Tucson, Arizona Rental Market Trends
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 Tucson, Arizona rental market.
An apartment for rent in Tucson, Arizona typically goes for $1,265 per month, while a single-family home for rent in Tucson, Arizona has a monthly cost of around $1,850. Renter-occupied units make up 48% of the local housing market, while the rental vacancy rate in Tucson, Arizona is at 6.5.
Average Apartment Rent in October 2022
Y-o-Y Change in Average
Average Single-Family Rent in October 2022
Compared to a year ago, Tucson, Arizona apartments have recorded a 9.6% rent increase.
Tucson, Arizona |Average apartment rent trend
Tucson, Arizona| Average apartment rent
Tucson, Arizona | Apartment rent ranges
At 48.59%, apartments priced $1,000 - $1,500 represent the bulk of Tucson, Arizona rentals, while condos priced $500 - $700 hold the lowest share of the market – 2.05%.
Tucson, Arizona | Housing tenure**
Renters take up 48% of Tucson, Arizona real estate, occupying a total of 104,280 units, while homeowners live in 111,663 properties.
Median number of rooms of renter-occupied housing units**
Renter median household income**
Average household size of renter-occupied housing units**
Rental vacancy rate**
Tucson, Arizona | Renter-occupied housing units by no. of bedrooms**
There are 33,713 rentals in Tucson, Arizona with 2 beds making up the highest share of the market, at 32%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 944 units. Overall, the median number of rooms in Tucson, Arizona homes for rent is 3.9.
Tucson, Arizona |Renter-occupied units by age of householder**
Most condos for rent in Tucson, Arizona are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 15 - 24 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Tucson, Arizona | Renter-occupied housing units by family type**
Tucson, Arizona | Renter-occupied housing units by the presence of own children**
A total of 43,663 apartments for rent in Tucson, Arizona, or 42% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 28,036 units. All in all, the median size of a renter-occupied household in Tucson, Arizona is 2.27.
Tucson, Arizona | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Tucson, Arizona.
Tucson, Arizona | Renter-occupied units by year structure built**
The highest share of Tucson, Arizona apartment rentals, namely 22% or 22,741 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (21%, 21,848 units), and the ones Built 1990 - 1999 (15%, 15,885 units).
Tucson, Arizona | Renter-occupied units by year householder moved in**
Median year renter moved into unit2016
Most Tucson, Arizona renters (56%) moved in 2015 to 2016, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Tucson, Arizona condos for rent is 2016.
Tucson, Arizona | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 50% of Tucson, Arizona renters have 1 vehicle available per household, 24% of them have 2 vehicles available, and 19% have No vehicle available.
Tucson, Arizona | Means of transportation to work of householders living in renter-occupied housing units**
Tucson, Arizona |Geographical mobility in the past year for householders living in renter-occupied housing units**
Tucson, Arizona | Average apartment rent by zip codes
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 Tucson, 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, 2020 American Community Survey 5-Year Estimates