Tucson, AZ

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Tucson short-term rental market based on reliable data.

Listings

3791 / 7373

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$24,620

Middle-Earners Revenue

Occupancy

65%

Middle-Earners Occupancy

Home Value

$326,242

Median Home Sale Price

Top Earners

$54,963

Top-Earners Revenue

Tucson

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Tucson.

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C

Challenging to Investors

Tucson Regulations

STRs are legally permitted under Arizona law, but Tucson’s local rules are unclear and conflicting, requiring direct verification of any business license or zoning limits; low fees and absence of caps are overshadowed by high tax burden, ADU residency requirement, insurance mandate, and the risk of civil penalties and license suspension for noncompliance.

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About Tucson

Tucson is the second-largest city in Arizona and the seat of Pima County, with an estimated population of roughly 540,000 residents. Set in the Sonoran Desert against a backdrop of five mountain ranges, it carries the easygoing character of a sun-soaked college town — home to the University of Arizona — while also functioning as a gateway to some of the most celebrated desert landscapes in the American Southwest. About 115 miles southeast of Phoenix, Tucson is roughly 60 miles north of the U.S.–Mexico border at Nogales, a position that gives it a distinctive blend of Anglo, Mexican, and Native American cultural influences, especially visible in its food scene and historic neighborhoods.

Just east and west of the city, Saguaro National Park protects dense forests of the iconic saguaro cactus that defines the surrounding desert. Divided into the Rincon Mountain (East) and Tucson Mountain (West) districts, both within about a 30-minute drive of downtown, the park offers scenic drives, hiking trails, and sunset viewpoints that draw visitors year-round. Few other places in the world make the saguaro as accessible, and the park is one of the strongest anchors for vacation-rental demand in the region.

West of the city, the Arizona-Sonora Desert Museum is a long-running hybrid zoo, botanical garden, and natural-history museum set against the Tucson Mountains, roughly a 25-minute drive from central Tucson. It is widely regarded as one of the best such institutions in the country, and visitors typically pair it with Saguaro National Park's western unit and the nearby Old Tucson film set.

In the Santa Catalina Mountains to the north, Sabino Canyon draws hikers, picnickers, and tram riders about 25 minutes from downtown, while the road up Mount Lemmon continues another hour or so to pine forests, the village of Summerhaven, and ski-able slopes in winter. The contrast between cactus desert and mountain forest in a single drive is one of the area's signature experiences. To the south, Mission San Xavier del Bac, a still-active 18th-century Franciscan mission on the Tohono O'odham Nation, sits roughly 20 minutes from downtown and is often described as the "White Dove of the Desert."

Tucson's appeal for short-term rental owners rests on a combination of year-round warm weather, a steady calendar of university, cultural, and sporting events, and an unusually rich set of day-trip destinations — from Saguaro National Park and the Desert Museum to the Catalina Mountains and San Xavier del Bac. The city's food heritage, designated by UNESCO as a City of Gastronomy, adds another draw for travelers, while its proximity to Phoenix and the Mexican border broadens the pool of potential visitors well beyond the city itself.

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