The median home price in Arizona is $422,243, which has increased by 0.9% since the last year. The Arizona housing market has witnessed 10.2% year-over-year growth in the number of homes listed. With a 4-month supply, you will get your dream house with more chances to negotiate.
As per our research, home prices are relatively higher near the Phoenix metropolitan area, AZ. On the other hand, as you move towards the rural and suburban areas of the Grand Canyon State, you can find cheaper housing options.
4 Reasons to live in Arizona 🌄
- Cheaper Houses: The median home sale price in Arizona is ~$422K. But you can get affordable houses ranging between $155K and $300K in cities like Douglas, San Luis, and Eloy.
- Tax Benefits: Arizona’s standard deduction amount was $13,850 for a single taxpayer in 2023. The same pattern is expected to follow in 2024 as well.
- Affordable Healthcare: Healthcare costs in cities that are mentioned in this blog are up to 8% lower than the state average. In some cities, average healthcare costs are even cheaper than the national average.
- Cheaper Rentals: The rent prices in these cities are lower than the national average. You can save up to $200 per month in rent.
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Cheapest Places to Live in Arizona in 2024
This list provides insights into the average household income, median listing price, population, unemployment rate, and poverty rate of the cities.
| City | Median Household Income | Median Home Value | Population | Unemployment Rate | Poverty Rate |
|---|---|---|---|---|---|
| Douglas | $41,594 | $155,795 | 15,589 | 4.9% | 29.1% |
| San Luis | $46,747 | $231,764 | 35,770 | 6.1% | 24.9% |
| Eloy | $57,364 | $246,016 | 17,042 | 6.4% | 18.9% |
| Kingman | $56,360 | $264,132 | 34,918 | 4.6% | 13.4% |
| Yuma | $59,312 | $284,645 | 98,527 | 14.8% | 16.1% |
| Coolidge | $60,682 | $285,565 | 16,711 | 6.4% | 21.6% |
| Bullhead City | $47,129 | $300,349 | 42,920 | 4.9% | 18.9% |
7 Cheapest Places to Live in AZ
The annual population growth of 14.9% since 2010 shows that people are moving to the Grand Canyon State. If you’re planning to move to Arizona, here are some cities that offer affordable living options:
1. Douglas
| 🟢 Cost of Living Compared to National Average | 22%⬇️ |
| 🏡 Median Home Price | $155,795 |
| 💲 Median Rent | $750 |
| 🚗 Known For | Art Car World |
Douglas is an affordable place to live in Arizona. Its median house rent ranges from $500 – $1,050. There is a population increase of 0.29% since 2020 in the city due to its low cost of living and affordable housing.
Douglas is situated near the Mexican border and is a charming and inviting city. It has over 100 years of rich history, with famous landmarks including Hotel Gadsden and the Mexican Consulate, contributing to its cultural appeal.
» Homes for Sale in Douglas, AZ: Find your dream home in this city.
2. San Luis
| 🟢 Cost of Living Compared to National Average | 14%⬇️ |
| 🏡 Median Home Price | $231,764 |
| 💲 Median Rent | $1,550 |
| 🏞️ Known For | Joe Orduno Park |
San Luis is one of the most budget-friendly rental destinations in Arizona with an average home rent ranging between $625 – $1,550. It also offers affordable transportation which is 2% lower than the national average.
San Luis has an excellent education system. It is home to renowned institutes like Arizona Western College and Arizona State University, Yuma.
» Homes for Sale in San Luis, AZ: Browse thousands of property listings in this city.
3. Eloy
| 🟢 Cost of Living Compared to National Average | 12%⬇️ |
| 🏡 Median Home Price | $246,016 |
| 💲 Median Rent | $1,150 |
| 🪂 Known For | Skydiving |
With rental costs below the national average, Eloy stands as one of the most affordable cities to live in Arizona. The house rent price is between $592 – $3,605.
Eloy is famous for its exciting recreational options, with skydiving taking center stage. Sawtooth Dropzone and Skydive Arizona are some of the top choices for enthusiasts seeking breathtaking views of the Arizona desert.
» Homes for Sale in Eloy, AZ: View all the properties for sale in this city.
4. Kingman
| 🟢 Cost of Living Compared to National Average | 12%⬇️ |
| 🏡 Median Home Price | $264,132 |
| 💲 Median Rent | $1,400 |
| 🖼️ Known For | Historic Route 66 Museum |
Kingman offers budget-friendly living with a median rent of $1,400, which is $600 lower than the national median. With monthly utility costs being 10% lower than the national average, the city stands out as one of the most inexpensive places to live in Arizona.
Kingman is renowned for its rich history. The Arizona Route 66 Museum offers insights into the iconic highway’s cultural and historical importance.
» Homes for Sale in Kingman, AZ: Browse through thousands of affordable properties.
5. Yuma
| 🟢 Cost of Living Compared to National Average | 4%⬇️ |
| 🏡 Median Home Price | $284,645 |
| 💲 Median Rent | $1,500 |
| 🏞️ Known For | State Historic Park |
The cost of living in Yuma is 12% lower than the national average. The city is also known as the “Winter Lettuce Capital of the World” and the the average food expenses are 1% lower than the national average.
Yuma’s affordable food, health, housing, and transportation facilities make it one of the cheapest places to live in the US.
» Homes for Sale in Yuma, AZ: Browse through thousands of properties in the Sunniest City on Earth.
6. Coolidge
| 🟢 Cost of Living Compared to National Average | 9%⬇️ |
| 🏡 Median Home Price | $285,565 |
| 💲 Median Rent | $1,695 |
| 🏫 Known For | Casa Grande Ruins National Monument |
Coolidge is one of the cheapest places to live in Arizona. With an average household income of $60,682, you can comfortably live in the city.
Coolidge offers a variety of attractions such as Casa Grande Ruins National Monument, which showcases the area’s rich history. Additionally, the city is also home to the Pinal Geology and Mineral Museum, that add to the overall appeal of the city.
» Homes for Sale in Coolidge, AZ: Find a home in one of the cheapest places to live in Arizona.
7. Bullhead City
| 🟢 Cost of Living Compared to National Average | 9%⬇️ |
| 🏡 Median Home Price | $300,349 |
| 💲 Median Rent | $1,600 |
| 🖼️ Known For | Colorado River Museum |
Bullhead City is one of the best places to live in Arizona. The median home price in the city is $300,349. The monthly expenditure on food for an individual amounts to $566. This makes it one of the most budget-friendly options across the state.
Situated near the borders of Nevada and California, Bullhead City is renowned for its moderate climatic conditions. You can enjoy picturesque mountain and lake views, along with delightful year-round sunshine.
» Homes for Sale in Bullhead City, AZ: Get yourself a home in this vibrant city.
- 🏡 Do You Need Professional Assistance While Buying a Home?
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Bottom Line
The cost of living in Arizona is 6% higher than the national average. It is home to some of the most expensive cities in America. However, if you want to shift to Arizona, you can find affordable housing in cities like Douglas, San Luis, and Kingman.
Cities like Coolidge and Bullhead City have a slightly expensive cost of living but provide better job opportunities. You must research the city’s home prices and living costs before relocating.
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View 4,561 Homes For Sale in Arizona
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» Need More Clarity? Read these exclusive Houzeo reviews and learn why the platform is the best in America’s competitive housing market.
Research Methodology
We’ve created this list by considering factors such as cost of living, median home price, and rental price range. We have also accounted for the population, median household income, poverty rate, and unemployment rate in these cities.
To compile this list of the cheapest areas to live in Arizona, we have drawn data from the Economic Research Institute, World Population Review, Rent Cafe, and Zillow.
Frequently Asked Questions
Which is the cheapest place to live in Arizona?
The cheapest place to live in Arizona is Douglas. It offers affordable transportation that costs 26.5% lower than the national average.
Which is the best place to live in Arizona?
The best place to live in Arizona is Gilbert, followed by Scottsdale, Flagstaff, Tucson, Chandler, Phoenix, and Mesa.
Is Arizona the cheapest place to live in?
No, it is not. Its average home value in Arizona is $422,243. However, it is cheaper than other expensive states like Hawaii, Maryland, and Massachusetts.
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