Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the South Mountain area can be challenging. Home prices in South Mountain are now at a median cost of $356,340, lower than the Phoenix average of $470,578.
The average cost of rent is $1,629/mo in South Mountain, primarily driven by the current value of real estate in the South Mountain area. In South Mountain, 34.20% of households rent, and 34.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Mountain is $6,657 per month. Households that rent pay about 24.46% of their income on rent here. South Mountain’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- South Phoenix, Phoenix, AZ: equally priced homes
- Downtown Phoenix, Phoenix, AZ: equally priced homes
- Ahwatukee, Phoenix, AZ: higher priced homes
- Central Phoenix, Phoenix, AZ: higher priced homes
- Wood Park, Tempe, AZ: less expensive homes
- Baseline-Hardy, Tempe, AZ: less expensive homes
- Tempe Royal Estates, Tempe, AZ: higher priced homes
- Sunset, Tempe, AZ: equally priced homes
- Peterson, Tempe, AZ: equally priced homes
- Tempe Junction, Tempe, AZ: higher priced homes
Neighborhoods with Similar Populations
- Bushwick, Brooklyn, NY: higher priced homes
- Washington Heights, Manhattan, NY: higher priced homes
- Central, El Paso, TX: less expensive homes
- Southeast Los Angeles, Los Angeles, CA: higher priced homes
- Southeast Dallas, Dallas, TX: less expensive homes
- North Scottsdale, Scottsdale, AZ: higher priced homes
- North Mountain, Phoenix, AZ: equally priced homes
- Canarsie, Brooklyn, NY: higher priced homes
- South Side, Corpus Christi, TX: less expensive homes
- Camelback East, Phoenix, AZ: higher priced homes
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