What is the duration of a typical residential lease in Arizona?

The duration of a typical residential lease in Arizona varies widely and can range from month-to-month agreements to leases that extend for a year or even longer. This flexibility accommodates different tenant needs and landlord preferences. A month-to-month lease allows tenants to rent on a more short-term basis, providing them with the freedom to terminate the lease with proper notice. On the other hand, long-term leases, often lasting a year, can provide stability for tenants and security for landlords regarding occupancy and rental income.

In light of this, the other options specify fixed durations that do not reflect the common variety seen in practice. While some tenants may choose specific lease lengths, the reality is that the residential leasing market in Arizona supports a broad spectrum of lease terms, making the second option the most representative of actual leasing practices in the state.