The most current Rent Check Report by ARMLS notes that the monthly rental statistics for the Phoenix Metrol Area are strong. In comparison to July, 2012 the number of closed rental units is up 18%. There were 22,039 from Jan-July, 2012 and 25,922 Jan-July, 2013. The rental market is averaging 3703 closed units per month to date. That 17% above the average last year. Median Lease rates are up currently $1100/month. Average Lease is $1276/month. Average Days on the Market is 38 days. What I'm seeing in the West Valley current rental market is very little opportunity to negotiate a lease amount unless the rental is in pretty bad shape and has been on the market over the norm in less desirable locations. The clean rentals go fast and rental rates have increased significantly in high demand areas in the West Valley. A lot of people are renting in the communities they wish to buy a home in at a later date. They may have come out of a BK, foreclosure and/or short sale and still in the waiting period to qualify for a loan to purchase again. It's getting tougher to find really clean rentals with front and back yard landscaping (not dirt and rocks), upgrades and refrigerator, washer and dryer included. Most that are clean get top dollar and multiple applications in the right locations.