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

Tucson, AZ has a median modeled monthly cash flow of $-657 and a median cap rate of 3.8%, on a median sold price of $319,000. Prices changed -2.8% year over year.

What is the average cap rate in Tucson, AZ?

The median cap rate across recently sold homes in Tucson, AZ is 3.8%, 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 $319,000 (about $209 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.

$319,000Median sold price

$209Median $/sqft

3.8%Median cap rate

$-657Modeled cash flow / mo

-2.8%Appreciation YoY

8.9Months of supply

3,745Active listings

5,077Sold (last 12 mo)

What the Tucson numbers say

In Tucson, AZ, the median home sold for $319,000 (about $209 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-657 of monthly cash flow. Sold prices moved -2.8% over the past year. Inventory sits at about 8.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 43 fix-and-flip deals in Tucson — listings where the estimated after-repair value beats list price + rehab.

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.