Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Phoenix area can be challenging. Home prices in Phoenix are now at a median cost of $416,561, lower than the Oregon average of $502,078.
The average cost of rent is $1,208/mo in Phoenix, primarily driven by the current value of real estate in the Phoenix area. In Phoenix, 29.31% of households rent, and 44.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Phoenix is $6,050 per month. Households that rent pay about 19.96% of their income on rent here. Phoenix’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Talent, OR: higher priced homes
- Medford, OR: equally priced homes
- Table Rock, OR: higher priced homes
- Jacksonville, OR: higher priced homes
- Central Point, OR: equally priced homes
- Ashland, OR: higher priced homes
- Ruch, OR: higher priced homes
- White City, OR: less expensive homes
- Eagle Point, OR: equally priced homes
- Lakecreek, OR: higher priced homes
Cities with Similar Populations
- Tazewell, TN: less expensive homes
- Fruitvale, CO: less expensive homes
- Furlong, PA: higher priced homes
- Summerdale, AL: less expensive homes
- Sunset, LA: less expensive homes
- Swansboro, NC: less expensive homes
- Swansea, SC: less expensive homes
- Tallulah, LA: less expensive homes
- Taylor Mill, KY: less expensive homes
- Friday Harbor, WA: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood