Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Just curious to know what the average rent amount, percentage wise, for lease renewal is? I heard it can fluctuat quite a bit. However, is there an average? Not sure if it matters, but I live in AZ. Thanks.
It would have to be the average for the town you live in. What % I use in Central Oregon isn't going to have anything to do with rents in Arizona.
You want me to guess, though? I would guess it is somewhere between 0% and 80%, depending upon which landlord you are renting from and how far below market rate your unit is.
It would have to be the average for the town you live in. What % I use in Central Oregon isn't going to have anything to do with rents in Arizona.
You want me to guess, though? I would guess it is somewhere between 0% and 80%, depending upon which landlord you are renting from and how far below market rate your unit is.
Hmmm. OK. Well that makes sense. My lease isn't up for a while yet, but just was curious. I know that before I rented this house, it sat empty for nearly a year, and this is why they agreed upon a three year lease. I expect the rent to increase when our lease is up, but I am hoping they don't jack it up too high, and then keep in mind that this place may once again stay vacant for another year if they decide to up it too much and we move.
Phoenix rents rise 5.6 percent in year, top U.S. average
Found on AZCentral.com.
The Arizona housing boom is starting all over again.
Now if you live in Payson, Ajo, Eager, Springerville, Prescott, Kingman, Bullhead City or anywhere else it all varies with local supply and demand.
Much depends on the management company also. Give them a call and ask.
Awesome. Thank you
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
