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Renting on a $1,500 budget: Tucson Offers the Best Bang for Your Buck in Arizona

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  • Renting on a $1,500 budget: Tucson Offers the Best Bang for Your Buck in Arizona
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May 17, 2023
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Real Estate Daily News Service
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TUCSON, ARIZONA (May 17, 2023) -- Every renter’s dream is to get the best location and the most space within their budget. RentCafe annual report comes with good news: For a monthly budget of $1,500, more than half (56%) of America’s 200 largest cities are roomier than the national average of 782 square feet — and Tucson is one of them. 

In fact, for the monthly budget of $1,500, Tucson is the only city in Arizona that offers over 900 square feet. Meanwhile, two-thirds of the cities in Metro Phoenix offer less than the national threshold. 

Here are the details: 

  • Tucson ranked 1st in Arizona and 4th among the big cities in the West for its generous two- or even three-bedroom apartments of 923 square feet for $1,500. That’s 65 square feet less than Spokane, WA, the city occupying the first spot, and more than 100 square feet compared to Mesa, the city which ranked second in Arizona. 
  •  In both Mesa and Glendale renters can live on a budget and can get one- or two-bedroom apartments of around 810 square feet. The average rent in these two cities is roughly $1,500.
  • Phoenix, along with Chandler and Gilbert, offers a little less space than the national average of 782 square feet. In Phoenix, the average rent is $1,556, while in the other two cities the average rent is a little over $1,800.
  •  Scottsdale ranks 20th among the big Western cities, while statewide it offers the least amount of space for a $1,500 rent budget. Renters have to squeeze in 674 square feet on average here.

To learn more about where renters can get the most bang for their buck, check out the complete study here.

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