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Updated about 4 years ago on . Most recent reply

User Stats

215
Posts
156
Votes
Andrew McGuire
  • Real Estate Agent
  • Chandler, AZ
156
Votes |
215
Posts

East Valley Rental Rates

Andrew McGuire
  • Real Estate Agent
  • Chandler, AZ
Posted

Phoenix Investors, 

As fast as prices are rising it appears market rents are rising even faster, here is what I see for the East Valley throwing out any major outliers on the low or high side. Most cities were consistent outside of Scottsdale which has several outliers on the high side, I'm guessing do to the demand in luxury rentals. 

From a deal analysis it is getting tough to make much work unless adding units, AirBnb or co-living all of which I am doing. 

What are you guys & gals Seeing? 

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