Property Prices in Tucson, AZ, United States

Index Info
Price to Income Ratio: 3.58
Mortgage as Percentage of Income: 32.24%
Loan Affordability Index: 3.10
Price to Rent Ratio - City Centre: 10.07
Price to Rent Ratio - Outside of Centre: 10.20
Gross Rental Yield (City Centre): 9.93%
Gross Rental Yield (Outside of Centre): 9.80%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,238.13 $ 850.00-1,800.00
Apartment (1 bedroom) Outside of Centre 1,137.46 $ 900.00-1,600.00
Apartment (3 bedrooms) in City Centre 2,254.55 $ 1,700.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,940.91 $ 1,600.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 254.08 $ 230.00-333.00
Price per Square Feet to Buy Apartment Outside of Centre 229.66 $ 227.98-230.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,633.57 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.58 5.00-7.00

These data are based on 147 entries in the past 18 months from 32 different contributors.
Last update: July 2024

Sources and References
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