Arizona

Tucson, AZ Rental Market

Tucson is anchored by the University of Arizona — a Tier 1 research university with over 47,000 students — Davis-Monthan Air Force Base, and a growing biotech and optics industry cluster that has earned the city a reputation as a hub for advanced manufacturing. Relatively affordable home prices compared to Phoenix, strong student housing demand, and steady military tenant flow make Tucson a compelling value market for rental investors.

Get a rent estimate for an address in Tucson

Average Rent in Tucson, AZ

$1,250

per month · 2026-06

+3.2% year-over-year

Market Score

7/10

Key Facts — Tucson, AZ Rental Market

  • Average rent in Tucson, AZ:$1,250/mo
  • Median rent:$1,150/mo
  • Rent range:$625 – $2,750/mo
  • Most common rental (2 bedrooms):$1,100/mo
  • Active listings:2,200
  • Avg days to lease:30 days
  • Year-over-year change:+3.2%
  • Median home value:$235,000
  • Est. gross annual yield:6.4%
  • Data as of:2026-06

Rent by Bedroom in Tucson, AZ

Average monthly rent for each bedroom type based on current active listings in Tucson.

Bedroom TypeAvg Rent/mo
1 Bedroom
$900/mo
2 Bedrooms
$1,100/mo
3 Bedrooms
$1,400/mo
4 Bedrooms
$1,725/mo
5 Bedrooms
$1,975/mo

Tucson Rental Market Statistics

Key indicators from the current Tucson, AZ rental market.

Active Listings

2,200

Available now in Tucson

Avg Days on Market

30

From list to lease

Rent per Sq Ft

$0.96

Average across listings

Avg Square Footage

1,300 sq ft

Typical rental size

Rent Range

$625 – $2,750

Min to max active listings

Year-over-Year Change

+3.2%

Avg rent vs. prior year

Investing in Tucson, AZ Rental Properties

Estimated returns based on current market rents and median home values. Perform full due diligence before investing.

Median Home Value

$235,000

Typical purchase price in Tucson

Est. Gross Annual Yield

6.4%

Before expenses & vacancy

Avg Monthly Income

$1,250

At average market rent

Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Tucson for a full cash-flow breakdown including all costs.

Tucson, AZ Rental Market FAQ

Common questions about renting and investing in Tucson, AZ.

What is the average rent in Tucson, AZ?

The average rent in Tucson, AZ is $1,250 per month as of 2026. One-bedroom apartments average $900/mo, two-bedrooms average $1,100/mo, and three-bedroom homes average $1,400/mo. Neighborhoods near the University of Arizona — including 4th Avenue and Sam Hughes — command a premium, while Midtown and South Tucson offer lower entry points.

Is Tucson, AZ a good place to invest in rental property?

Tucson offers a 6.4% estimated gross annual yield with a median home value of just $235,000 — among the most affordable major Arizona markets. The University of Arizona's 47,000+ students create persistent demand for studios and 1- to 2-bedroom rentals near campus. Davis-Monthan AFB adds a steady military tenant base with housing allowances, and 3.2% year-over-year rent growth supports consistent returns.

How competitive is the Tucson, AZ rental market?

Tucson has over 2,200 active listings and averages 30 days on market — a moderately competitive pace. Properties near the University of Arizona move fastest, particularly ahead of the fall semester. The market experiences a predictable seasonal demand spike in May–August as students and faculty secure housing. Military-adjacent areas near Davis-Monthan maintain steady absorption year-round.

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