Rental activity and trends for the Tucson Metro area as reported by Zillow Research “Affordability is beginning to recover and move closer to historical norms. The share of income the median household spends on typical rent has eased to 26.5%, down slightly from a year ago and nearing the pre-pandemic level of 25.8%.“ Typical Rent: …
Category: Market Updates
Tucson Rental Market Update – March 2026
Tucson Rental Market Update – February 2026
Rental activity and trends for the Tucson Metro area as reported by Zillow Research “Renters are gaining leverage as new supply comes online, and that dynamic is expected to continue.“ “As apartment construction expands and more single-family homes enter the rental market, property managers are increasingly competing on price and incentives.” Typical Rent: $1,447 (0.4% …
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Tucson Rental Market Update – January 2026
Rental activity and trends for the Tucson Metro area as reported by Zillow Research “Affordability is improving, with the typical renter now spending 26.4% of income on rent — the lowest share since August 2021.“ “Zillow forecasts single-family rents to rise 1.8% in 2026, while multifamily rents remain relatively flat (0.6%) as elevated vacancies and …
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Longer Market Times and More Rent Reductions
Our partners at ShowMojo have just released their 2024 Q2 Market Update, outlining trends and challenges in the current rental market. In a nutshell, they describe “Longer market times, fewer leads, and more rent reductions.” We’ve included the key takeaways below, along with what’s working now… Market Times Continue to Go the Wrong Way …
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