Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Riverside area can be challenging. Home prices in Riverside are now at a median cost of $369,321, lower than the Tempe average of $449,695.
The average cost of rent is $1,741/mo in Riverside, primarily driven by the current value of real estate in the Riverside area. In Riverside, 86.74% of households rent, and 35.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Riverside is $5,704 per month. Households that rent pay about 30.52% of their income on rent here. Riverside’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Sunset, Tempe, AZ: equally priced homes
- Tempe Junction, Tempe, AZ: higher priced homes
- Downtown Tempe, Tempe, AZ: higher priced homes
- Meyer Park, Tempe, AZ: equally priced homes
- Baseline-Hardy, Tempe, AZ: less expensive homes
- Peterson, Tempe, AZ: equally priced homes
- Escalante, Tempe, AZ: less expensive homes
- Wood Park, Tempe, AZ: less expensive homes
- Tempe Royal Estates, Tempe, AZ: higher priced homes
- South Scottsdale, Scottsdale, AZ: higher priced homes
Neighborhoods with Similar Populations
- Albright, Buffalo, NY: higher priced homes
- Milkhouse, Mobile, AL: less expensive homes
- Lone Star, San Antonio, TX: equally priced homes
- Los Volcanes, Albuquerque, NM: less expensive homes
- Lower East, Santa Barbara, CA: higher priced homes
- Malibar Heights, Mobile, AL: less expensive homes
- Manton, Providence, RI: less expensive homes
- Maple Heights-Lake Desire, Renton, WA: higher priced homes
- Meadowlawn, St. Petersburg, FL: equally priced homes
- Midtown Springfield, Springfield, MO: less expensive homes
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