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With 504,258 residents, Mesa is the third-most populous city in Arizona. It is located in Maricopa County. Mesa is home to colleges and universities such as Mesa Community College and Arizona State University’s Polytechnic campus. It is also known for its excellent public schools.
There are many cultural attractions in Mesa alone. These include the Mesa Arts Center, the Mesa Amphitheater, and the Mesa Grande Ruins. There are also a number of museums in the city, such as the Mesa Historical Museum, the Arizona Museum of Natural History, and the i.d.e.a. Museum. In terms of outdoor recreation, popular destinations include Sloan Park, HoHoKam Park, Golfland Sunsplash, and the Park of the Canals.
Additionally, residents enjoy great weather, a diverse community, and an easy commute. Mesa also boasts a vibrant nightlife scene as well as good housing and job opportunities. All this and more make Mesa a wonderful place to reside.
In Mesa, the median listing price for a home is $390,000. Though, home prices can go from as low as $1,400 to $5.8 million. Property investors see a lot of opportunity in Mesa because of its fairly affordable homes and decent renter population. In fact, out of the city’s population, 38.9% are renters.
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Furthermore, Mesa boasts a high rental rate, allowing landlords to earn more rental income. In this city, the average rent for an apartment is $1,383. This is a 22% increase from the previous year, signaling a positive change in rent for rental property owners. While only 4% of apartments command a rate above $2,000, a majority of apartments do fall between the $1,001 and $2,000 range.
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Beyond that, Arizona is known to be a landlord-friendly state. Its laws allow landlords to terminate a lease in one of several ways and have very low tolerance for tenants who don’t pay rent.
There are several rental properties in Mesa, whether they are townhomes, apartments, condos, or single-family homes. As such, there is also a high demand for property managers. Landlords normally have insufficient time or expertise to manage their own rental properties. Meanwhile, other landlords lack interest, have too many properties to juggle or live far away.
This is where a Mesa rental management company can help. With professional assistance, landlords no longer need to shoulder the burden of their responsibilities. They can delegate most of their tasks to an experienced manager while still earning rental income. Here are just some of the services you can expect from a rental management company:
If you are in need of professional rental management in Mesa, Rental Choice is the first place you should check. We have a comprehensive online directory of established and reliable property management companies. Search by location and narrow down your options with our help today.