PHOENIX — Winter visitors to Arizona should have little trouble finding a place to live, a local home rental service said.
Winter visitors have a double-dose of good news this year: rent prices have stayed relatively stable for a couple of years and there are plenty of places available.
Donovan Reese with Renters Warehouse in Phoenix said home prices continue to climb but rental costs have remained the same with a few exceptions.
“Prices are coming up a little bit in Chandler, Gilbert and Scottsdale,” he said. “Outlying areas are seeing a drop in rental rates.” He added there are plenty of furnished condos for long-term rental.
Valley economist Jim Rounds said there is no shortage of rental homes available, both single-family and multifamily.
Reese said many of the investors who snatched up foreclosed homes are ready to put them back on the market; not to sell, but to rent.
- Workers comp: Signs your co-worker could be a fraud
- Who's the real founder of America's pastime?
- Epidemic rising? What you need to know about Alzheimer's in Arizona
- 5 unforgettable Wooden Award winners
- Family and hard work are keys to success of modern dairy farmers
- Genetic testing could hold answers for colon cancer survival
- Cold beers and baseball: A beer lover's guide to Spring Training
- Telecommuting: 5 tips to make it work for employers and employees
- See how top CFOs feel about economic growth in the Valley
- Migraine myths that keep patients from effective treatments
- Here’s why Gaydos went tankless with his water heater
- Bocce ball and basketball: How you can help Arizona's Special Olympics athletes
- Tips on building the best wine room in Arizona
- Avoid the nightmare: 6 tips to choose a great contractor
- Breast cancer: Improved testing and treatments means more survivors
- Failed back surgery: New hope for patients living in pain
- Ticking time bombs: Telltale signs your water heater is about to explode
- Reading glasses could be a thing of the past
- 6 cool ways teachers are using technology in the classroom
- Emerging tech jobs in Phoenix and how to get one in 2017
- 4 top treatments athletes use for pain
- Emergency! What to do when bathrooms flood
- Arizona kids in crisis: How you can help
- New treatment offers hope for migraine sufferers
- 11 stadiums to watch your favorite football team
- Shopping for a TV? Best models for 2016
- Avoid this holiday plumbing disaster in your home
- 7 tips to avoid holiday weight gain
- New treatments mean better prostate cancer survival rates
- 5 of the scariest things found in drains