Tucson is the 59th largest multifamily market with 70,221 completed units and 7,864 units in development, 839 of which have already broken ground, as of September 2022.
Tucson Multifamily Market Summary – September 2022
New lease asking rents are at $1,252, up 9%▲
from the previous year placing Tucson at 64th
overall in year-over-year rent growth.
Tucson Multifamily Market Summary – August 2022
New lease asking rents are at $1,247, up 10.6%▲
from the previous year placing Tucson at 52nd
overall in year-over-year rent growth.
Tucson Multifamily Market Summary – July 2022
New lease asking rents are at $1,259, up 14.1%▲
from the previous year placing Tucson at 27th
overall in year-over-year rent growth.
Tucson Multifamily Market Summary – June 2022
New lease asking rents are at $1,255, up 16.3%▲
from the previous year placing Tucson at 26th
overall in year-over-year rent growth.
Tucson Multifamily Market Summary – May 2022
New lease asking rents are at $1,255, up 18.6%▲
from the previous year placing Tucson at 13th
overall in year-over-year rent growth.
Tucson Multifamily Market Summary – April 2022
New lease asking rents are at $1,237, up 19.3%▲
from the previous year placing Tucson at 13th
overall in year-over-year rent growth.
Tucson Multifamily Market Summary – March 2022
New lease asking rents are at $1,225, up 19.8%▲
from the previous year placing Tucson at 12th
overall in year-over-year rent growth.
Tucson Multifamily Market Summary – February 2022
New lease asking rents are at $1,213, up 20.3%▲
from the previous year placing Tucson at 13th
overall in year-over-year rent growth.
Tucson Multifamily Market Summary – January 2022
New lease asking rents are at $1,201, up 20.1%▲
from the previous year placing Tucson at 11th
overall in year-over-year rent growth.
Tucson Multifamily Market Summary – December 2021
New lease asking rents are at $1,162, up 17.5%▲
from the previous year placing Tucson at 22nd
overall in year-over-year rent growth.
