
Affordable
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These days, finding an affordable place to live in the Lake Havasu City area can be challenging. Home prices in Lake Havasu City are now at a median cost of $451,465, higher than the Arizona average of $421,436.
The average cost of rent is $1,447/mo in Lake Havasu City, primarily driven by the current value of real estate in the Lake Havasu City area. In Lake Havasu City, 25.82% of households rent, and 44.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Havasu City is $6,150 per month. Households that rent pay about 23.53% of their income on rent here. Lake Havasu City’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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Cities with Similar Populations
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