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Tucson Rental Market Report - September 2013

The Rental Statistics summarize the active inventory, rented inventory, and days on market for each rental property type.

Highlights for Tucson September Rental Statistics (from a total of 1,040 Active listings):

 Number of properties rented this month - 371

 Average monthly rent for Apartments - $500

 Average monthly rent for Condominiums- $873

 Average monthly rent for Mobile Homes - $450

 Average monthly rent for Manufactured Single Family homes - $877

 Average monthly rent for Patio Homes - $1,325

 Average monthly rent for Plex’s - $622

 Average monthly rent for Single Family - $1,226

 Average monthly rent for Townhomes - $935

 Average Days on Market - 48

Tucson clearly has a large inventory of rental homes available and with only a small fraction of them getting rented.  Rent prices, though stable, continue to drop roughly $25 to $100 per month over last month.

The chart below represents the current number of homes available for rent in Tucson based on area of town:

Buying or selling Tucson real estate, Mt Lemmon, Tucson bank-owned homes, Tucson rental homes, or Tucson lease option homes? Visit www.KGCPropertiesLLC.com .

                                                 

 

This blog is written with my opinions and my opinions are  presented with accuracy but not guarantees. Please talk to a professional before making any real estate, financial or agency decisions.    Gabrielle Kamahele Rhind - 2014. If you want to reprint parts of this - just email me for my permission: KGCProperties@gmail.com .

 

Comment balloon 3 commentsGabrielle Kamahele Rhind • October 14 2013 04:18AM
Tucson Rental Market Report - September 2013
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The Rental Statistics summarize the active inventory rented inventory, and days on market for each rental property type. Highlights for Tucson September Rental Statistics (from a total of 1, 040 Active listings):  Number of properties… more
Tucson Eastside Condo For Lease!
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$725 per month, 2 bedrooms, 2 full baths, 0 half baths, 1, 116 square feet Gabrielle (Kamahele) Rhind | KGC Properties LLC | (520) 245-0242 … more