Rents in Tucson area settle down

By Gabriela Rico | Arizona Daily Star

Rents in the Tucson area are stabilizing after more than two years of significant spikes.

In January, there was no measurable increase in average rental prices from December locally, but rents in the Tucson area are still up by 38.1% since the start of the pandemic for all rentals in March 2020, according to Apartment List data.

The current median rent is $987 for a one-bedroom and $1,299 for a two-bedroom, putting Tucson in 67th place in the nation, among the country’s 100 largest cities.

Irvine, California, has the highest median rent at $2,996 for all rentals and the lowest of the 100 largest cities is Cleveland with a median rent of $773.

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February 2023
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