The Most Affordable Neighborhoods in Power Ranch, Gilbert, AZ by Home Value

 

Power Ranch, Gilbert, AZ Map of Most Affordable Neighborhoods
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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.


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