Similar to its nearby areas, it is significantly less expensive compared to the United States as a whole. It's substantially less expensive compared to the city of Phoenix.
Home prices
The median home in Arizona City costs $112,500. This is about $1,260 (1%) lower in comparison to its nearby areas.In comparison to the country as a whole it is approximately $105,000 (48%) lower, and compared to the city of Phoenix is roughly $122,900 (52%) lower.
Rents
In Arizona City the median rent is $932 a month. It is roughly $95 (11%) higher in comparison to its nearby areas.Compared to the nation as a whole it is approximately $130 (12%) lower, and it is about $121 (11%) lower in comparison to the city of Phoenix.
Nearby places
Eloy
Eloy is Arizona City's neighbor to the east. The real estate prices there are somewhat less expensive. The cost of the median home in Eloy is $100,100, which works out to $12,400 (12%) lower than Arizona City. Its rents are somewhat less expensive. In Eloy the median rent is $718 a month, which is $214 (29%) lower than Arizona City.
Picacho
Picacho is approximately 9 miles east from Arizona City. Its real estate prices are substantially less expensive. The price of the median home in Picacho is $51,700, which is $60,800 (117%) lower than Arizona City. Rents there are somewhat less expensive. Picacho's median rent is $843 a month, which comes out to $89 (10%) lower than Arizona City.
Casa Grande
Casa Grande is roughly 12 miles north from Arizona City. Housing prices there are somewhat more expensive. Casa Grande's median home value is $150,400, which is $37,900 (25%) higher than Arizona City. Rents there are fairly similar. In Casa Grande the median rent is $957 per month, which comes out to $25 (2%) higher than Arizona City.
Coolidge
Coolidge is approximately 15 miles northeast of Arizona City. The real estate prices there are similar. The median home in Coolidge is valued at $113,100, which is very similar to Arizona City. The rent there is a little less expensive. Coolidge's median monthly rent is $842, which comes out to $90 (10%) lower than Arizona City.
Florence
Florence is approximately 26 miles northeast of Arizona City. Its housing prices are a little more expensive. The median home in Florence costs $153,500, which comes out to $41,000 (26%) higher than Arizona City. Rents there are a bit less expensive. The median monthly rent in Florence is $824, which comes out to $108 (13%) lower than Arizona City.