The Most Affordable Neighborhoods in Steamboat Canyon, AZ by Home Value

These days, finding an affordable place to live in the Steamboat Canyon area can be challenging. Home prices in Steamboat Canyon are now at a median cost of $32,894, lower than the Arizona average of $421,436.

The average cost of rent is $698/mo in Steamboat Canyon, primarily driven by the current value of real estate in the Steamboat Canyon area. In Steamboat Canyon, 6.38% of households rent, and 99.31% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Steamboat Canyon is $2,334 per month. Households that rent pay about 29.88% of their income on rent here. Steamboat Canyon’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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