Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New River area can be challenging. Home prices in New River are now at a median cost of $448,240, higher than the Arizona average of $274,828.
The average cost of rent is $1,719/mo in New River, primarily driven by the current value of real estate in the New River area. While nearly 24.48% of residents own their homes outright in New River, 7.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in New River is $8,704 per month. Households that rent pay about 19.75% of their income on rent here. New River's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Anthem, AZ: less expensive homes
- Cave Creek, AZ: higher priced homes
- Carefree, AZ: higher priced homes
- Rio Verde, AZ: higher priced homes
- Wittmann, AZ: less expensive homes
- Circle City, AZ: less expensive homes
- Morristown, AZ: less expensive homes
- Wickenburg, AZ: less expensive homes
- Jakes Corner, AZ: less expensive homes
- Tonto Basin, AZ: less expensive homes
Cities with Similar Populations
- St. Joseph, MI: less expensive homes
- Frankfort, IN: less expensive homes
- Fulshear, TX: equally priced homes
- Fulton, NY: less expensive homes
- Gardner, MA: less expensive homes
- Gatesville, TX: less expensive homes
- Shorewood, IL: less expensive homes
- Sonora, CA: less expensive homes
- Spring Lake, NC: less expensive homes
- Fort Bragg, NC: less expensive homes
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