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Tucson, AZ Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,482
Monthly Cash Flow
-$323
Principal + Equity
$2,127
Annual Total Gain
$21,638
Cash on Cash
-4.78%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$163
Occupancy Rate
59.09%
Monthly Revenue
$1,843
Monthly Cash Flow
-$239
Principal + Equity
$2,127
Annual Total Gain
$22,647
Cash on Cash %
-3.54%
Net ROI %
Market Health & Growth
Median Income
$54,546
Population
543,348
LTR Renter %
48.34%
Forecast (1 yr)
0.16%
Appreciation (1 yr)
-3.46%
Appreciation (5 yr)
39.57%
Appreciation (10 yr)
95.66%
Job Growth
1.32%
LTR Rentability
Low
STR Demand
67
STR Rentals
5,816
Top Public Schools
ABASIS Tucson North
ABASIS Oro Valley
A
A
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Most Diverse Cities in America
#87out of 229 markets
Best Cities to Retire in America
#43out of 229 markets
Best Cities for Outdoor Activities in America
#98out of 229 markets
B
Public School
D
Crime And Safety
C
Housing
B
Nightlife
B-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Tucson, AZ.
As of September 2021, Tucson, AZ has regulations in place for short term rentals that investors should be aware of before purchasing a property for this purpose.
1. Licensing: Short term rental properties in Tucson are required to obtain a short term rental license from the city. This license must be renewed annually and comes with a fee.
2. Zoning regulations: Short term rentals in Tucson must comply with zoning regulations, which may restrict the areas where these properties can operate. Investors should check the zoning laws in the specific area where they are considering purchasing a property for short term rental.
3. Occupancy limits: There are occupancy limits for short term rental properties in Tucson, which vary depending on the size of the property. Investors should be aware of these limits and ensure they are in compliance.
4. Taxes: Short term rental properties in Tucson are subject to transient occupancy taxes, which must be collected from guests and remitted to the city. Investors should be aware of these tax obligations and factor them into their financial planning.
5. HOA restrictions: If the property is located in a homeowners association (HOA), investors should check the HOA rules and regulations regarding short term rentals. Some HOAs may have restrictions or prohibitions on short term rentals.
6. Noise and nuisance regulations: Tucson has noise and nuisance regulations that apply to short term rental properties. Investors should ensure that their property complies with these regulations to avoid potential fines or penalties.
7. Safety and health regulations: Short term rental properties in Tucson must meet certain safety and health standards, such as having working smoke detectors and meeting building code requirements. Investors should ensure their property meets these standards to ensure the safety of their guests.
Overall, investors considering purchasing a property for short term rental in Tucson should thoroughly research and understand the regulations and requirements in place to ensure compliance and avoid any potential legal issues or fines.
Market Trends Over Time
Explore 25 years of market data for Tucson, AZ, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Tucson, AZ.
The LTR Genie Score of Tucson, AZ is 62, indicating a moderate level of rentability for long-term rental properties in the area. Factors contributing to this score include a low LTR Rentability, a modest LTR Rent Growth Rate of 0.0607%, and a relatively high LTR Net ROI of 26.67%. On the other hand, the STR Genie Score is 57, suggesting a slightly lower level of rentability for short-term rental properties. This is supported by a STR Net ROI of 27.91%, a 1-Year Price Appreciation Forecast of 0.16%, a STR Occupancy rate of 59.09%, and an average STR Revenue of 1843.
Tucson, AZ is known for its affordable housing market, diverse economy, and growing population. The city offers a mix of urban amenities and outdoor recreational opportunities, making it an attractive destination for both residents and tourists.
Based on the metrics provided, Tucson, AZ may be a more attractive market for short-term rental investments due to the slightly higher STR Genie Score and STR Net ROI. However, investors should also consider the moderate LTR Genie Score and the potential for long-term appreciation in the housing market. Ultimately, a diversified investment strategy that includes both long-term and short-term rental properties could be beneficial in this market.
LTR Genie Score 93
$269,000
🛏 4 Beds🛁 3.0000 Baths🏙 2,900 sqft.🏠 SINGLE FAMILY
