Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Lemmon area can be challenging. Home prices in Mount Lemmon are now at a median cost of $453,965, higher than the Arizona average of $274,828.
The average cost of rent is $1,780/mo in Mount Lemmon, primarily driven by the current value of real estate in the Mount Lemmon area. While nearly 46.23% of residents own their homes outright in Mount Lemmon, 12.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Lemmon is $8,858 per month. Households that rent pay about 20.09% of their income on rent here. Mount Lemmon's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Campo Bonito, AZ: less expensive homes
- Saddlebrooke, AZ: less expensive homes
- Catalina, AZ: less expensive homes
- Catalina Foothills, AZ: equally priced homes
- Oro Valley, AZ: less expensive homes
- Casas Adobes, AZ: less expensive homes
- Redington, AZ: less expensive homes
- Marana, AZ: less expensive homes
- Picture Rocks, AZ: less expensive homes
- Avra Valley, AZ: less expensive homes
Cities with Similar Populations
- South Monmouth, ME: less expensive homes
- Smith, SC: less expensive homes
- Smoky Valley, KY: less expensive homes
- Sni Mills, MO: less expensive homes
- Snicarte, IL: less expensive homes
- Snowshoe, WV: less expensive homes
- Sonora, NY: less expensive homes
- Sorrelle, TX: less expensive homes
- South Aberdeen, WA: less expensive homes
- South Canaan, CT: less expensive homes
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