If you are finding it more difficult to find and get your rental application accepted even when you meet the minimum rental requirements multiple factors are working against you. First the number of homes for rent in the Arizona Regional Multiple Listing Service is down, rental prices are up and competition from other potential renters is placing you in a position of facing other applicants that may have stronger credit scores, income and job stability, and past rental or mortgage payment history.
To Read about basic guidelines go to: Rental Information and Guidelines
2020 Rental Statistics 2020
Rental Inventory has continued to lag demand of consumers seeking rentals. Prices have increased dramatically and market time from day of listing to closed rental has declined. If you are working with a licensed real estate agent and REALTOR® who pays for membership in the Arizona Regional MLS system we can setup a custom search for homes matching your criteria and send alerts as soon as new rental opportunities become available. It is crucial that you have the ability to apply quickly for a new rental home with the help of your agent. Also, be prepared you may need to apply multiple times before getting accepted to rent a home.
ARMLS August 2020 published September 16, 2020
Median Lease $: $ 1,743
Average Lease $: $ 1,937
Avg. Days on Market: 25
ARMLS January 2020 published February 19, 2020 Feb , 2020
Median Lease $: $ 1,550
Average Lease $: $ 1,742
Avg. Days on Market: 34
*ARMLS Information includes Single Family Homes, Townhomes, Condos, Patio and Gemini Homes. Does not include apartment complexes, which are usually handled by individual property management firms
Renting With Pets
If you have pets this adds an additional issue for renters. Roughly 67% of households own pets. 63.4% own Dogs and 42.7% own Cats. *
Some Landlords don’t allow any pets. However, a larger number will consider pets with restrictions. Cats may not be allowed at all or only fixed female cats and sometimes fixed male cats. There may also be age requirements.
Certain dog breeds may be completely be restricted frequently by large property management firms that don’t have the higher insurance liability coverage needed to cover them, even if the owner would consider them and pay a higher insurance premium to cover. Tenants will frequently need additional pet insurance to cover potential liability if their application is accepted. Again there may be age restrictions as well.
Some places only allow small dogs and the definition of “small” my range from 20 pounds, 30 to 40 pounds.
Common dog breeds including mixed/mutts that contain some of the same breed that are often not allowed:
- Alaskan Malamutes
- Cane Corso
- Doberman Pinschers
- German Shepherds
- Great Danes
- Pit bulls
- Siberian Huskies
- Wolf Hybrids
The problem is each rental may have different rules that makes finding your next rental a challenge. Your application can be declined even if you meet all the rental qualification guidelines, but you pet does not.
Unfortunately, the Arizona Regional MLS doesn’t have a category that specifies acceptable pets, only that they will be considered. Sometimes the information will be mentioned in private remarks that only real estate agents can see. More often your agent will need to research and contact the listing agent directly to discover what is will be considered. Even this doesn’t guarantee acceptance of your pet since the final decision will be the owners and other applications may have pets they prefer to accept.
If you have questions regarding rentals or would like my help please let me know.