Below is a graph of the Tucson Rental Market statistics of homes currently active compared to the number of homes that were rented From April 1 to May 5 2015:
This is a fairly good indicator as to why rents are remaining the same or lower - the numbers indicate only 15% of homes on the market are being rented - making the market very competitive for landlords.
Landlords and owners take note when pricing your rentals - especially during the summer months when the college students leave - more rentals will be back on the market - provide a good rental home, price it right, hire a good property manager if you are not having success and always screen your tenants!
This blog is written with my opinions and my opinions are presented with accuracy but not guarantees. Please talk to a professional before making any real estate, financial or agency decisions. Gabrielle Kamahele Rhind - 2014. If you want to reprint parts of this - just email me for my permission: KGCProperties@gmail.com .