
Home Price Key
These days, finding an affordable place to live in the Payson area can be challenging. Home prices in Payson are now at a median cost of $265,515, lower than the Arizona average of $274,828.
The average cost of rent is $1,037/mo in Payson, primarily driven by the current value of real estate in the Payson area. While nearly 51.75% of residents own their homes outright in Payson, 19.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in Payson is $4,794 per month. Households that rent pay about 21.63% of their income on rent here. Payson's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Star Valley, AZ: higher priced homes
- Pine, AZ: higher priced homes
- Strawberry, AZ: higher priced homes
- Hunter Creek, AZ: equally priced homes
- Forest Lakes, AZ: higher priced homes
- Cordes Junction, AZ: equally priced homes
- Cordes Lakes, AZ: less expensive homes
- Spring Valley, AZ: less expensive homes
- Cleator, AZ: less expensive homes
- Mayer, AZ: less expensive homes
Cities with Similar Populations
- Santa Fe Springs, CA: higher priced homes
- Holly Springs, GA: equally priced homes
- Homewood, IL: less expensive homes
- Hood River, OR: higher priced homes
- Horseheads, NY: less expensive homes
- Hoschton, GA: higher priced homes
- Hunters Creek, FL: higher priced homes
- Indian Land, SC: higher priced homes
- Riverton, NJ: higher priced homes
- Rockingham, NC: less expensive homes
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