The Most Affordable Neighborhoods in Arizona, LA by Home Value

 

Arizona, LA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Arizona area can be challenging. Home prices in Arizona are now at a median cost of $146,030, lower than the Louisiana average of $194,522.

The average cost of rent is $521/mo in Arizona, primarily driven by the current value of real estate in the Arizona area. While nearly 60.15% of residents own their homes outright in Arizona, 5.39% rent.

Housing affordability isn’t just about home prices, though. The average household income in Arizona is $3,429 per month. Households that rent pay about 15.21% of their income on rent here. Arizona's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.


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