Property Prices in Tucson, AZ, United States

Index Info
Price to Income Ratio: 3.18
Mortgage as Percentage of Income: 26.28%
Loan Affordability Index: 3.81
Price to Rent Ratio - City Centre: 11.64
Price to Rent Ratio - Outside of Centre: 7.78
Gross Rental Yield (City Centre): 8.59%
Gross Rental Yield (Outside of Centre): 12.86%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,314.29 $ 950.00-2,000.00
Apartment (1 bedroom) Outside of Centre 883.77 $ 700.00-976.00
Apartment (3 bedrooms) in City Centre 1,790.00 $ 1,200.00-3,100.00
Apartment (3 bedrooms) Outside of Centre 1,360.00 $ 1,100.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 276.24 $ 200.00-301.66
Price per Square Feet to Buy Apartment Outside of Centre 130.20 $ 130.20-130.20
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,434.45 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.49 4.99-5.90

These data are based on 77 entries in the past 18 months from 18 different contributors.
Last update: August 2022

Sources and References
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