Direct recent-lease rent history
Monthly overall-rent index; missing observations are not filled from another geography.
FIPS 04019 · population 1,060,490 · part of Tucson, AZ
The latest county-level Zillow ZORI is $1,483 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $967 | Pima County, AZ | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $1,081 | Pima County, AZ | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $1,402 | Pima County, AZ | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $1,950 | Pima County, AZ | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $2,245 | Pima County, AZ | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 04019. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Pima County presents a two-sided underwriting case: a published $1,483 median asking rent and 5.19% gross yield meet weakening price signals, while migration and wage evidence offers some demand support. Caution is warranted for an investor relying on resale liquidity, flood exposure, or thin post-cost cash flow; investigation should focus on whether the rent signal holds for the specific asset. Zillow county data are labeled 2026-06; FHFA’s repeat-transaction index is labeled 2025. Zillow’s median home value fell 2.1% year over year, while FHFA rose 1.11% annually. These different vintages and methods should not be averaged.
The gross yield is before operating costs and taxes. HUD’s two-bedroom FMR is $1,402, a payment standard, not an estimate of market asking rent. Property tax is 0.71%, and median annual tax is $2,272. The modeled climate-loss ratio is 0.24% of building value annually; inland flood is the dominant hazard, but the record supplies neither insurance pricing nor parcel-level loss. No expense stack, unit mix, condition, financing, or insurance quote is published, preventing a net-yield, DSCR, or cash-on-cash conclusion.
Demand evidence is supportive but not decisive. Tax-return flows show positive net migration and a $5,661 average-AGI advantage for incoming households. QCEW shows annual covered employment up 0.06% and covered-worker wages up 3.69%; Education and health services is the largest disclosed private supersector, not the whole economy. Realtor.com MLS evidence shows median listing price down 1.66% and 22.02% of listings price-reduced. Those are asking-market and seller-concession measures, not closed-sale prices or proof of buyer demand. Investor purchases represented 6.04% of total purchases, a participation measure rather than a demand forecast.
Risk limits are material. Inland-flood exposure requires parcel-level flood-zone, drainage, claims, and insurance review; the modeled ratio is not a quote. Achieved rent, vacancy, operating costs, and financing could make the gross yield insufficient. The FHFA result does not resolve Zillow’s softness, and closed-sale comparables are absent. Verify those items before relying on a rent-led case; this county record supports investigation, not a net-return conclusion.
This view uses 12 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.
Pima County’s Zillow ZORI was $1,483 in June 2026, up 0.8% from a year earlier. Within the 12 selected direct-evidence ZIP/ZCTA matches, the typical observed asking-rent index runs from $1,096 to $1,589, a $493 spread, with a $1,299 median. That distribution makes the decision question a screening exercise rather than a single county-rent conclusion: determine whether the asking-rent index range relevant to a search fits the household budget, then test the actual unit’s bedroom count and total move-in cost. The displayed set is a renter-household-ordered selection, not all local rental options.
The measures answer different questions and should remain separate. Zillow ZORI is a period-specific typical observed asking-rent index, while the ACS 2024 five-year ZCTA estimates describe survey-era household rents and income, and HUD’s FY2026 two-bedroom FMR is an administrative standard. Across the displayed matches, the Zillow-to-HUD two-bedroom relationship ranges from 77.7% ($1,104 ZORI against $1,420 FMR) to 111.3% ($1,424 against $1,280). Those ratios are reference points, not a conversion of an all-bedroom asking-rent index into a two-bedroom standard. For the ZIP-labelled ZCTA estimates, ACS median gross rent spans $973 to $1,586, versus $1,212 countywide; it should not be treated as a current listing quote or blended with ZORI.
The ACS burden and vacancy estimates highlight a practical trade-off without establishing why it occurs. Countywide, 53.2% of renter households are estimated to pay 30% or more of income toward gross rent; the displayed ZCTA values range from 41.3% to 61.0%. The county ACS vacancy rate is 8.8%, while the selected values run from 5.7% to 12.7%. Renter share also ranges from 31.2% to 72.1%, so the selected places are not similarly renter-weighted. A lower burden estimate is not proof that current asking rents are low, and a higher vacancy estimate is not proof of available units at a desired rent or bedroom count. Use those survey measures to frame search questions, not to predict lease terms.
Coverage and geography constrain the comparison. Of 27 eligible direct-ZORI matches, 12 are shown, covering 107,259 renter households; therefore the set is not an exhaustive county inventory. The displayed ZIP labels are assigned to Pima County using the largest HUD residential-address share, yet ZIPs can cross county boundaries, and Census ZCTAs are statistical areas rather than USPS delivery ZIPs. Before acting, verify the property’s current advertised rent, exact bedroom count, unit type, availability date, lease length, utilities and recurring fees, deposits, application terms, income or program eligibility, and whether it falls inside the relevant postal-service and county geography. These unit-level checks are necessary because the three rent measures do not describe the same transaction.
27 ZIP profiles passed the county gate; the 12 with the most renter households are shown.
| ZIP / ZCTA | Zillow asking rent | ACS gross rent | HUD 2BR | Burden 30%+ | Vacancy | Income screen | HUD county share |
|---|---|---|---|---|---|---|---|
| 85719 | $1,299 | $1,146 | $1,380 | 61.0% | 8.3% | $52k | 100.0% |
| 85705 | $1,096 | $973 | $1,200 | 54.0% | 12.7% | $44k | 100.0% |
| 85710 | $1,104 | $1,219 | $1,420 | 58.5% | 7.4% | $44k | 100.0% |
| 85716 | $1,299 | $1,080 | $1,350 | 50.8% | 12.4% | $52k | 100.0% |
| 85712 | $1,122 | $1,016 | $1,270 | 46.1% | 8.7% | $45k | 100.0% |
| 85711 | $1,183 | $1,079 | $1,260 | 53.8% | 7.0% | $47k | 100.0% |
| 85706 | $1,146 | $1,001 | $1,210 | 48.0% | 6.8% | $46k | 100.0% |
| 85704 | $1,431 | $1,561 | $1,650 | 48.2% | 8.2% | $57k | 100.0% |
| 85713 | $1,424 | $1,069 | $1,280 | 49.7% | 10.4% | $57k | 100.0% |
| 85745 | $1,504 | $1,172 | $1,410 | 41.3% | 6.2% | $60k | 100.0% |
| 85741 | $1,589 | $1,586 | $1,730 | 46.7% | 5.7% | $64k | 100.0% |
| 85730 | $1,540 | $1,271 | $1,460 | 52.5% | 6.3% | $62k | 100.0% |
Open a five-digit report for asking rent, affordability, rent history and resale liquidity. Each row keeps its ZIP/ZCTA measurement scope.
| ZIP report | City label | Zillow rent | 1Y change | ACS burden 30%+ | Population |
|---|---|---|---|---|---|
| ZIP 85741 rental reportPima County | Tucson, AZ | $1,589 | ▲ 5.8% | 46.7% | 33,679 |
| ZIP 85745 rental reportPima County | Tucson, AZ | $1,504 | ▲ 0.3% | 41.3% | 36,999 |
| ZIP 85718 rental reportPima County | Tucson, AZ | $1,469 | ▲ 1.7% | 41.8% | 28,125 |
| ZIP 85750 rental reportPima County | Tucson, AZ | $1,468 | ▲ 4.6% | 43.4% | 24,886 |
| ZIP 85704 rental reportPima County | Tucson, AZ | $1,431 | ▲ 1.1% | 48.2% | 35,210 |
| ZIP 85716 rental reportPima County | Tucson, AZ | $1,299 | ▼ 1.6% | 50.8% | 32,976 |
| ZIP 85719 rental reportPima County | Tucson, AZ | $1,299 | ▲ 1.0% | 61.0% | 51,833 |
| ZIP 85711 rental reportPima County | Tucson, AZ | $1,183 | ▲ 0.9% | 53.8% | 42,558 |
| ZIP 85706 rental reportPima County | Tucson, AZ | $1,146 | ▼ 4.2% | 48.0% | 54,236 |
| ZIP 85712 rental reportPima County | Tucson, AZ | $1,122 | ▲ 0.1% | 46.1% | 31,571 |
| ZIP 85710 rental reportPima County | Tucson, AZ | $1,104 | ▲ 0.0% | 58.5% | 56,125 |
| ZIP 85705 rental reportPima County | Tucson, AZ | $1,096 | ▲ 0.8% | 54.0% | 54,700 |
Zillow ZORI is an asking-rent index. ACS burden and population describe the Census ZCTA; missing observations remain n/a.
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.240% of building value expected lost per year
$2,272 median annual bill
22,250 in · 20,633 out
$76,350 arriving · $70,689 leaving
751 of 12,435 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
The record publishes median monthly asking rent; HUD two-bedroom FMR is a payment standard, not market rent.
QCEW is annual average covered employment at workplaces in the county, with a covered-worker average wage; it is not resident employment, unemployment, a forecast, or a metro series.
It is the share of purchase mortgages to non-occupants, reported alongside total purchases; it does not by itself establish buyer demand.