Most Affordable Neighborhoods in Phoenix - 2026 Data
The median home value in Phoenix is $330,000, 17% above nat'l avg. Median rent is $2,182/month. With an affordability index of 82, Phoenix is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Phoenix, AZ area.
Key Takeaways: Affordability in Phoenix
- 1The most affordable neighborhood in Phoenix is Desert Ridge, with a median home value of $450,000.
- 2Phoenix's median home value is $330,000, 17% above nat'l avg (national: $281,900).
- 3Phoenix's affordability index is 82 (baseline 100), making it less affordable than the national average.
- 4Median rent in Phoenix is $2,182/month, 88% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Phoenix to find the most affordable areas based on home values, rent, and affordability index.
Phoenix Affordability Overview
Median Home Value
$330,000
17% above nat'l avg
Median Rent
$2,182/mo
88% above nat'l avg
Median Income
$57,459
23% below nat'l avg
Affordability Index
82
18% below nat'l avg
Most Affordable Neighborhoods in Phoenix (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Desert RidgePhoenix, AZ | $450,000 |
| 2 | Downtown PhoenixPhoenix, AZ | $350,000 |
| 3 | Camelback EastPhoenix, AZ | $580,000 |
| 4 | ArcadiaPhoenix, AZ | $750,000 |
| 5 | PeoriaAZ | $380,000 |
| 6 | GlendaleAZ | $310,000 |
| 7 | SurpriseAZ | $360,000 |
| 8 | GilbertAZ | $450,000 |
| 9 | MesaAZ | $340,000 |
| 10 | ScottsdaleAZ | $560,000 |
| 11 | BuckeyeAZ | $341,700 |
| 12 | Oro ValleyAZ | $404,500 |
| 13 | MaricopaAZ | $292,300 |
| 14 | MaranaAZ | $347,700 |
| 15 | Lake Havasu CityAZ | $363,300 |