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Condos Near the University of Arizona: Faculty, Staff, and Student Housing at Placita Escondida

  • jeremy5660
  • Feb 25
  • 2 min read

Condos Near the University of Arizona: Own Instead of Rent

If you work at or attend the University of Arizona, you know how expensive and limited housing options are near campus. Rents in the University area have climbed significantly while providing zero equity in return. Placita Escondida offers a smarter alternative: brand new condos just minutes from campus where your monthly payment builds ownership instead of paying a landlord.

Close to Campus Without the Campus Chaos

Located at River Road and Campbell Avenue, Placita Escondida sits north of the University area in one of Tucson's most desirable corridors. The commute to campus is short and easy via Campbell Avenue, and the Rillito River Trail provides a direct bike path connection. You get proximity to the University without living in the density and noise of the immediate campus neighborhood. The community is gated, providing security and quiet that student-area rentals simply cannot offer.

An Investment That Works for Faculty, Staff, and Parents

For University of Arizona faculty and staff, owning at Placita Escondida means building equity in a new construction home with a builder warranty and HOA-managed exterior maintenance. For parents of University students, purchasing a condo can be more cost-effective than four years of rent payments, with the option to keep it as an investment property after graduation. Homes start from the mid $200s with special builder financing that can make monthly ownership costs competitive with area rents.

Tour the Models Today

Placita Escondida offers one and two-bedroom new construction homes in a gated community on the Rillito River Trail. Walk to St. Philip's Plaza, Trader Joe's, and dozens of restaurants. Call (520) 351-0040 or visit PlacitaEscondida.com to schedule a tour and explore your financing options.

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Placita Escondida Condominiums Tucson

Contact Us

(520) 351-0040

2020 E River Rd STE 101

Tucson, AZ 85718

Placita Escondida Condominiums

 

*4.99% FIXED 30-YEAR FINANCING AVAILABLE

Financing available on select homes through preferred lender, subject to borrower qualification and credit approval. This is a limited-time rate buy-down incentive, available only while promotional funds last. Not all borrowers will qualify. Buyer must occupy the home as their primary residence. Program may not be available with all loan types or in combination with other incentives. Additional closing costs apply. Promotional rate and terms are subject to change and may be discontinued at any time without prior notice.

 

Estimated payment for 1BR, 20% down, 4.99% rate, 30-year fixed. Principal and Interest estimate only. Subject to credit approval.

To receive the advertised rate, buyer must finance through preferred lender and meet eligibility requirements. Financing terms and rate lock availability are subject to market conditions and lender discretion. Buyer is not required to use preferred lender to purchase a condo at Placita Escondida but must use them to receive this promotional rate. Interest rate and monthly payment are provided for illustrative purposes only and are not a commitment to lend. Please consult with our sales team or a preferred lender representative for full terms and disclosures.

Equal Housing Opportunity. All information subject to change without notice. APR = Annual Percentage Rate. HOA = Homeowners Association. Equal Housing Opportunity © 2026

 

Floorplans, elevations, features, pricing, plans, amenities, specifications and related information, and information concerning the pricing and availability of our homes, are subject to change without notice. Move-in dates are not guaranteed. All sales are subject to the terms and conditions set forth in the Purchase Agreement. Registration does not guarantee a contract.

“The Interest Rate and Annual Percentage Rate is subject to change at any time without notice. The rate posted may vary depending on past credit history, down payment, and approximate term. All loans are subject to approval. Terms and conditions may apply. These rates are for general market awareness and should not be considered a live quote.

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