The Most Affordable Neighborhoods in Red Mesa, AZ by Home Value

 

Red Mesa, AZ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Red Mesa area can be challenging. Home prices in Red Mesa are now at a median cost of $47,090, lower than the Arizona average of $274,828.

The average cost of rent is $834/mo in Red Mesa, primarily driven by the current value of real estate in the Red Mesa area. While nearly 91.48% of residents own their homes outright in Red Mesa, 17.42% rent.

Housing affordability isn’t just about home prices, though. The average household income in Red Mesa is $2,397 per month. Households that rent pay about 34.79% of their income on rent here. Red Mesa's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.


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