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These days, finding an affordable place to live in the Mesa area can be challenging. Home prices in Mesa are now at a median cost of $407,446, lower than the Arizona average of $421,436.
The average cost of rent is $1,815/mo in Mesa, primarily driven by the current value of real estate in the Mesa area. In Mesa, 33.65% of households rent, and 34.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mesa is $7,767 per month. Households that rent pay about 23.37% of their income on rent here. Mesa’s most expensive areas are in the northeastern 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
- Higley, AZ: equally priced homes
- Gilbert, AZ: higher priced homes
- Tempe, AZ: higher priced homes
- Apache Junction, AZ: less expensive homes
- Guadalupe, AZ: less expensive homes
- Goldfield, AZ: higher priced homes
- Scottsdale, AZ: higher priced homes
- Paradise Valley, AZ: higher priced homes
- Gold Canyon, AZ: higher priced homes
- Phoenix, AZ: higher priced homes
Cities with Similar Populations
- Lees Summit, MO: less expensive homes
- Largo, FL: less expensive homes
- Lakewood, CA: higher priced homes
- Lakewood, CO: higher priced homes
- Lakewood, NJ: higher priced homes
- Kansas City, MO: less expensive homes
- Jacksonville, NC: less expensive homes
- Katy, TX: less expensive homes
- Joliet, IL: less expensive homes
- Janesville, WI: less expensive homes
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