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These days, finding an affordable place to live in the Laguna area can be challenging. Home prices in Laguna are now at a median cost of $234,551, lower than the Arizona average of $421,436.
The average cost of rent is $896/mo in Laguna, primarily driven by the current value of real estate in the Laguna area. In Laguna, 53.63% of households rent, and 61.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Laguna is $5,466 per month. Households that rent pay about 16.39% of their income on rent here. Laguna’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
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- Date City, CA: higher priced homes
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Cities with Similar Populations
- Buckskin, ND: less expensive homes
- Upper Fairmount, MD: less expensive homes
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- Cactus Forest, AZ: higher priced homes
- Butler, SD: less expensive homes
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