Oro Valley, Arizona Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Oro Valley, Arizona rental market.

Oro Valley, Arizona

Average Apartment Rent

$1,456

Y-o-Y Change in Average
Apartment Rent

-1.3%

As of March 2026

Compared to a year ago, Oro Valley, Arizona apartments have recorded a -1.3% rent decrease.

Oro Valley, Arizona Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Oro Valley $1,535 $1,553 $1,525 $1,529 $1,490 $1,479 $1,487 $1,432 $1,456
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Oro Valley
National
Jul 2023
$1,535
$1,735
Nov 2023
$1,553
$1,724
Mar 2024
$1,525
$1,729
Jul 2024
$1,529
$1,750
Nov 2024
$1,490
$1,743
Mar 2025
$1,479
$1,749
Jul 2025
$1,487
$1,763
Nov 2025
$1,432
$1,749
Mar 2026
$1,456
$1,750

Oro Valley, Arizona Average Apartment Rent

Oro Valley, Arizona Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 47.71%, apartments priced $1,000 - $1,500 represent the bulk of Oro Valley, Arizona rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 1.17%.

Oro Valley, Arizona Housing tenure**

Renter occupied housing units 4,899
Owner occupied housing units 16,120

Renters take up 23% of Oro Valley, Arizona real estate, occupying a total of 4,899 units, while homeowners live in 16,120 properties.

Median number of rooms of renter-occupied housing units**

4

Renter median household income**

$65,285

Average household size of renter-occupied housing units**

1.9

Rental vacancy rate**

6.5%

Oro Valley, Arizona Renter-occupied housing units by no. of bedrooms**

No bedrooms 115
1 bed 1,399
2 beds 2,136
3 beds 943
4 beds 195
5 or more beds 111

There are 2,136 rentals in Oro Valley, Arizona with 2 beds making up the highest share of the market, at 44%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 111 units. Overall, the median number of rooms in Oro Valley, Arizona homes for rent is 4.

Oro Valley, Arizona Renter-occupied units by age of householder**

15 - 24 years 485
25 - 34 years 1,076
35 - 44 years 747
45 - 54 years 383
55 - 59 years 344
60 - 64 years 321
65 - 74 years 657
75 - 84 years 425
85 years and over 461

Most condos for rent in Oro Valley, Arizona are occupied by residents in the 25 - 34 years age group (22%), followed by those in the 35 - 44 years age group (15%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 7%.

Oro Valley, Arizona Renter-occupied housing units by family type**

Family households 2,154
Non-Family Households 2,745

Oro Valley, Arizona Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 905
No related children of the householder under 18 3,994

A total of 2,154 apartments for rent in Oro Valley, Arizona, or 44% of all rentals are family households. Additionally, 18% of rental homes include children under the age of 18 – that’s 905 units. All in all, the median size of a renter-occupied household in Oro Valley, Arizona is 1.9.

Oro Valley, Arizona Renter-occupied housing units by educational attainment**

Less than high school graduate 161
High school graduate (including equivalency) 616
Some college or associate's degree 1,873
Bachelor's degree or higher 2,249

In terms of education, renters holding bachelor degrees or higher make up 46% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Oro Valley, Arizona.

Oro Valley, Arizona Renter-occupied units by year structure built**

Built 2020 or later 53
Built 2010 - 2019 935
Built 2000 - 2009 893
Built 1990 - 1999 1,267
Built 1980 - 1989 1,244
Built 1970 - 1979 292
Built 1960 - 1969 121
Built 1940 - 1949 62
Built 1939 or earlier 32

The highest share of Oro Valley, Arizona apartment rentals, namely 26% or 1,267 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (25%, 1,244 units), and the ones Built 2010 - 2019 (19%, 935 units).

Oro Valley, Arizona Renter-occupied units by year householder moved in**

Moved in 2021 or later 729
Moved in 2018 to 2020 1,836
Moved in 2010 to 2017 2,050
Moved in 2000 to 2009 220
Moved in 1990 to 1999 44

Median year renter moved into unit 2018

Most Oro Valley, Arizona renters (42%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Oro Valley, Arizona condos for rent is 2018.

Oro Valley, Arizona Renter-occupied housing units by vehicles available**

No vehicle available 482
1 vehicle available 2,336
2 vehicles available 1,875
3 or more vehicles available 206

When it comes to transportation options, 48% of Oro Valley, Arizona renters have 1 vehicle available per household, 38% of them have 2 vehicles available, and 10% have No vehicle available.

Oro Valley, Arizona Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 3,686
Car, truck, or van - carpooled 417
Public transportation (excluding taxicab) 40
Walked 24
Taxicab, motorcycle, bicycle, or other means 139
Worked at home 475

Oro Valley, Arizona Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 5,888
Moved within same county 1,773
Moved from different county within same state 362
Moved from different state 1,044
Moved from abroad 172

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Oro Valley, Arizona apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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