12 Most Affordable Places to Live in Arizona in 2024
With awe-inspiring wonders like the Grand Canyon, warm climate, abundant sunshine, and stunning desert landscapes, Arizona is an amazing place to call home. If you’re currently living in Arizona or are considering moving to the state, then chances are you have a budget you’d like to stay under when it comes to renting or buying a home. As of June, Arizona’s median home sale price is $451,000.
If that price is out of your budget, don’t worry. We’ve got options to help you find a home. Redfin has collected 12 of the most affordable places to live in Arizona. And the best part is that they all have a median home sale price under the state’s average. From Yuma to Tucson, find out which cities made the list.
#1: Yuma
Median home price: $322,450
Average sale price per square foot: $197
Average rent for a 1-bedroom apartment: $995
Median household income: $52,183
Nearest major metro: San Diego, CA (175 miles)
Yuma, AZ homes for sale
Yuma, AZ apartments for rent
With a median home sale price of $322,450, Yuma lands the number one spot on our list as the most affordable place to live in Arizona. There are about 95,500 residents living in this mid-sized city. If you’re considering moving to this area make sure to visit the Yuma Territorial Prison State Historic Park, explore the Colorado River State Historic Park, and enjoy the scenic beauty of the Colorado River at Gateway Park.
#2: Casa Grande
Median home price: $330,000
Average sale price per square foot: $191
Average rent for a 1-bedroom apartment: $2,525
Median household income: $55,236
Nearest major metro: Phoenix (50 miles)
Casa Grande, AZ homes for sale
Casa Grande, AZ apartments for rent
Taking the second spot on our list of affordable cities to live in Arizona is Casa Grande, located south of Phoenix. When living in this city of 53,600 people, you can golf at one of the courses, spend the afternoon at David White Regional Park, and explore North Mountain Park.
#3: Tucson
Median home price: $335,000
Average sale price per square foot: $215
Average rent for a 1-bedroom apartment: $1,039
Median household income: $45,227
Nearest major metro: Phoenix (115 miles)
Tucson, AZ homes for sale
Tucson, AZ apartments for rent
Third is Tucson where about 542,600 residents currently live. The median home sale price is $335,000 which is about $115K less than the median home sale price in Arizona. Make sure to visit the Arizona-Sonora Desert Museum and explore the historic Mission San Xavier del Bac. While living in Tucson, you can also take a hike in Saguaro National Park, and discover the vibrant downtown scene and enjoy the eclectic shops and restaurants on 4th Avenue.
#4: Maricopa
Median home price: $355,000
Average sale price per square foot: $193
Median household income: $55,236
Nearest major metro: Tempe (30 miles)
Maricopa, AZ homes for sale
Maricopa, AZ apartments for rent
Only slightly more expensive than Tucson is the city of Maricopa, with a median home sale price of $355,000. Maricopa is located about 50 miles south of Phoenix. There are several top attractions you may want to check out in Maricopa, so make sure to check out one of the parks in town and visit the downtown area.
#5: Casas Adobes
Median home price: $374,900
Average sale price per square foot: $248
Median household income: $55,236
Nearest major metro: Tucson (7 miles)
Casas Adobes, AZ homes for sale
Casas Adobes, AZ apartments for rent
Another great affordable city to consider moving to is Casas Adobes. With 70,900 people living in this affordable town, Casas Adobes is a great option to consider when looking to stay in Arizona without paying the premium for a home in a larger city. In Casas Adobes, you can hike Mount Kimball, visit the desert habitat at Tohono Chul Gardens, Galleries, and Bistro, and check out one of the parks in town.
#6: Buckeye
Median home price: $405,492
Average sale price per square foot: $227
Median household income: $79,156
Nearest major metro: Phoenix (40 miles)
Buckeye, AZ homes for sale
Buckeye, AZ apartments for rent
Another well-known city is Buckeye, where the median home sale price is about $50K less than the state’s average. With just about 91,500 people living in Buckeye, it’s a great place to consider moving to in Arizona.
#7: Glendale
Median home price: $420,000
Average sale price per square foot: $245
Average rent for a 1-bedroom apartment: $1,795
Median household income: $56,991
Nearest major metro: Phoenix (11 miles)
Glendale, AZ homes for sale
Glendale, AZ apartments for rent
The seventh city is Glendale, a great place to consider moving to in Arizona where the population is about 248,300. Fun activities to do in Glendale include watching a Cardinals game at State Farm Stadium, exploring the Thunderbird Conservation Park, and visiting one of the parks located throughout the city.
#8: Avondale
Median home price: $424,462
Average sale price per square foot: $222
Average rent for a 1-bedroom apartment: $1,524
Median household income: $67,886
Nearest major metro: Phoenix (20 miles)
Avondale, AZ homes for sale
Avondale, AZ apartments for rent
Coming in eighth place on our list of affordable places to live in Arizona is Avondale. With a population of roughly 89,300, you’ll be living in a mid-sized city, but there is no shortage of things to do in Avondale. If you find yourself moving to this city make sure to hike through Estrella Mountain Regional Park, visit Festival Fields Park located along the Agua Fria River, and watch a race at the Phoenix Raceway.
#9: San Tan Valley
Median home price: $425,000
Average sale price per square foot: $220
Median household income: $74,455
Nearest major metro: Gilbert (25 miles)
San Tan Valley, AZ homes for sale
San Tan Valley, AZ apartments for rent
If you’ve lived in Arizona for a while, you may know our ninth city, San Tan Valley. About 99,900 people live in San Tan Valley. Once moving to San Tan Valley, you’ll want to tour the nearby Queen Creek Olive Mill and hike through San Tan Mountain Regional Park.
#10: Surprise
Median home price: $433,000
Average sale price per square foot: $239
Average rent for a 1-bedroom apartment: $1,574
Median household income: $71,192
Nearest major metro: Phoenix (15 miles)
Surprise, AZ homes for sale
Surprise, AZ apartments for rent
Next up on our list of affordable places is Surprise. This city has a population of 143,100 and you can golf at one of the many courses, visit the downtown area, and check out one of the parks throughout the city. There’s always something to do while living in Surprise.
#11: Marana
Median home price: $439,945
Average sale price per square foot: $231
Average rent for a 1-bedroom apartment: $1,721
Median household income: $89,689
Nearest major metro: Tucson (25 miles)
Marana, AZ homes for sale
Marana, AZ apartments for rent
With a median home sale price of $439,945, Marana is another affordable spot to consider moving to in Arizona. There are about 51,900 people living in this city, giving Marana a city-like feel without the hustle and bustle. If Marana is the city for you, be sure to hike along the Tortolita Preserve Trailhead, visit one of the many parks in town, or check out downtown Marana.
#12: Prescott Valley
Median home price: $449,950
Average sale price per square foot: $291
Average rent for a 1-bedroom apartment: $1,811
Median household income: $66,617
Nearest major metro: Flagstaff (87 miles)
Prescott Valley, AZ homes for sale
Prescott Valley, AZ apartments for rent
Taking the final spot on our list of most affordable places to live in Arizona is Prescott Valley. Located outside of the pricier city Prescott, this city is a great option to consider. Home to about 50,000 residents, Prescott Valley is located in between the Prescott National Forest and Montezuma Castle National Monument, making it an amazing place if you’re looking to explore Arizona’s landscapes. In Prescott Valley, make sure to explore one of the city’s parks, see an Arizona Sundogs game at Findlay Toyota Center, or take the short drive to the stunning Agua Fria National Monument.
Methodology: All cities must have over 50,000 residents per the US Census and have a median home sale price under the average median home sale price in Arizona. Median home sale price and median sale price per square foot from the Redfin Data Center during June 2024. Average rental data from Rent.com July 2023. Population and median household income data sourced from the United States Census Bureau.
The post 12 Most Affordable Places to Live in Arizona in 2024 appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.