Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Palo Verde area can be challenging. Home prices in Palo Verde are now at a median cost of $367,433, lower than the Arizona average of $421,436.
The average cost of rent is $1,165/mo in Palo Verde, primarily driven by the current value of real estate in the Palo Verde area. In Palo Verde, 28.62% of households rent, and 33.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palo Verde is $6,341 per month. Households that rent pay about 18.37% of their income on rent here. Palo Verde’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Arlington, AZ: equally priced homes
- Buckeye, AZ: higher priced homes
- Tonopah, AZ: equally priced homes
- Perryville, AZ: equally priced homes
- Liberty, AZ: higher priced homes
- Rainbow Valley, AZ: higher priced homes
- Goodyear, AZ: higher priced homes
- Avondale, AZ: equally priced homes
- Maricopa Village, AZ: higher priced homes
- Tolleson, AZ: equally priced homes
Cities with Similar Populations
- Steele, ND: less expensive homes
- South Mountain, TX: less expensive homes
- South Wilmington, IL: less expensive homes
- Spring Garden, PA: less expensive homes
- Spring Grove, VA: less expensive homes
- St. Francisville, IL: less expensive homes
- St. John, WA: less expensive homes
- St. Rose, IL: less expensive homes
- Stag Park, NC: less expensive homes
- Standish, CA: equally priced homes
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