Tucson October 2016 Rental Market

Dated: 11/09/2016

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Here are the highlights from the Tucson October MLS Rental Statistics:

 Total Active listings for October were 568.

 The number of properties rented this month was 313. 

 The Average monthly rent for Apartments was $531. 

 The Average monthly rent for Condominiums was $837. 

 The Average monthly rent for Manufactured Single Family Residence’s was $860. 

 The Average monthly rent for Patio Homes was $1,600. 

 The Average monthly rent for Plex’s was $615. 

 The Average monthly rent for Single Family Residence’s was $1,407. 

 The Average monthly rent for Town-homes was $985. 

 Average Days on Market was 38.


As more landlords decide to sell off investment properties purchased within the last 12 years, rental inventory levels in the SFR market are going to tighten even further.  This is a great opportunity to list a house for both sale AND rent even in the price points above $300K.  

Central Tucson, followed by Oro Valley, Marana and the foothills continue to be the most active rental areas.

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