Property Prices in Tucson, AZ, United States

Index Info
Price to Income Ratio: 3.54
Mortgage as Percentage of Income: 31.75%
Loan Affordability Index: 3.15
Price to Rent Ratio - City Centre: 8.79
Price to Rent Ratio - Outside of Centre: 9.70
Gross Rental Yield (City Centre): 11.38%
Gross Rental Yield (Outside of Centre): 10.31%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,325.00 $ 1,100.00-1,800.00
Apartment (1 bedroom) Outside of Centre 1,206.69 $ 900.00-1,600.00
Apartment (3 bedrooms) in City Centre 2,405.00 $ 1,750.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 2,010.00 $ 1,600.00-2,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 236.91 $ 230.00-250.74
Price per Square Feet to Buy Apartment Outside of Centre 229.33 $ 227.98-230.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,540.67 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.52 5.00-6.80

These data are based on 138 entries in the past 18 months from 32 different contributors.
Last update: April 2024

Sources and References
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