Property Prices in Phoenix, AZ, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.87 |
| Mortgage as Percentage of Income: | 34.62% |
| Loan Affordability Index: | 2.89 |
| Price to Rent Ratio - City Centre: | 11.17 |
| Price to Rent Ratio - Outside of Centre: | 10.98 |
| Gross Rental Yield (City Centre): | 8.95% |
| Gross Rental Yield (Outside of Centre): | 9.11% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,631.69 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,369.30 $ | |
| Apartment (3 bedrooms) in City Centre | 2,507.56 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,271.64 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 345.19 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 293.88 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,447.90 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.51 |
These data are based on 268 entries in the past 18 months from 54 different contributors.
Last update: February 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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