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These days, finding an affordable place to live in the Downtown Chandler area can be challenging. Home prices in Downtown Chandler are now at a median cost of $449,600, lower than the Chandler average of $552,648.
The average cost of rent is $1,410/mo in Downtown Chandler, primarily driven by the current value of real estate in the Downtown Chandler area. In Downtown Chandler, 85.15% of households rent, and 63.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Chandler is $5,568 per month. Households that rent pay about 25.32% of their income on rent here. Downtown Chandler’s most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Clemente Ranch, Chandler, AZ: higher priced homes
- The Islands, Gilbert, AZ: higher priced homes
- Heritage District, Gilbert, AZ: less expensive homes
- Southwest Mesa, Mesa, AZ: less expensive homes
- San Tan Ranch, Gilbert, AZ: higher priced homes
- Sun Groves, Chandler, AZ: higher priced homes
- West Central, Mesa, AZ: less expensive homes
- Tempe Royal Estates, Tempe, AZ: higher priced homes
- Peterson, Tempe, AZ: less expensive homes
- Meyer Park, Tempe, AZ: less expensive homes
Neighborhoods with Similar Populations
- 4th Ward, Portsmouth, OH: less expensive homes
- Youngsville, Manchester, NH: less expensive homes
- Westwood, Orlando, FL: less expensive homes
- Van Wyck Brooks Historic District, Plainfield, NJ: less expensive homes
- Rankin Historic District, Ironton, OH: less expensive homes
- Poinciana-Village 3, Poinciana, FL: less expensive homes
- Park Place, Mobile, AL: less expensive homes
- Paradise Park, Emeryville, CA: higher priced homes
- Forest Glen, Arlington, VA: less expensive homes
- Bedford Hills, Lynchburg, VA: less expensive homes
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