Camelback Corridor (trophy, ~$42/sqft/yr) is one of 5 Phoenix Class A submarkets we track.

  • Camelback Corridor sits at trophy tier.
  • Average rent $42/sqft/yr vs city average 34.
  • Compared submarkets: Tempe / Town Lake (trophy), Downtown Phoenix (prime), Chandler / Gilbert (prime).

Camelback Corridor vs other Phoenix submarkets

Camelback Corridor (trophy, ~$42/sqft/yr) is one of 5 Phoenix Class A submarkets we track.

TL;DR

  • Camelback Corridor sits at trophy tier.
  • Average rent $42/sqft/yr vs city average 34.
  • Compared submarkets: Tempe / Town Lake (trophy), Downtown Phoenix (prime), Chandler / Gilbert (prime).

Side-by-side with peers

**Tempe / Town Lake** (trophy, $44/sqft/yr) — Mid-rise Class A frontier on the lake. **Downtown Phoenix** (prime, $32/sqft/yr) — Repositioned legacy CBD. **Chandler / Gilbert** (prime, $30/sqft/yr) — Suburban tech and semiconductor corridor. **Scottsdale** (prime, $40/sqft/yr) — Premium suburban Class A market.

Key facts

cityPhoenix
submarketCamelback Corridor
tiertrophy
averageRentLocal$42/sqft/yr
cityClassARentUsd$34/sqft/yr
cityVacancyPct23.4%

Frequently asked questions

What other submarkets compete with Camelback Corridor in Phoenix?
Tempe / Town Lake, Downtown Phoenix, Chandler / Gilbert

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

Full sources index · Submit a correction

Related topics