Home Price Key
Affordable
Average
Expensive
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 $253,585, lower than the Arizona average of $274,828.
The average cost of rent is $679/mo in Palo Verde, primarily driven by the current value of real estate in the Palo Verde area. While nearly 37.89% of residents own their homes outright in Palo Verde, 17.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palo Verde is $6,200 per month. Households that rent pay about 10.95% of their income on rent here. Palo Verde's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Arlington, AZ: less expensive homes
- Buckeye, AZ: higher priced homes
- Tonopah, AZ: less expensive homes
- Perryville, AZ: equally priced homes
- Liberty, AZ: higher priced homes
- Rainbow Valley, AZ: higher priced homes
- Goodyear, AZ: higher priced homes
- Avondale, AZ: less expensive 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: higher priced homes
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