Market Intelligence Platform

The Crawford
Report

Professional-grade market data for assisted living investors. The Crawford ALF Index™ measures supply vs. demand across 20 major US metros — giving you the signal to buy, hold, or sell.

Updated Q1 2026
20 Metro Areas
17,929+ Facilities • 258,070+ Beds

Crawford ALF Index™

Phoenix, AZ

0.62
Undersupplied

Supply Score ÷ Demand Score. Below 0.80 = undersupplied (buy signal). Above 1.20 = oversupplied (caution).

Licensed Beds18,4201,247 homes • 144 centers
Avg Cap Rate12.5%Range: 8.5% – 16%
Avg $/Bed$79K$285/SF avg
Avg Monthly Rate$5K$58K/yr per resident
Occupancy94%28 facilities for sale
65+ Population822,000+3.5% growth/yr

Year-over-Year Trends

Rates
+4.2%
Prices
+8.5%
Cap Rates
-0.3%
Occupancy
+1.8%

Market Rank

#4of 20 markets

Ranked by investment opportunity (lowest index = most undersupplied)

Supply Snapshot

For Sale28 facilities
Months of Supply3.8
New Construction4
Recent Closures12

Demand Snapshot

Beds / 1K Seniors22.4
Avg Occupancy94%
65+ Growth Rate+3.5%/yr
Median Income 65+$43K

Top Investment Opportunities

1
ScottsdaleAZ
0.55
2
Las VegasNV
0.58
3
Raleigh-DurhamNC
0.60
4
PhoenixAZ
0.62
5
CharlotteNC
0.65
6
HoustonTX
0.68
7
AtlantaGA
0.70
8
AustinTX
0.72
All Markets

Market Comparison

Compare Crawford ALF Index, cap rates, pricing, and occupancy across all tracked metros.

MetroIndexStatusCap Rate$/BedMo. RateOccupancyFacilities65+ Growth
ScottsdaleAZ0.55
Under
9.8%$114K$6K96%142+3.2%
Las VegasNV0.58
Under
11.8%$82K$5K96%211+4.2%
Raleigh-DurhamNC0.60
Under
11.8%$76K$5K95%385+4.5%
PhoenixAZ0.62
Under
12.5%$79K$5K94%1,391+3.5%
CharlotteNC0.65
Under
12.5%$72K$5K95%480+4.2%
HoustonTX0.68
Under
13.8%$65K$4K95%980+3.6%
AtlantaGA0.70
Under
12.2%$71K$5K94%890+3.4%
AustinTX0.72
Under
11.2%$85K$5K94%420+4.8%
San AntonioTX0.74
Under
14.2%$62K$4K93%580+3.5%
NashvilleTN0.75
Under
12%$74K$5K93%540+3.8%
TucsonAZ0.78
Under
13.5%$62K$4K91%320+2.4%
Dallas-Fort WorthTX0.82
Balanced
13.1%$68K$4K93%1,420+3.8%
SeattleWA0.85
Balanced
9.2%$105K$6K93%720+2.8%
San DiegoCA0.88
Balanced
8.8%$108K$6K92%980+2.5%
DenverCO0.90
Balanced
9.8%$92K$6K92%620+2.9%
Los AngelesCA0.95
Balanced
8.2%$125K$7K91%3,150+2.1%
OrlandoFL1.05
Balanced
11.2%$70K$5K91%680+3.1%
MiamiFL1.12
Balanced
9.5%$95K$6K90%890+2.2%
ChicagoIL1.18
Balanced
10.8%$68K$5K89%1,850+1.5%
Tampa BayFL1.35
Over
10.5%$72K$5K88%1,280+2.8%

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