tucson Multifamily Market Report
By CREhunt Research · Data through Q4 2025 · Aggregated from Northmarq
Quarterly multifamily market indicators for tucson, aggregated by CREhunt from Northmarq. As of Q4 2025, vacancy was 6.2%, per Northmarq.
Projected current multifamily pricing — tucson
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for tucson multifamily yet, so this applies the typical cap rate across comparable multifamily markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q4 2025 multiple brokerages asking-rent data (benchmark cap rate 5.1%–6.0%, asking rent trend-adjusted to today). Assumes ~92% occupancy (vacancy not reported) and a 52–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q4 2025 Northmarq | — | 6.2% | — | — | Northmarq |
Frequently asked questions
- What is the average asking rent for multifamily space in tucson?
- CREhunt aggregates multifamily asking-rent data for tucson from major brokerage market reports; see the quarterly table for the latest available figures.
- What is the multifamily vacancy rate in tucson?
- The multifamily vacancy rate in tucson was 6.2% as of Q4 2025 (Northmarq).
- Where does CREhunt's tucson market data come from?
- This report aggregates quarterly multifamily market data for tucson from Northmarq.