
Expensive
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These days, finding an affordable place to live in the Power Ranch area can be challenging. Home prices in Power Ranch are now at a median cost of $536,077, lower than the Gilbert average of $598,799.
The average cost of rent is $2,021/mo in Power Ranch, primarily driven by the current value of real estate in the Power Ranch area. In Power Ranch, 27.24% of households rent, and 27.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Power Ranch is $9,735 per month. Households that rent pay about 20.76% of their income on rent here. Power Ranch’s most expensive areas are in the central 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
- San Tan Ranch, Gilbert, AZ: equally priced homes
- Sun Groves, Chandler, AZ: equally priced homes
- Southeast Mesa, Mesa, AZ: less expensive homes
- The Islands, Gilbert, AZ: equally priced homes
- Heritage District, Gilbert, AZ: less expensive homes
- Pecan Creek, San Tan Valley, AZ: less expensive homes
- Downtown Chandler, Chandler, AZ: less expensive homes
- Circle Cross Ranch, San Tan Valley, AZ: less expensive homes
- Clemente Ranch, Chandler, AZ: higher priced homes
- Castlegate, San Tan Valley, AZ: less expensive homes
Neighborhoods with Similar Populations
- West Akron, Akron, OH: less expensive homes
- Desert Hills, Cave Creek, AZ: higher priced homes
- Dupont Circle, Washington, DC: equally priced homes
- Dutchtown, St. Louis, MO: less expensive homes
- East Side-Bridgeport, Bridgeport, CT: less expensive homes
- Eastside Lansing, Lansing, MI: less expensive homes
- Education Hill, Redmond, WA: higher priced homes
- El Camino Real, Irvine, CA: higher priced homes
- Englewood, Chicago, IL: less expensive homes
- Evergreen, Detroit, MI: less expensive homes
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