo/townhomes at $3,072."
      },
      {
        "question": "How much more do single-family homes cost compared to apartments for the same bedroom count in North Phoenix / Norterra, AZ?",
        "answer": "Single-family homes have higher rents than apartments for 1BR ($1,668 vs $1,401), 2BR ($2,085 vs $1,707), and 3BR ($2,381 vs $2,179), but for 4BR, apartments surpass single-family homes at $3,164 versus $2,681."
      },
      {
        "question": "Which segment experienced the largest year-over-year rent decline in North Phoenix / Norterra, AZ, and was it broad or limited?",
        "answer": "The biggest annual drop was among 2BR apartments, with rents falling 7.02% year-over-year in April 2026; the decline is broad, as all apartment bedroom counts saw YoY decreases."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1401,
          "2br": 1707,
          "3br": 2179,
          "4br": 3164
        },
        "condo_townhome": {
          "1br": 1494,
          "2br": 1846,
          "3br": 2283,
          "4br": 3072
        },
        "single_family": {
          "1br": 1668,
          "2br": 2085,
          "3br": 2381,
          "4br": 2681
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1427,
          "2br": 1850,
          "3br": 2320,
          "4br": 3145
        },
        "condo_townhome": {
          "1br": 1492,
          "2br": 1796,
          "3br": 2249,
          "4br": 3154
        },
        "single_family": {
          "1br": 1811,
          "2br": 2215,
          "3br": 2195,
          "4br": 2466
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1452,
          "2br": 1809,
          "3br": 2274,
          "4br": 3192
        },
        "condo_townhome": {
          "1br": 1511,
          "2br": 1824,
          "3br": 2215,
          "4br": 3168
        },
        "single_family": {
          "1br": 1805,
          "2br": 2220,
          "3br": 2196,
          "4br": 2475
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1452,
          "2br": 1755,
          "3br": 2265,
          "4br": 3232
        },
        "condo_townhome": {
          "1br": 1501,
          "2br": 1825,
          "3br": 2290,
          "4br": 3193
        },
        "single_family": {
          "1br": 1832,
          "2br": 2262,
          "3br": 2318,
          "4br": 2592
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1507,
          "2br": 1749,
          "3br": 2267,
          "4br": 3299
        },
        "condo_townhome": {
          "1br": 1513,
          "2br": 1788,
          "3br": 2266,
          "4br": 3202
        },
        "single_family": {
          "1br": 1834,
          "2br": 2277,
          "3br": 2320,
          "4br": 2602
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1499,
          "2br": 1799,
          "3br": 2270,
          "4br": 3309
        },
        "condo_townhome": {
          "1br": 1529,
          "2br": 1846,
          "3br": 2312,
          "4br": 3223
        },
        "single_family": {
          "1br": 1831,
          "2br": 2287,
          "3br": 2345,
          "4br": 2635
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1455,
          "2br": 1823,
          "3br": 2266,
          "4br": 3285
        },
        "condo_townhome": {
          "1br": 1533,
          "2br": 1855,
          "3br": 2302,
          "4br": 3231
        },
        "single_family": {
          "1br": 1848,
          "2br": 2270,
          "3br": 2361,
          "4br": 2678
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1447,
          "2br": 1801,
          "3br": 2254,
          "4br": 3263
        },
        "condo_townhome": {
          "1br": 1537,
          "2br": 1869,
          "3br": 2267,
          "4br": 3241
        },
        "single_family": {
          "1br": 1847,
          "2br": 2298,
          "3br": 2341,
          "4br": 2725
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1440,
          "2br": 1783,
          "3br": 2290,
          "4br": 3242
        },
        "condo_townhome": {
          "1br": 1523,
          "2br": 1855,
          "3br": 2296,
          "4br": 3253
        },
        "single_family": {
          "1br": 1880,
          "2br": 2279,
          "3br": 2381,
          "4br": 2741
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1454,
          "2br": 1755,
          "3br": 2257,
          "4br": 3214
        },
        "condo_townhome": {
          "1br": 1545,
          "2br": 1833,
          "3br": 2272,
          "4br": 3259
        },
        "single_family": {
          "1br": 1847,
          "2br": 2257,
          "3br": 2376,
          "4br": 2751
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1465,
          "2br": 1817,
          "3br": 2268,
          "4br": 3210
        },
        "condo_townhome": {
          "1br": 1541,
          "2br": 1850,
          "3br": 2290,
          "4br": 3255
        },
        "single_family": {
          "1br": 1842,
          "2br": 2250,
          "3br": 2361,
          "4br": 2738
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1461,
          "2br": 1797,
          "3br": 2267,
          "4br": 3180
        },
        "condo_townhome": {
          "1br": 1527,
          "2br": 1876,
          "3br": 2320,
          "4br": 3232
        },
        "single_family": {
          "1br": 1810,
          "2br": 2201,
          "3br": 2311,
          "4br": 2711
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/north-phoenix-norterra-az/",
    "self": "https://data.estaite.com/feeds/north-phoenix-norterra-az.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}