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These days, finding an affordable place to live in the Tonopah area can be challenging. Home prices in Tonopah are now at a median cost of $335,360, lower than the Arizona average of $421,436.
The average cost of rent is $1,374/mo in Tonopah, primarily driven by the current value of real estate in the Tonopah area. In Tonopah, 14.76% of households rent, and 32.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tonopah is $5,788 per month. Households that rent pay about 23.73% of their income on rent here. Tonopah’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.
Nearby Cities
- Arlington, AZ: equally priced homes
- Palo Verde, AZ: higher priced homes
- Buckeye, AZ: higher priced homes
- Liberty, AZ: higher priced homes
- Waddell, AZ: higher priced homes
- Goodyear, AZ: higher priced homes
- Litchfield Park, AZ: higher priced homes
- Luke Afb, AZ: higher priced homes
- Avondale, AZ: higher priced homes
- Maricopa Village, AZ: higher priced homes
Cities with Similar Populations
- Marlborough, CT: higher priced homes
- Ramblewood, NJ: higher priced homes
- Rainier, OR: higher priced homes
- Prospect Park, PA: less expensive homes
- Primera, TX: less expensive homes
- Meadowview, VA: less expensive homes
- Mead, CO: higher priced homes
- Maysville, GA: less expensive homes
- Marlin, TX: less expensive homes
- Ramseur, NC: less expensive homes
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