This form is a residential lease. Lessee agrees to pay, without demand, to lessor as rent a certain amount for the demised premises. The demised premises shall be used and occupied by the lessee exclusively as a private single family residence, and neither the premises nor any part will be used at any time during the term of this lease by the lessee for the purpose of carrying on any business, profession, or trade of any kind, or for any purpose other than as a private single family residence.
Tucson Arizona Lease House, Unfurnished
State:
Arizona
City:
Tucson
Control #:
AZ-LT-4
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Tucson, Arizona. Nearly half of Tucson's population rents, but there's not enough rental housing supply to keep up with demand, which has caused prices to soar.
With a cost of living that's 6% lower than the national average and 5% lower than the state average, Tucson is an affordable place to live in Arizona. Housing costs are also 25% lower than the national average with median home prices around $132,200 and median rent prices around $772.
Rents are going up all over Arizona, as they are across the country, but Tucson, once considered affordable, has seen a particularly painful spike. The median rent in Tucson in June was $1,795, up 30% from June 2021, according to Zillow data as of publication.
Arizona landlords are not allowed to raise the rent during a lease term, but they can raise it as much as they would like once the lease is up for renewal. Landlords must also provide 30 days' notice for any raise in rent.
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Tucson's population has been rising faster than apartment and home construction. That's made our area attractive to investors who buy properties, renovate and raise the rents.
Although Tucson isn't one of the fastest-growing cities in Arizona, it may be one of the smartest-growing, based on the demand for rental property in the Tucson metropolitan area.
Population growth is one reason why rent is increasing. However, she says that because the rents are rising that population growth could slow. Phoenix also saw a lot of job growth, which enticed more people to move here.
Fortunately, the cost of living in Tucson is relatively low. You should earn around $36,760 a year, or $17.60 an hour, to comfortably afford a one-bedroom apartment in Tucson.
The cost of living in Tucson, AZ is 5% lower than the state average and 2% higher than the national average. Tucson, AZ housing is 3% more expensive than the U.S average, while utilities are about 0% .