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Old 08-24-2015, 01:50 PM
 
848 posts, read 967,940 times
Reputation: 1346

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Looking to buy in a few years, but we still have to rent in the meantime. There are a ton of great houses for sale at strangely reasonable prices for what you get throughout Chandler, but when it comes to equivalent SFH rentals ($1500-$1600 or less) the pickings seem to be extremely rare. The selling prices are great and reasonable, but the rental prices seem way out of whack. What gives?
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Old 08-24-2015, 03:13 PM
 
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The rental market is still hot here. Tons of people move in the area from elsewhere and most rent to get themselves started. Add in that there is still a good segment of the population who went through a foreclosure or short sale and can't buy yet and you get the rental prices we have here.

I agree, the rental pricing is very high but they ask it and they get it. So there's not a need for the rents to be lower.
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Old 08-24-2015, 06:43 PM
 
848 posts, read 967,940 times
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Well I guess we may be forced to live in yet another apartment (which we are tired of - we've done that our entire lives). Only problem is that most Chandler apartments, while nicely new, are kind of insultingly small given the number of rooms and price. But again, demand I guess, like you said.
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Old 08-25-2015, 05:25 PM
 
Location: In the hot spot!
3,941 posts, read 6,727,785 times
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Don't give up so quickly. I live in Chandler and there are homes for rent that are less than $14-$1,500 per month.
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Old 08-25-2015, 07:36 PM
 
848 posts, read 967,940 times
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Well there's nothing to give up on yet, we still have 7 months on our apartment lease. We've just been scoping things out to see what it's like. Get some ideas of what we can get, how much things are, etc. so that we are good to go when it comes time to search in earnest.

We are currently using zillow to find house rentals because redfin and the others don't seem to have such a feature and craigslist, while a good source (for me, historically, but only for housing), doesn't quite have the search and map capabilities that an actual real estate / full blown website has. Definitely open to more rental search sources than just Zillow.

As for less than $1400-1500, we are looking for at least 3 bedrooms, and generally south of the 202 (really loving the area south of 202, east of Price, west-but-also-slightly-east of Arizona Ave). Seems like slim pickings though! But like I said, there's plenty of time between now and then.
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Old 08-25-2015, 08:09 PM
 
Location: In the hot spot!
3,941 posts, read 6,727,785 times
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Hmmm, that is a nice, popular area. Zillow is good and padmapper.com may also be another resource you can use.
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Old 08-25-2015, 08:47 PM
 
Location: USA
31,068 posts, read 22,086,243 times
Reputation: 19091
Quote:
Originally Posted by PhoenixSomeday View Post
Looking to buy in a few years, but we still have to rent in the meantime. There are a ton of great houses for sale at strangely reasonable prices for what you get throughout Chandler, but when it comes to equivalent SFH rentals ($1500-$1600 or less) the pickings seem to be extremely rare. The selling prices are great and reasonable, but the rental prices seem way out of whack. What gives?
I believe that most of the land lords, myself included at one time, bought fairly high and therefore have the rent priced high. Of course those that own their rentals outright are making a lot.
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Old 08-26-2015, 09:04 AM
 
Location: Texas
2,847 posts, read 2,518,315 times
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Quote:
Originally Posted by PhoenixSomeday View Post
Well I guess we may be forced to live in yet another apartment (which we are tired of - we've done that our entire lives). Only problem is that most Chandler apartments, while nicely new, are kind of insultingly small given the number of rooms and price. But again, demand I guess, like you said.

try this, you can tweak the web site for $, then by property type to rentals, after several searches you will have to sign in, you can drag the map around and see every rental in the valley


dsSearchAgent :: Mapping IDX Solution
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Old 08-26-2015, 12:22 PM
 
Location: Chandler, AZ
4,071 posts, read 5,148,805 times
Reputation: 6169
For that area figure $1 per sqft. More if it has a pool.
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