Rent Based More on Square Footage or Bedrooms

[Matt Dickens]

Hello All,

I am a new investor in Arizona looking specifically at Chandler currently. I have been doing a lot of rental analyzation, and I seem to see a large fluctuation in rents for the same type of property i.e. 3 Bed 2 Bath. However, when I was speaking with a realtor recently, he told me that rents weren't that dependent on square footage, and most of the same type of property goes for the same rent, regardless of square footage. When calculating potential rent, should I factor number of bedrooms and bathrooms more than square footage?

Thanks!