The Most Affordable Neighborhoods in Flagstaff, AZ by Home Value

 

Flagstaff, AZ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Flagstaff area can be challenging. Home prices in Flagstaff are now at a median cost of $496,591, higher than the Arizona average of $274,828.

The average cost of rent is $1,431/mo in Flagstaff, primarily driven by the current value of real estate in the Flagstaff area. While nearly 52.67% of residents own their homes outright in Flagstaff, 59.88% rent.

Housing affordability isn’t just about home prices, though. The average household income in Flagstaff is $4,993 per month. Households that rent pay about 28.67% of their income on rent here. Flagstaff's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.


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