Property Prices in Phoenix, AZ, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 4.02 |
| Mortgage as Percentage of Income: | 35.94% |
| Loan Affordability Index: | 2.78 |
| Price to Rent Ratio - City Centre: | 11.23 |
| Price to Rent Ratio - Outside of Centre: | 10.73 |
| Gross Rental Yield (City Centre): | 8.90% |
| Gross Rental Yield (Outside of Centre): | 9.32% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,664.45 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,388.38 $ | |
| Apartment (3 bedrooms) in City Centre | 2,632.65 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,259.07 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 358.29 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 289.01 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,337.19 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.50 |
These data are based on 285 entries from 54 contributors over the past 18 months.
Last update: April 2025
Sources and References
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Nearby Cities:| Property Prices in Scottsdale, Arizona | 12.83 miles |
| Property Prices in Peoria, Arizona | 13.45 miles |
| Property Prices in Cottonwood, Arizona | 103.09 miles |
| Property Prices in Tucson, Arizona | 116.20 miles |
| Property Prices in Indio, California | 246.45 miles |
| Property Prices in Imperial, California | 248.19 miles |
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