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Affordable
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These days, finding an affordable place to live in the Cordes Lakes area can be challenging. Home prices in Cordes Lakes are now at a median cost of $197,606, lower than the Arizona average of $421,436.
The average cost of rent is $1,313/mo in Cordes Lakes, primarily driven by the current value of real estate in the Cordes Lakes area. In Cordes Lakes, 13.41% of households rent, and 40.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cordes Lakes is $5,891 per month. Households that rent pay about 22.29% of their income on rent here. Cordes Lakes’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cordes Junction, AZ: higher priced homes
- Spring Valley, AZ: higher priced homes
- Cleator, AZ: higher priced homes
- Mayer, AZ: higher priced homes
- Poland Junction, AZ: higher priced homes
- Horse Thief, AZ: higher priced homes
- Wagoner, AZ: higher priced homes
- Wilhoit, AZ: higher priced homes
- Kirkland, AZ: higher priced homes
- Strawberry, AZ: higher priced homes
Cities with Similar Populations
- Coolville, OH: less expensive homes
- Pine, AZ: higher priced homes
- Beasley, TX: higher priced homes
- Plain Dealing, LA: less expensive homes
- Quinton, AL: less expensive homes
- South Hutchinson, KS: less expensive homes
- Godwin, NC: equally priced homes
- East Lansdowne, PA: equally priced homes
- Doyline, LA: less expensive homes
- Claremont, IL: less expensive homes
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