How many apartments are available in Tucson, AZ on Rentable.co?

Rentable.co has over 42,422 apartments available in Tucson.

What is the average rent for a studio apartment in Tucson, AZ?

The average rent for a studio apartment in Tucson is around $830 per month.

What is the average rent for a one-bedroom apartment in Tucson, AZ?

The average rent for a one-bedroom apartment in Tucson is around $950 per month.

What is the average rent for a two-bedroom apartment in Tucson, AZ?

The average rent for a two-bedroom apartment in Tucson is around $1,290 per month.

How expensive is living in Tucson, AZ?

Based on average rent prices in Tucson, to afford a studio apartment you would need an annual salary of $33,000 to live comfortably.

Apartments in Civano Tucson

Home
Tucson
Civano

Tucson:
May Rent Report

Welcome to the May 2023 Tucson Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2023 key findings and figures for the Tucson rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Tucson and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Tucson average rent prices in the chart below.

Monthly Rent Report

Tucson Rent Prices Increase From April to May

Tucson rent prices increased over the last month. From April to May, the city experienced a 0.71% increase for the price of a one-bedroom apartment. The rent price for a Tucson one-bedroom apartments currently stands at $992.0.

When we take a look at the two-bedroom comparison from April to May, Tucson experienced a 0.53% increase for the price of a two-bedroom apartment. The rent price for a Tucson two-bedroom apartments currently stands at $1,322.0.

May Prices: Tucson vs. Surrounding Areas

Rent Prices in Tucson and Surrounding Areas

Rent prices have increased in Tucson over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Tucson suburb increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Marana, AZ .
Rent decreased in Oro Valley, AZ.
2 suburbs are currently priced higher than the city of Tucson.

May 2023 Pricing Trends: Tucson vs. National Comparisons

Tucson Rent Prices More Affordable Than Major Cities

Rent growth in Tucson over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Tucson average rent prices appear to be relatively affordable for local residents.

The price for a Tucson one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Tucson and surrounding area rent prices, take a look at the complete data set below.

Data set for Tucson and suburbs

	1 BR May	1 BR M/M % Change	2 BR May	2 BR M/M % Change
Tucson, AZ	$985.0	0.41%	$1,315.0	-0.68%
Oro Valley, AZ	$1,570.0	-0.76%	$1,878.0	2.18%
Marana, AZ	$1,546.0	1.38%	$1,816.0	-0.44%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.