Tucson

Arizona · Ranked #58 of 102 metros

45Moderate

Median Home Price

🏠

$340K

Need $98K income

Median Rent

🔑

$1K

Need $52K income

Housing Shortage

📉

22,000

units needed

Building Permits

🔨

7,000

annual

Median Income

💰

$55K

Pop: 1,043,433

Rent Burden

⚠️

34.5%

of renters paying >30%

Price Change (YoY)

📈

+3%

Homeownership

🏡

60.5%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricTucsonNational
Price-to-Income Ratio6.2x6.1x
Rent Burden34.5%31.5%
Homeownership Rate60.5%65.5%
YoY Price Change+3%+3.5%
YoY Rent Change+2%+2.8%
Mortgage Denial Rate15.0%13.5%
Eviction Rate4.8%3.6%