Property Prices in Tucson, AZ, United States

Index Info
Price to Income Ratio: 4.30
Mortgage as Percentage of Income: 29.91%
Loan Affordability Index: 3.34
Price to Rent Ratio - City Centre: 13.97
Price to Rent Ratio - Outside of Centre: 8.82
Gross Rental Yield (City Centre): 7.16%
Gross Rental Yield (Outside of Centre): 11.34%
Rent Per Month
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Apartment (1 bedroom) in City Centre 798.00 $ 650.00-1,400.00
Apartment (1 bedroom) Outside of Centre 683.86 $ 600.00-953.00
Apartment (3 bedrooms) in City Centre 1,485.81 $ 1,100.00-2,200.00
Apartment (3 bedrooms) Outside of Centre 1,242.11 $ 900.00-1,754.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 229.46 $ 162.42-301.66
Price per Square Feet to Buy Apartment Outside of Centre 122.75 $ 107.04-130.20
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,205.56 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.50 2.71-4.88

These data are based on 167 entries in the past 18 months from 33 different contributors.
Last update: July 2021

Sources and References
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