Property Prices in Tucson, AZ, United States

Index Info
Price to Income Ratio: 3.54
Mortgage as Percentage of Income: 31.91%
Loan Affordability Index: 3.13
Price to Rent Ratio - City Centre: 9.45
Price to Rent Ratio - Outside of Centre: 10.00
Gross Rental Yield (City Centre): 10.58%
Gross Rental Yield (Outside of Centre): 10.00%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,266.59 $ 1,000.00-1,800.00
Apartment (1 bedroom) Outside of Centre 1,180.44 $ 900.00-1,600.00
Apartment (3 bedrooms) in City Centre 2,279.17 $ 1,600.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,934.62 $ 1,500.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 242.52 $ 230.00-253.07
Price per Square Feet to Buy Apartment Outside of Centre 229.71 $ 227.98-230.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,587.25 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.59 6.19-6.80

These data are based on 167 entries in the past 18 months from 41 different contributors.
Last update: January 2025

Sources and References
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