The Most Affordable Neighborhoods in Wood Park, Tempe, AZ by Home Value

 

Wood Park, Tempe, AZ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Wood Park area can be challenging. Home prices in Wood Park are now at a median cost of $200,685, lower than the Tempe average of $308,971.

The average cost of rent is $1,178/mo in Wood Park, primarily driven by the current value of real estate in the Wood Park area. While nearly 8.67% of residents own their homes outright in Wood Park, 70.08% rent.

Housing affordability isn’t just about home prices, though. The average household income in Wood Park is $5,267 per month. Households that rent pay about 22.37% of their income on rent here. Wood Park's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the neighborhood.


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