Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cottonwood area can be challenging. Home prices in Cottonwood are now at a median cost of $236,857, lower than the Arizona average of $274,828.
The average cost of rent is $1,010/mo in Cottonwood, primarily driven by the current value of real estate in the Cottonwood area. While nearly 48.76% of residents own their homes outright in Cottonwood, 53.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cottonwood is $3,820 per month. Households that rent pay about 26.43% of their income on rent here. Cottonwood's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Verde Village, AZ: higher priced homes
- Clarkdale, AZ: higher priced homes
- Cornville, AZ: higher priced homes
- Jerome, AZ: higher priced homes
- Page Springs, AZ: higher priced homes
- Tapco, AZ: higher priced homes
- Middle Verde, AZ: less expensive homes
- Rimrock, AZ: equally priced homes
- Big Park, AZ: higher priced homes
- Lake Montezuma, AZ: equally priced homes
Cities with Similar Populations
- Valley Falls, RI: higher priced homes
- Chesapeake Ranch Estates, MD: equally priced homes
- Chesterland, OH: equally priced homes
- Chestnut Ridge, NY: higher priced homes
- Waseca, MN: less expensive homes
- Circle Pines, MN: equally priced homes
- Wanaque, NJ: higher priced homes
- Claremont, NC: less expensive homes
- Clarence, NY: higher priced homes
- Wallington, NJ: higher priced homes
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