As Tucson, AZ home values and mortgage rates have risen since the housing meltdown in 2007 and 2008 rental rates have increased. This appreciation in rental rates for Tucson is due in part to the 
increase of housing homeownership affordability.
For those that did not buy when home prices where at their lows during the downturn or refinance when mortgage rates where at their lows are now seeing home affordability on the increase which has driven rental rates up.
For those that bought and continue to buy rental income properties since the downturn in 2007 have seen some great returns.
Tucson, AZ Rent Index Annual Appreciation
As of the post and according to Zillow, the median rent in Tucson, AZ is $1,202 per month which grew 2.4% over the past year.
See the chart below for Tucson’s rent index and appreciation since 2011.
If you are looking to invest in residential real estate in Tucson love to help. I have been investing in residential real estate in Tucson for over 25 years and investing in real estate has provided some great returns. I am known as Tucson’s Investor Friendly Realtor and can help you make a smart choice and money when buying a Tucson residential rental property.
Other than cash flow and appreciation there are some awesome tax benefits to owning rental real estate: Check out Top 13 Rental Property Tax Deductions
Search for Tucson rental income properties by clicking on the link below
