Deer Valley is an area in High Demand for rentals and also home owners which is good for resale. Homes rent faster and for more than many areas of Phoenix. Based on MLS data, in Deer Valley, the average rent rate over the past year is $1430 average with an average of 30 days on market. Compared to the overall numbers of greater Phoenix of $1376 with 38 days on market. I also live in the Deer Valley area and very much like it. Lots of near by amenities and fairly close to the I-17, 101 and 303 freeways to get around quickly. As a real estate agent and property manager I like renting homes in the Deer Valley area as the area tends to attract good quality tenants.