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Bullhead City
- According to a list compiled by HomeSnacks, which analyzed census data on home prices, rents and incomes, the cheapest place to live in Arizona is Bullhead City, a city bordering the Colorado River and Nevada with a median home price of $301,043, median rent of $944 and median income of $47,129.
www.msn.com › en-us › moneyArizona City Named The 'Cheapest' Place To Live In The State
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Aug 1, 2023 · Redfin has collected 11 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: $299,500. Average sale price per square foot: $193. Average rent for a 1-bedroom apartment: $995.
- Alison Bentley
Dec 24, 2023 · This is an accurate list of the most affordable places to live in Arizona for 2024, if you’re looking at the cost of living numbers in Arizona. The cheapest cities in Arizona are Bullhead City, Guadalupe, Coolidge, Kingman, Eloy, Apache Junction, Florence, Somerton, Benson, and Douglas.
- Top Affordable Cities in Arizona
- How Affordable Is Housing in Arizona?
- Best Overall: Flowing Wells
- Best For Families: Sahuarita
- Best For First-Time Home Buyers: Coolidge
- Best For Retirees: Apache Junction
- Best For Renters: Florence
- The Benefits of A Good Real Estate Agent
- Methodology
Affordability might be your number one reason for moving, but there are other factors to consider as well. To help narrow down your search for your next dream home, we took a look at factors such as top schools, best areas for retirees, and more. We found not only the most affordable places to live in Arizona, but the ones that will fit your lifest...
Arizona is one of the fastest-growing states in the U.S., and the increase in population is causing the cost of living, especially housing costs, to skyrocket. As real estate prices soar, so does PTI (price-to-income ratio), a standard calculation that reflects home affordability in an area. According to the most recent data from the US Census Bure...
If you’re looking for the most affordable place to buy a house in Arizona, Flowing Wellsshould be at the top of your list. The median home is valued at $44,900 and the median household income is $34,581 a year. Additionally, most households pay less than $800 in property taxes per year. If you plan to rent, the median cost is about $840 per month —...
Located just south of Tucson, Sahuarita’s reasonable PTI ratio, low crime rate, and highly rated school system makes this city an ideal choice for families with children. The Sahuarita Unified District was ranked among the top five school districts in Arizonain 2020 and boasts a graduation rate of 88%. The population also strikes a good balance bet...
Conservative home costs, a younger population, and a low cost of living make Coolidgea great option for first-time home buyers who want to start building equity. Although the median household income in Coolidge is under $50,000, the average home in the area is still highly affordable. New homeowners who prefer smaller cities will appreciate the var...
Arizona is a well-known hotspot for retirees, yet there aren’t enough affordable retirement communities and senior living facilities to meet the rising demands. Apache Junction, just outside of the Phoenix metro area, is one exception. With a PTI ratio of just 2.6 and median gross rent of $811, residents can enjoy the warm weather, golf courses, an...
Located south of Phoenix, the city of Florenceis a bit pricier for home buyers. However, the median gross rent is just $827, compared with the state median of $1,097. Florence residents can also enjoy a cost of living that’s 13% below the national average. Compared with national figures, Florence residents pay less on average for housing, health ca...
You might be wondering why you need a real estate agent if you've just started researching affordable places to live. You don't need one until you've decided on a house to buy, right? Actually, it's never too early to start looking for the perfect agent. In fact, a realtor early can help narrow your search for a new place to live even faster than r...
We selected the most affordable cities by analyzing each city's price-to-income (PTI) ratio, which is calculated by dividing each city's median home value by its median household income (both from the latest US Census). While cities with PTI ratios close to or below 2.6 were considered, we looked beyond housing costs alone to determine each area’s ...
- Douglas. Home Price to Income Ratio: 2.82. Average Property Tax: $832. Median Household Income: $35,514. Come down to Douglas, the most affordable city in Arizona!
- Bullhead City. Home Price to Income Ratio: 3.38. Average Property Tax: $884. Median Household Income: $41,507. Bullhead City is home to approximately 40,000 residents.
- Coolidge. Home Price to Income Ratio: 2.30. Average Property Tax: $860. Median Household Income: $49,266. Drive southeast of Phoenix and you’ll find yourself in Coolidge, the next city on our list.
- Apache Junction. Home Price to Income Ratio: 2.31. Average Property Tax: $803. Median Household Income: $45,653. Apache Junction is about 30 miles east of Phoenix; if you’d prefer to live near the capital city without the big city rush, Apache Junction is an excellent choice.
What are the cheapest places to live in Arizona? Glad you asked. Arizona’s statewide cost of living is attractive, but some cities and towns stand out. (Remember that if you are choosing from among several locations to make your new home, you can examine the cost of living by state for each.) 1. Tucson. Photo credit: iStock/DenisTangneyJr.
While costs can vary significantly across the state, it’s surprisingly affordable to live in many Arizona communities–including some of the best-known cities and college towns. Here you’ll find the full list, along with the highlights that are the top 10 cheapest places to live in Arizona.
Oct 30, 2023 · 7 Cheapest Places to Live in Arizona, 2024. By: Emily Kho. October 30, 2023. Considering a move to the Grand Canyon State?
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