Arizona is seeing a sharp rise in renters reporting on-time payments to credit bureaus, a tool that can help renters build or repair credit on the path to homeownership. Nearly 125,000 renters participated in 2024 — a 465% jump since 2020 — driven partly by new apartment construction that offers the service. Advocates say rent reporting boosts financial mobility, though some consumer groups warn that including missed payments could harm vulnerable renters.
