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These days, finding an affordable place to live in the Springerville area can be challenging. Home prices in Springerville are now at a median cost of $244,173, lower than the Arizona average of $421,436.
The average cost of rent is $1,081/mo in Springerville, primarily driven by the current value of real estate in the Springerville area. In Springerville, 21.32% of households rent, and 58.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Springerville is $5,575 per month. Households that rent pay about 19.39% of their income on rent here. Springerville’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eagar, AZ: equally priced homes
- Greer, AZ: higher priced homes
- Escudilla Bonita, NM: higher priced homes
- Red Hill, NM: higher priced homes
- Vernon, AZ: equally priced homes
- McNary, AZ: less expensive homes
- Pinetop Country Club, AZ: higher priced homes
- Pinetop, AZ: less expensive homes
- Hondah, AZ: less expensive homes
- Pinetop-Lakeside, AZ: higher priced homes
Cities with Similar Populations
- Leicester, NY: less expensive homes
- Smoaks, SC: less expensive homes
- Slater, IA: equally priced homes
- Peletier, NC: higher priced homes
- Orleans, VT: less expensive homes
- Norwood Court, MO: less expensive homes
- Montreal, MO: less expensive homes
- Milford, KS: equally priced homes
- McKenney, VA: equally priced homes
- Luthersville, GA: less expensive homes
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