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Affordable
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These days, finding an affordable place to live in the Shumway area can be challenging. Home prices in Shumway are now at a median cost of $257,372, lower than the Arizona average of $421,436.
The average cost of rent is $698/mo in Shumway, primarily driven by the current value of real estate in the Shumway area. In Shumway, 14.35% of households rent, and 45.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shumway is $4,926 per month. Households that rent pay about 14.16% of their income on rent here. Shumway’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Taylor, AZ: higher priced homes
- White Mountain Lake, AZ: less expensive homes
- Linden, AZ: higher priced homes
- Show Low, AZ: higher priced homes
- Pinedale, AZ: higher priced homes
- Clay Springs, AZ: equally priced homes
- Concho, AZ: less expensive homes
- Vernon, AZ: equally priced homes
- Overgaard, AZ: higher priced homes
- Heber-Overgaard, AZ: higher priced homes
Cities with Similar Populations
- Detmold, MO: equally priced homes
- Vail, PA: equally priced homes
- Upper Rociada, NM: equally priced homes
- Unity, OR: equally priced homes
- Union Hill, LA: less expensive homes
- Tusquitee, NC: equally priced homes
- Tuscarora, MD: higher priced homes
- Dill, TN: less expensive homes
- Dexter, IL: less expensive homes
- Valley-Hi, PA: less expensive homes
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