Affordable
Expensive
Expensive
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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 $328,467, lower than the Tucson average of $328,858.
The average cost of rent is $960/mo in Palo Verde, primarily driven by the current value of real estate in the Palo Verde area. In Palo Verde, 71.35% of households rent, and 23.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palo Verde is $4,242 per month. Households that rent pay about 22.63% of their income on rent here. Palo Verde’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Blenman-Elm, Tucson, AZ: higher priced homes
- Miramonte, Tucson, AZ: equally priced homes
- Midtown, Tucson, AZ: less expensive homes
- Sam Hughes, Tucson, AZ: higher priced homes
- North University, Tucson, AZ: higher priced homes
- Rincon Heights, Tucson, AZ: higher priced homes
- Hedrick Acres, Tucson, AZ: less expensive homes
- Prince Tucson, Tucson, AZ: equally priced homes
- West University, Tucson, AZ: less expensive homes
- Julia Keen, Tucson, AZ: less expensive homes
Neighborhoods with Similar Populations
- Sandusky Street Historic District, Delaware, OH: less expensive homes
- Pleasant Run Farm, Cincinnati, OH: less expensive homes
- Post Road North, Milford, CT: higher priced homes
- Provo South, Provo, UT: higher priced homes
- Pyne Poynt, Camden, NJ: less expensive homes
- Robinvale, Metuchen, NJ: higher priced homes
- Rolling Hills, Jacksonville, FL: less expensive homes
- Rosemont, Martinsburg, WV: less expensive homes
- Roxhill, Seattle, WA: higher priced homes
- Royal Lakes, Jacksonville, FL: less expensive homes
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