Phoenix vs Tucson
Side-by-side rent vs buy analysis comparing these two markets
Overall Comparison
Tucson has an edge
Tucson currently favors renting, with better rent-to-price dynamics.
Median Home Price
$455,489.79
Median Rent
$1,736.14/mo
Price-to-Rent Ratio
21.9
Property Tax RateTIE
0.62%
Price Change (1Y)
-3.4%
Price Change (5Y)
-17.0%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$276,367
Median Home PriceBETTER
$339,305.71
Median RentBETTER
$1,509.94/mo
Price-to-Rent RatioBETTER
18.7
Property Tax RateTIE
0.62%
Price Change (1Y)BETTER
-3.3%
Price Change (5Y)BETTER
-16.4%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$172,811
Key Differences
Home Prices
Phoenix's median home price of $455,489.79 is higher than Tucson's $339,305.71 by 34%.
Monthly Rent
Renting in Phoenix costs $1,736.14/mo compared to $1,509.94/mo in Tucson—a difference of $226.2/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.
Run Your Own Numbers
This comparison uses median values. Your income, savings, and goals matter. Use our Buy vs Rent calculator to get a personalized analysis.