Home prices
The median home cost in Phoenix is $75,100. It is approximately $18,320 (19%) lower compared to other places in this area.In comparison to the entire country it is roughly $142,400 (65%) lower, and is roughly $182,900 (70%) lower compared to the city of Chicago.
Rents
In Phoenix the median monthly rent is $907. In comparison to nearby areas it is about $236 (20%) lower.In comparison to the United States as a whole it is approximately $155 (14%) lower, and it is about $205 (18%) lower compared to the city of Chicago.
Nearby places
Harvey
Harvey is Phoenix's neighbor to the west. Its housing prices are pretty similar. The median home value in Harvey is $73,700, which is $1,400 (1%) lower than Phoenix. The rent there is similar. In Harvey the median rent is $946 per month, which is $39 (4%) higher than Phoenix.
South Holland
South Holland is Phoenix's neighbor to the southeast. The housing prices there are significantly more expensive. The median home value in South Holland is $150,600, which works out to $75,500 (50%) higher than Phoenix. Rent there is substantially more expensive. South Holland's median rent is $1,500 per month, which works out to $593 (39%) higher than Phoenix.
Dolton
Dolton is approximately 1 mile northeast from Phoenix. Housing prices there are a little more expensive. The price of the median home in Dolton is $102,600, which is $27,500 (26%) higher than Phoenix. Rent there is somewhat more expensive. The median monthly rent in Dolton is $1,287, which works out to $380 (29%) higher than Phoenix.
Dixmoor
Dixmoor is roughly 2 miles northwest from Phoenix. Housing prices there are somewhat less expensive. The median home in Dixmoor costs $61,200, which is $13,900 (22%) lower than Phoenix. Its rents are a little more expensive. Dixmoor's median rent is $1,004 per month, which works out to $97 (9%) higher than Phoenix.
Riverdale
Riverdale is approximately 2 miles north of Phoenix. The housing prices there are pretty similar. Riverdale's median home cost is $79,000, which comes out to $3,900 (4%) higher than Phoenix. Its rents are a bit more expensive. In Riverdale the median rent is $980 per month, which works out to $73 (7%) higher than Phoenix.
