Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Central Phoenix area can be challenging. Home prices in Central Phoenix are now at a median cost of $245,307, lower than the Phoenix average of $309,208.
The average cost of rent is $1,029/mo in Central Phoenix, primarily driven by the current value of real estate in the Central Phoenix area. While nearly 38.38% of residents own their homes outright in Central Phoenix, 71.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Central Phoenix is $4,028 per month. Households that rent pay about 25.56% of their income on rent here. Central Phoenix's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the neighborhood.
Nearby Neighborhoods
- Encanto, Phoenix, AZ: higher priced homes
- Downtown Phoenix, Phoenix, AZ: less expensive homes
- Bronze Boot, Phoenix, AZ: equally priced homes
- Camelback East, Phoenix, AZ: higher priced homes
- Alahambra, Phoenix, AZ: equally priced homes
- South Mountain, Phoenix, AZ: equally priced homes
- South Phoenix, Phoenix, AZ: equally priced homes
- West Phoenix, Phoenix, AZ: less expensive homes
- Sunset, Tempe, AZ: higher priced homes
- Cartwright, Phoenix, AZ: less expensive homes
Neighborhoods with Similar Populations
- Mott Haven, Bronx, NY: higher priced homes
- Far Northeast, Humble, TX: equally priced homes
- Far Rockaway, Queens, NY: higher priced homes
- Galleria-Uptown, Houston, TX: higher priced homes
- Ahwatukee, Phoenix, AZ: higher priced homes
- West, Arlington, TX: equally priced homes
- Logan Square, Chicago, IL: higher priced homes
- Soundview, Bronx, NY: higher priced homes
- Mid Wilshire, Los Angeles, CA: higher priced homes
- Millcreek, Salt Lake City, UT: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood