Pima County Arizona Residential Rent and Rental Statistics
The median monthly gross residential rent in Pima County AZ was $905 in 2019 according to the Census ACS survey.1 Average gross rent in Pima County was $931 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Pima County median and average rent data will be released in September of 2021.
Data is also available below for Pima County rental vacancy rates, Pima County rent as a percent of median income and the fraction of renters in Pima County.
Real Gross Rent in Pima County Arizona (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
Arizona Median Gross Rent | $1,101 | +4.36% | +7.73% |
Pima County AZ Median Gross Rent | $905 | +0.22% | +1.46% |
Pima County AZ Real Gross Rent Trends
Median gross rent for Pima County peaked in real terms in 2017 at $915 and is now $10 (1.09%) lower. Average gross rent for Pima County peaked in real terms in 2017 at $944 and is now $13 (1.38%) lower.
Real Gross Rent: Pima County AZ Median, Pima County AZ Average, Arizona Median, US Median
Real Gross Rent History for Pima County
Date | US Median |
Arizona Median |
Pima County AZ Median |
Pima County AZ Average |
---|---|---|---|---|
2019 | $1,097 | $1,101 | $905 | $931 |
2018 | $1,077 | $1,055 | $903 | $941 |
2017 | $1,043 | $1,052 | $915 | $944 |
2016 | $1,027 | $1,022 | $892 | $929 |
2015 | $1,017 | $990 | $874 | $910 |
2014 | $986 | $967 | $859 | $918 |
2013 | $953 | $937 | $840 | $890 |
2012 | $940 | $945 | $834 | $889 |
2011 | $941 | $918 | $826 | $871 |
2010 | $955 | $943 | $858 | $912 |
2009 | $960 | $979 | $830 | $890 |
2007 | $927 | $962 | $834 | $886 |
2005 | $910 | $896 | $791 | $844 |
Pima County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Pima County Arizona was 6.54% according to Census ACS data.
Rental Vacancy Rate in Pima County Arizona
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Arizona | 5.32% | -0.39% | -1.09% |
Pima County AZ | 6.54% | +0.13% | -1.32% |
Trends in Pima County AZ Rental Vacancy Rate
The rental vacancy rate in Pima County peaked in 2009 at 12.19%. Since then it has fallen by 5.65% to 6.54%. Data records for this series originated in 2005. From a 2017 post peak low of 6.19%, the rental vacancy rate has increased by 0.35%.
Rental Vacancy Rate: Pima County AZ, Arizona, US
Historical Rental Vacancy Rate data for Pima County
Date | US | Arizona | Pima County AZ |
---|---|---|---|
2019 | 5.97% | 5.32% | 6.54% |
2018 | 6.15% | 5.71% | 6.41% |
2017 | 6.18% | 5.99% | 6.19% |
2016 | 5.89% | 6.41% | 7.86% |
2015 | 5.85% | 7.72% | 7.71% |
2014 | 6.32% | 8.11% | 8.48% |
2013 | 6.49% | 8.89% | 7.71% |
2012 | 6.77% | 9.01% | 8.67% |
2011 | 7.40% | 10.21% | 10.81% |
2010 | 8.17% | 11.07% | 9.24% |
2009 | 8.43% | 12.62% | 12.19% |
2007 | 7.87% | 9.22% | 7.84% |
2005 | 7.74% | 8.57% | 7.64% |
Rent as a Fraction of Income
Using median household income data for Pima County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Pima County, median monthly gross rent as a fraction of median household income was 19.33% in 2019 according to the ACS.
Pima County Arizona Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
Arizona | 21.29% | +0.31% | -0.58% |
Pima County AZ | 19.33% | -0.57% | -2.16% |
Trends in Pima County AZ Rent as a Fraction of Income
The fraction of median Pima County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 21.85%. Since then it has fallen by 2.52% to 19.33%.
Fraction of Income towards Rent: Pima County AZ, Arizona, US
Historical Data for Annual Rent as a Fraction of Income in Pima County Arizona
Date | US | Arizona | Pima County AZ |
---|---|---|---|
2019 | 20.03% | 21.29% | 19.33% |
2018 | 20.50% | 20.98% | 19.91% |
2017 | 20.13% | 21.63% | 20.70% |
2016 | 20.43% | 21.87% | 21.50% |
2015 | 20.63% | 21.74% | 20.99% |
2014 | 20.89% | 21.95% | 21.30% |
2013 | 20.78% | 22.02% | 21.85% |
2012 | 20.65% | 22.28% | 21.02% |
2011 | 20.70% | 21.84% | 20.81% |
2010 | 20.50% | 21.65% | 20.82% |
2009 | 20.12% | 21.15% | 20.25% |
2007 | 18.66% | 19.70% | 19.57% |
2005 | 18.89% | 19.43% | 18.29% |
Renter Fraction in Pima County Arizona
You can calculate the renter fraction in Pima County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Pima County as a fraction of total Pima County households. In 2019 37.02% of households were renters according to Census ACS data.
Pima County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
Arizona | 34.74% | -0.45% | -2.02% |
Pima County AZ | 37.02% | -0.68% | -0.24% |
Trends in the Pima County AZ Renter Fraction
The Pima County household renter fraction peaked in in 2014 at 39.91% and is now 2.89% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Pima County AZ, Arizona, US
History of Pima County Renter Fraction
Date | US | Arizona | Pima County AZ |
---|---|---|---|
2019 | 35.89% | 34.74% | 37.02% |
2018 | 36.05% | 35.19% | 37.70% |
2017 | 36.13% | 35.28% | 36.13% |
2016 | 36.88% | 36.76% | 37.26% |
2015 | 36.97% | 38.09% | 39.25% |
2014 | 36.90% | 38.86% | 39.91% |
2013 | 36.50% | 37.94% | 39.53% |
2012 | 36.09% | 37.44% | 38.38% |
2011 | 35.42% | 36.27% | 38.59% |
2010 | 34.65% | 34.75% | 36.37% |
2009 | 34.13% | 32.94% | 34.21% |
2007 | 32.80% | 31.91% | 36.29% |
2005 | 33.10% | 31.83% | 34.92% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩