22 Hours Ago
Highlights
Pet Friendly
Location
2740 N Balboa Ave, Tucson, AZ 85705, USA|Balboa Heights
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Property Overview
Oakwood Terrace Apartments achieves a strong Zumper Expert Rating of 8.6, reflecting its appeal as a top rental choice. The property excels with a price rating of 10 and an amenities rating of 9, indicating a competitive price-to-value ratio and an impressive array of facilities. Additionally, its location score of 9 highlights convenient access to transportation and local attractions, while a trustworthiness rating of 8 underscores transparency in property management, contributing to a vibrant community and active lifestyle.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Less expensive
- Laundry available on site
Great for
Social life
Floor plans
| Studio | Studio | 1 bath | 500 sqft | $645 /mo | 7 units available | Welcome to Oakwood Terrace Apartments! Apartment Features: - Spacious Interiors - Appliances include stove and refrigerator - Newly installed laminate/tile flooring (Limited units available) - New light fixtures - Electric A/C and Heating System - Walk-In Closet - Private patio (Limited units available) Property Features: - Courtyard - Sparkling Pool - Two onsite laundry Oakwood Terrace Apartments is under new management. With and Onsite Maintenance/Manager Residents at Oakwood Terrace Apartments enjoy having access to: This location is in the Oracle and Grant neighborhood in Tucson. Nearby parks are Laguna Park and Jacinto Park The following eateries are nearby: - Parilla Suiza - Burger King - Jack in the Box - Guero Canelo - El Taco Rustico - Mariscos Baja Mar - Gandhi Cuisine of India - Monterey Court - Walking and/or biking distance to a large mix of lifestyle conveniences primarily in the restaurants, bars, coffee shops, and grocery stores. Pets are like family to us, and so we welcome your furry little friends at Oakwood Terrace Apartments! Pet fees: $35/mo per pet (2 pet limit) (Weight restrictions 35lbs) Qualify today! ⁃ Credit Check ⁃ Background check ⁃ Monthly income 2.5 times rent | |
| 1BR/1.0BA | 1 bed | 1 bath | 650+ sqft | $795 /mo | 12 units available | 1st month's rent is FREE. (Pay only the deposit TO MOVE IN !!!) 1 bed 1 bath starting at $795.00/mo, $50.00 RUBS, $300.00 deposit At Valley Income Properties, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents. Our program handles insurance, rent rewards, and more at a rate of $18.00/month, added to every property as a required program. More details upon application. |
Let's explore this property.
Amenities for Oakwood Terrace Apartments
Tech
| Stove/Refrigerator |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Swimming Pool |
Other
| Pest Control - $5 | Sparkling Pool |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 58 |
|---|
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About Oakwood Terrace Apartments
Welcome to Oakwood Terrace Apartments! Apartment Features: - Spacious Interiors - Appliances include stove and refrigerator - Newly installed laminate/tile flooring (Limited units available) - New light fixtures - Electric A/C and Heating System - Walk-In Closet - Private patio (Limited units available) Property Features: - Courtyard - Sparkling Pool - Two onsite laundry Oakwood Terrace Apartments is under new management. With and Onsite Maintenance/Manager Residents at Oakwood Terrace Apartments enjoy having access to: This location is in the Oracle and Grant neighborhood in Tucson. Nearby parks are Laguna Park and Jacinto Park The following eateries are nearby: - Parilla Suiza - Burger King - Jack in the Box - Guero Canelo - El Taco Rustico - Mariscos Baja Mar - Gandhi Cuisine of India - Monterey Court - Walking and/or biking distance to a large mix of lifestyle conveniences primarily in the restaurants, bars, coffee shops, and grocery stores. Pets are like family to us, and so we welcome your furry little friends at Oakwood Terrace Apartments! Pet fees: $35/mo per pet (2 pet limit) (Weight restrictions 35lbs) Qualify today! ⁃ Credit Check ⁃ Background check ⁃ Monthly income 2.5 times rent
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, Oakwood Terrace Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Oakwood Terrace Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Oakwood Terrace Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Oakwood Terrace Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Oakwood Terrace Apartments receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Oakwood Terrace Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Oakwood Terrace Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Oakwood Terrace Apartments is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Oakwood Terrace Apartments compares to other nearby properties.
Positives
- More space
- Studio is 120 sqft larger than other listings nearby
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- More space
- The 1-bedroom is 140 sqft larger than other listings nearby
- Less expensive
- Studio units are cheaper than other similar listings nearby
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
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Rent trends in Balboa Heights
Studio apartments at Oakwood Terrace Apartments cost about 7% less than the average rent price for studios in Balboa Heights.
1-bedroom apartments here are priced 2% lower than 1-bedrooms in Balboa Heights.
Median rents as of Feb 28 2026.
Balboa Heights
Tucson
| Month | Median Rent |
|---|---|
| March 2024 | $779 |
| April 2024 | $783 |
| May 2024 | $771 |
| June 2024 | $773 |
| July 2024 | $750 |
| August 2024 | $750 |
| September 2024 | $768 |
| October 2024 | $755 |
| November 2024 | $754 |
| December 2024 | $776 |
| January 2025 | $771 |
| February 2025 | $773 |
| March 2025 | $779 |
| April 2025 | $750 |
| May 2025 | $749 |
| June 2025 | $749 |
| July 2025 | $750 |
| August 2025 | $750 |
| September 2025 | $748 |
| October 2025 | $750 |
| November 2025 | $749 |
| December 2025 | $750 |
| January 2026 | $750 |
| February 2026 | $750 |
| Month | Median Rent |
|---|---|
| May 2024 | $650 |
| November 2024 | $725 |
| December 2024 | $725 |
| January 2025 | $771 |
| February 2025 | $710 |
| March 2025 | $695 |
| April 2025 | $695 |
| May 2025 | $695 |
Affordability calculator
Can I afford to live at 2740 N Balboa Ave?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$25,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $25,800 annually to afford this studio monthly rent price of $645.
For more information on rent affordability, visit our rent calculator.
Schools near Oakwood Terrace Apartments
E. C. Nash Elementary School
515 w kelso st
tucson, AZ, 85705
PK, K-5Public
C
Rillito Center
266 e pastime rd
tucson, AZ, 85705
PK, K-12Public
ASDB - Tucson Campus
1200 w speedway blvd
tucson, AZ, 85745
K-12Public
ASDB - ELP Tucson Campus Preschool
1200 w speedway blvd
tucson, AZ, 85745
PKPublic
Amphi Academy at El Hogar
450 e wetmore rd
tucson, AZ, 85705
K-12Public
C
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Internet available near Oakwood Terrace Apartments
Neighborhood
Balboa Heights | Tucson, AZ
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Tucson near 2740 N Balboa Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 2740 N Balboa Ave, Tucson
Groceries
6/10
At least one supermarket within a 20-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
Explore the area around 2740 N Balboa Ave
McGarys Discount Groceries
2411 N Oracle Rd
Coronado Grocery & Market
3154 N Stone Ave
Fry's Food
555 E Grant Rd
Z Market
2795 N 1st Ave
India Food & Gifts
863 E Grant Rd
Lili's Second Hand Boutique
2602 N Balboa Ave
Ultimate Auto Boutique LLC
770 W Grant Rd
In My Shoes Inc
240 W Navajo Rd
International Corporate Apparel
2909 N El Burrito Ave
Sparkle Cleaners
2 W Drachman St
Donut King
150 W Grant Rd
7 Brew Coffee
135 E Speedway Blvd
Amy's Donuts
101 E Fort Lowell Rd
Starbucks
555 E Grant Rd
Dunkin'
1066 W Grant Rd
Tommy's Saloon
2747 N Stone Ave
Brodie's Dark Horse Eatery
2449 N Stone Ave
Hookaholics
247 W Grant Rd
Nocturnal Creatures Lounge LLC
2000 N Oracle Rd
Golden Nugget
2617 N 1st Ave
Angel's Cake Pops
Romero RD
Chez Peachy
Ten X Cafe
2727 N Fairview Ave
Walmart Bakery
831 E Fort Lowell Rd
The Sausage Shop
1015 W Prince Rd
Balboa Park
Mansfield Park
Miracle Mile Park
Navajo Park
Jacobs Park
La Parrilla Suiza
2720 N Oracle Rd
Tommy's Saloon
2747 N Stone Ave
El Chinito Gordo LLC
2920 N Oracle Rd
El Guero Canelo Restaurant
2480 N Oracle Rd
Guero Loco's Bubba-Que
2480 N Oracle Rd
Stone / Glenn
Stone Ave
Oracle / Jacinto
Oracle / INA, Flowing Wells
Oracle / Glenn
Flowing Wells, Oracle / INA
Oracle / Glenn
Flowing Wells, Oracle / INA
Stone / Glenn
Stone Ave
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