Rental Basics in Phoenix>Question Details

Victoria, Home Buyer in Phoenix, AZ

can I get data for the rental market in Phoenix,, scottsdale and the valleys for single family homes( ? I

Asked by Victoria, Phoenix, AZ Sat Jun 6, 2009

need the vacancy, rental rates (or avarages, rental close ( both by owner and realtor) where is the best place where properties are easy to rent?

Help the community by answering this question:

Answers

5
Victoria,

I would visit with an agent that specializes in property management for the area you want stats on. They should easily be able to compile this data for you.

Good luck
0 votes Thank Flag Link Sat Mar 20, 2010
Victoria,

You can get vacancy rates, prevailing rents and other demographics info by running a city report at: http://www.PhoenixBankOwned.com . For all your management needs, contact http://www.AzRentalHomes.com . Feel free to contact web@azbol.com with specific questions.
Web Reference: http://www.ISellShort.com
0 votes Thank Flag Link Sat Mar 20, 2010
Victoria,

Rental data like this is hard to come by on the sub metro level. It is likely you would need to talk to a local pro who can do the manual leg-work to harvest available data from MLS, craigslist, experience etc.

That said you can see some high level housing and rental stats and charts for Phoenix vs. other nearby cities here: http://www.managemyproperty.com/find/arizona/phoenix-propert…
0 votes Thank Flag Link Sat Mar 13, 2010
Hi Victoria-

Accurate data regarding the Phoenix area rental market is difficult to find. MLS has perhaps only half of the total homes for rent across the valley listed within it, at least until you get to the higher priced rentals. Craigslist has a higher percentage, however it's not a database, so it's difficult to know the status of what leased, for how much, and how long it took. Plus, there is a lot of duplication in craigslist.

All of that said, in my experience as a property manager/leasing agent over the last 5 years, the rental market right now is pretty good. Homes are renting for about their historic norms and when marketed properly are renting in around 30 days. Newer homes are still renting faster than older homes, when an area offers a choice. Condition matters greatly. Move-in ready condition being very, very important.

To get more specific with you, I'd need to know more about what type of investment you are thinking about. Feel free to contact me if you want to chat in more depth.
0 votes Thank Flag Link Mon Jun 8, 2009
http://www.cromfordreport.com

Ask for Mike Orr...He is the most knowledgable person about Phoenix Market Residential Market..Hands down!
0 votes Thank Flag Link Sat Jun 6, 2009
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer