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Phoenix's Sky Harbor International Airport transported 22,443,552 passengers out of the city in 2019, making it the 13th busiest airport in the nation. Phoenix also has a bus, rail, and bike-share system to help people get around the city. Buying a home builds wealth – Buying a home means you own it. Right off the bat, you only own the portion for which you put a down payment on, but eventually you build up equity.
Take a scenic drive through the area to check out the variety of trees and gorgeous views. Or get up close and enjoy the mountains, creeks, lakes, and wildlife. You can go hunting, fishing, boating, biking, mountain climbing, and skiing, and then spend the night in a cabin or brave it under the stars. Much of the state is covered in desert, but there are many forested areas and lakes. Overall, Arizona has lots of natural beauty, from the golden desert views to the rocky mountain landscapes to its crown jewel - the Grand Canyon.
Top Reasons to Live in Tempe AZ
What began as the headquarters for the construction of the Davis Dam in the 1940s is now the retail hub for the region with a population of 40,884. Its location along Lake Mead is desirable to both its residents and tourists. Bullhead City has 33 miles of shoreline offering every type of water activity, and the nearby Newberry, Spirit, and Black Mountains provide a full line of outdoor recreation. Tourists range from people who visit the Nevada casinos and cross the river for a quick getaway to winter guests who come for the warm weather and calm environment. Arizona has become quite a sports-based city, now boasting four major league teams along with a WNBA team. The Arizona Cardinals are the city’s NFL football team; the Coyotes take the ice for Arizona in the NHL; the Diamondbacks are Arizona’s home team in MLB; the Phoenix Suns are the metro area’s NBA team.
The best calculators will consider various factors such as opportunity costs, anticipated appreciation, tax breaks, etc. Some will use a net present value calculation to compare the total costs over time. A rent vs buy calculator compares the total cost of renting with the total cost of buying to help you make the right decision.
Neighborhoods in Phoenix, AZ
The home you’re renting will eventually be yours, so if you want to paint it, you can! You can even redo the floors, change the kitchen cabinets, and more. We encourage future homeowners to make homes feel like their own. For a full list of permissible renovations, you can check our guidelines. On our 10% Purchase Credit program, you'd get a refund of 8% of the original home purchase price.
Kiwanis Park also offers sports fields, as well as tennis courts, an indoor wave pool, and more. Golfers tend to flock to the ASU Karsten Golf Course, and many more courses in surrounding cities are just a short drive away. Check out Tempe, AZ rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Average Home Prices in Arizona
Unlike a traditional mortgage, ZeroDown allows you to live in your home without a mortgage or the large cash reserves necessary for a down payment, property taxes, or home insurance. We understand that while a lot of people are ready to be homeowners, their finances may need time to catch up. With ZeroDown, you’ll have a three-year window where you can enjoy all the benefits of homeownership, with all the flexibility of renting.
With MHVillage, you can easily stay up to date with the latest mobile home listings in Arizona. Use our city, county, and metro lists above to find manufactured homes across the state. You can also click on the map to narrow your search and browse homes in nearby areas. Listings provided by brokerages other than Redfin are identified with the MLSSAZ IDX Logo. Because homes for sale include disclosures and home inspections, buyers have more information about the history and quality of a home than a renter would.
Popular Arizona Cities
Thirsty Lion Pub and Grill is just one option for food and drinks here. There are also outdoor fireplaces surrounded by comfortable seating so you can enjoy the live music coming from the outdoor stages of this shopping center. When applying for a loan, we commonly require you to provide a valid social security number and submit to a credit check. Consumers who do not have the minimum acceptable credit required are unlikely to be approved. Any loan product that we may offer you will carry fees or costs including closing costs, origination points, and/or refinancing fees. In many instances, fees or costs can amount to several thousand dollars and can be due upon the origination of the loan product.
In fact, in 2018 Phoenix experience a rental increase of 6.8%. This more than doubled the national average rent increase of 3.1%. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The cost of living in Arizona is 2.2% higher than the national average. Cities range from affordable to expensive, with many of them at or below average.
Save this search to get email alerts when listings hit the market. Homes in Phoenix are on the newer side, with many found in recently built planned communities and others constructed in smaller developments over the past 40 years. Single-family dwellings are the mainstay of the area, though townhouses and condominiums can be found as well. The suburbs surrounding downtown have neighborhoods that have their own character and vibe, so finding something that ‘feels’ right should be possible for every type of buyer. The area grew to 11 acres, and soon civilians started to move to the vicinity. By 1830, Tucson had developed into an entire Mexican village.
Move into your dream home, rent it monthly with built-in savings that accumulate towards an eventual down payment. Buy when you're ready -- in 30 days, in 3 years, or any time in between. Phoenix's economy has changed drastically over the years as well. What used to be a farming community has transitioned into a diverse market led by industries such as tourism, business services, financial services, technology, and manufacturing.
The average cost of living in Arizona is 2.2% higher than the national average, but Tucson is 10.6% lower than the state and 8.4% less than the rest of the country. Expenses like groceries, health, housing, utilities, and transportation are all below average. Nevertheless, nearby municipalities such as Sahuarita, Marana, and Oro Valley are between 4.4% and 17.5% more costly than Tucson.
With an average cost of living and excellent schools, many families find that Mesa is a good place to live. There are a number of large corporations that employ a great number of people. The largest include Mesa Public Schools, which employs 9,500 people, and Banner Health, which counts on its 8,650 employees to help operate several hospitals and clinics here. Other employers that have a few thousand employees each include Boeing, Wal-Mart, and Mesa Community College, which is the largest community college in Maricopa County. So if you have some skills in the education, health, retail, or aerospace fields, finding a job in Mesa should be possible.
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