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These days, finding an affordable place to live in the Palominas area can be challenging. Home prices in Palominas are now at a median cost of $226,244, lower than the Arizona average of $421,436.
The average cost of rent is $1,037/mo in Palominas, primarily driven by the current value of real estate in the Palominas area. In Palominas, 7.18% of households rent, and 61.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palominas is $5,818 per month. Households that rent pay about 17.83% of their income on rent here. Palominas’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hereford, AZ: higher priced homes
- Miracle Valley, AZ: higher priced homes
- Sierra Vista Southeast, AZ: higher priced homes
- Nicksville, AZ: higher priced homes
- Naco, AZ: less expensive homes
- Don Luis, AZ: less expensive homes
- Bisbee, AZ: less expensive homes
- Bisbee Junction, AZ: less expensive homes
- Paul Spur, AZ: less expensive homes
- Lochiel, AZ: higher priced homes
Cities with Similar Populations
- Jefferson Island, MT: higher priced homes
- Willapa, WA: higher priced homes
- Wing, AL: less expensive homes
- Winger, MN: less expensive homes
- Jonesville, TN: higher priced homes
- Jolivue, VA: higher priced homes
- Jewell, KS: less expensive homes
- Winthrop, AR: less expensive homes
- Wonder, OR: higher priced homes
- Jefferson, MI: equally priced homes
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