Property Prices in Tucson, AZ, United States

Index Info
Price to Income Ratio: 3.53
Mortgage as Percentage of Income: 24.80%
Loan Affordability Index: 4.03
Price to Rent Ratio - City Centre: 14.42
Price to Rent Ratio - Outside of Centre: 8.98
Gross Rental Yield (City Centre): 6.94%
Gross Rental Yield (Outside of Centre): 11.13%
Rent Per Month
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Apartment (1 bedroom) in City Centre 777.39 $ 650.00-1,200.00
Apartment (1 bedroom) Outside of Centre 662.27 $ 600.00-900.00
Apartment (3 bedrooms) in City Centre 1,430.77 $ 1,100.00-2,200.00
Apartment (3 bedrooms) Outside of Centre 1,239.29 $ 950.00-1,800.00
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) 2,681.30 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.59 2.71-4.88

These data are based on 185 entries in the past 18 months from 35 different contributors.
Last update: May 2021

Sources and References
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