Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Peterson area can be challenging. Home prices in Peterson are now at a median cost of $387,252, lower than the Tempe average of $449,695.
The average cost of rent is $1,723/mo in Peterson, primarily driven by the current value of real estate in the Peterson area. In Peterson, 74.71% of households rent, and 29.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peterson is $5,399 per month. Households that rent pay about 31.92% of their income on rent here. Peterson’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Baseline-Hardy, Tempe, AZ: less expensive homes
- Wood Park, Tempe, AZ: less expensive homes
- Tempe Royal Estates, Tempe, AZ: higher priced homes
- Meyer Park, Tempe, AZ: equally priced homes
- Tempe Junction, Tempe, AZ: higher priced homes
- Downtown Tempe, Tempe, AZ: higher priced homes
- Sunset, Tempe, AZ: less expensive homes
- Riverside, Tempe, AZ: equally priced homes
- Escalante, Tempe, AZ: less expensive homes
- Southwest Mesa, Mesa, AZ: equally priced homes
Neighborhoods with Similar Populations
- Willowcreek, Sacramento, CA: higher priced homes
- Washington Village, Boulder, CO: higher priced homes
- Downtown Charlotte, Charlotte, NC: higher priced homes
- Culebra Park, San Antonio, TX: less expensive homes
- Columbia Heights, San Antonio, TX: less expensive homes
- Cazenovia Park, Buffalo, NY: less expensive homes
- Cal-Gisler, Oxnard, CA: higher priced homes
- Buffalo Charles, Detroit, MI: less expensive homes
- Brookside, Tulsa, OK: equally priced homes
- Brookland, Washington, DC: higher priced homes
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