The Most Affordable Neighborhoods in Tonto Basin, AZ by Home Value

 

Tonto Basin, AZ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Tonto Basin area can be challenging. Home prices in Tonto Basin are now at a median cost of $154,111, lower than the Arizona average of $274,828.

The average cost of rent is $380/mo in Tonto Basin, primarily driven by the current value of real estate in the Tonto Basin area. While nearly 75.78% of residents own their homes outright in Tonto Basin, 14.58% rent.

Housing affordability isn’t just about home prices, though. The average household income in Tonto Basin is $2,642 per month. Households that rent pay about 14.38% of their income on rent here. Tonto Basin's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.


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