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:
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 .