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Affordable
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These days, finding an affordable place to live in the Octave area can be challenging. Home prices in Octave are now at a median cost of $579,700, higher than the Arizona average of $421,436.
The average cost of rent is $1,093/mo in Octave, primarily driven by the current value of real estate in the Octave area. In Octave, 2.95% of households rent, and 52.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Octave is $6,766 per month. Households that rent pay about 16.16% of their income on rent here. Octave’s most expensive areas are in the central regions, while the cheapest areas are in the central 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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Cities with Similar Populations
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