Is Tucson, AZ a good place to invest in rental property?

Tucson, AZ has a median modeled monthly cash flow of $-690 and a median cap rate of 3.7%, on a median sold price of $322,000. Prices changed -2.3% year over year.

What is the average cap rate in Tucson, AZ?

The median cap rate across recently sold homes in Tucson, AZ is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Tucson, AZ?

The median sold price in Tucson, AZ is $322,000 (about $210 per square foot).

Investing in Tucson, AZ Real Estate

A data-driven snapshot of the Tucson, AZ rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$322,000Median sold price

$210Median $/sqft

3.7%Median cap rate

$-690Modeled cash flow / mo

-2.3%Appreciation YoY

6.7Months of supply

2,827Active listings

5,066Sold (last 12 mo)

What the Tucson numbers say

In Tucson, AZ, the median home sold for $322,000 (about $210 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-690 of monthly cash flow. Sold prices moved -2.3% over the past year. Inventory sits at about 6.7 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Arizona markets to compare

See Tucson cash-flowing listings

CashFlowRE ranks every for-sale home in Tucson, AZ by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Tucson deals, or browse the national market data.