TUCSON, ARIZONA (April 30, 2025) – The latest Apartment List Rent Report for May 2025 shows continued downward pressure on rental prices in Tucson, with the citywide median rent falling to $1,059. That marks a 0.6% decline over the past month and a 2.9% drop compared to last year’s period, positioning Tucson behind the Arizona state average (-2.7%) and the national average (-0.3%).
According to the report, the median rent for a one-bedroom apartment in Tucson is now $884, while two-bedroom units average $1,134. So far in 2025, rents have declined 0.9%, a steeper drop than during the same period in 2024, when the year-to-date decline was just 0.3%.
This downward trend represents a shift from prior years. Tucson saw significant rent growth in 2021 with a 21.4% increase, followed by more modest gains in 2022 and 2023. However, rents began softening in 2024 with a 2.1% annual decrease, and that trajectory has continued into the first quarter of 2025.
Tucson ranked #97 for rent growth among the nation’s 100 largest cities in April, falling alongside markets like Detroit, MI (-0.6%) and Huntsville, AL (-0.7%). In contrast, the national rent average rose 0.5% over the same period, led by cities like Chicago, IL, which posted a 2.1% monthly increase…