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Affordable
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These days, finding an affordable place to live in the Eloy area can be challenging. Home prices in Eloy are now at a median cost of $245,995, lower than the Arizona average of $421,436.
The average cost of rent is $1,119/mo in Eloy, primarily driven by the current value of real estate in the Eloy area. In Eloy, 23.90% of households rent, and 52.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Eloy is $5,357 per month. Households that rent pay about 20.88% of their income on rent here. Eloy’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Toltec, AZ: less expensive homes
- Eleven Mile Corner, AZ: less expensive homes
- La Palma, AZ: less expensive homes
- Arizona City, AZ: equally priced homes
- Picacho, AZ: equally priced homes
- Friendly Corners, AZ: higher priced homes
- Chuichu, AZ: less expensive homes
- Stanfield, AZ: less expensive homes
- Oracle, AZ: higher priced homes
- Mammoth, AZ: less expensive homes
Cities with Similar Populations
- Zimmerman, MN: higher priced homes
- Bordentown, NJ: higher priced homes
- Bogalusa, LA: less expensive homes
- Blytheville, AR: less expensive homes
- Quincy, FL: less expensive homes
- Wayne, MI: less expensive homes
- Scott, LA: less expensive homes
- Scottsbluff, NE: less expensive homes
- Senoia, GA: higher priced homes
- South Houston, TX: less expensive homes
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