The Most Affordable Neighborhoods in Tempe Junction, Tempe, AZ by Home Value

 

Tempe Junction, Tempe, AZ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Tempe Junction area can be challenging. Home prices in Tempe Junction are now at a median cost of $321,228, higher than the Tempe average of $308,971.

The average cost of rent is $1,346/mo in Tempe Junction, primarily driven by the current value of real estate in the Tempe Junction area. While nearly 40.38% of residents own their homes outright in Tempe Junction, 61.05% rent.

Housing affordability isn’t just about home prices, though. The average household income in Tempe Junction is $5,115 per month. Households that rent pay about 26.32% of their income on rent here. Tempe Junction's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.


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