2026 Affordability Data
Most Affordable Neighborhoods in Tempe - 2026 Data
The median home value in Tempe is $370,000, 31% above nat'l avg. Median rent is $1,874/month. With an affordability index of 39, Tempe is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Tempe, AZ area.
Key Takeaways: Affordability in Tempe
- 1The most affordable neighborhood in Tempe is Peoria, with a median home value of $380,000.
- 2Tempe's median home value is $370,000, 31% above nat'l avg (national: $281,900).
- 3Tempe's affordability index is 39 (baseline 100), making it less affordable than the national average.
- 4Median rent in Tempe is $1,874/month, 61% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Tempe to find the most affordable areas based on home values, rent, and affordability index.
Tempe Affordability Overview
Median Home Value
$370,000
31% above nat'l avg
Median Rent
$1,874/mo
61% above nat'l avg
Median Income
$57,450
23% below nat'l avg
Affordability Index
39
61% below nat'l avg
Most Affordable Neighborhoods in Tempe (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | PeoriaAZ | $380,000 |
| 2 | GlendaleAZ | $310,000 |
| 3 | SurpriseAZ | $360,000 |
| 4 | PhoenixAZ | $330,000 |
| 5 | GilbertAZ | $450,000 |
| 6 | ScottsdaleAZ | $560,000 |
| 7 | MesaAZ | $340,000 |
| 8 | BuckeyeAZ | $341,700 |
| 9 | Sierra VistaAZ | $215,900 |
| 10 | Oro ValleyAZ | $404,500 |
| 11 | MaranaAZ | $347,700 |
| 12 | Lake Havasu CityAZ | $363,300 |
| 13 | GoodyearAZ | $396,100 |
| 14 | Queen CreekAZ | $493,700 |
| 15 | Paradise ValleyAZ | $2,000,001 |
Detailed Neighborhood Profiles
Home Value: $380,000
Rent: $1,572/mo
Affordability: 105
Population: 190,985
Walk Score: 81/100
Home Value: $310,000
Rent: $1,069/mo
Affordability: 87
Population: 252,381
Walk Score: 92/100
Home Value: $360,000
Rent: $1,688/mo
Affordability: 86
Population: 141,664
Walk Score: 20/100
4
Home Value: $330,000
Rent: $2,182/mo
Affordability: 82
Population: 1,608,139
Walk Score: 97/100
5
Home Value: $450,000
Rent: $1,772/mo
Affordability: 75
Population: 267,918
Walk Score: 88/100
6
Home Value: $560,000
Rent: $2,033/mo
Affordability: 73
Population: 241,361
Walk Score: 81/100
7
Home Value: $340,000
Rent: $1,166/mo
Affordability: 73
Population: 504,258
Walk Score: 79/100
8
Home Value: $341,700
Rent: $1,597/mo
Affordability: 50
Population: 95,042
9
Home Value: $215,900
Rent: $1,080/mo
Affordability: 50
Population: 45,212
10
Home Value: $404,500
Rent: $1,555/mo
Affordability: 50
Population: 47,053
11
Home Value: $347,700
Rent: $1,579/mo
Affordability: 50
Population: 52,542
12
Home Value: $363,300
Affordability: 50
Population: 57,294
13
Home Value: $396,100
Rent: $1,711/mo
Affordability: 50
Population: 97,542
14
Home Value: $493,700
Rent: $2,030/mo
Affordability: 50
Population: 61,788
15
Home Value: $2,000,001
Rent: $3,501/mo
Affordability: 50
Population: 12,672
Frequently Asked Questions About Affordability in Tempe
What is the most affordable neighborhood in Tempe, AZ?▾
Based on 2026 data, Peoria is the most affordable neighborhood in Tempe with a median home value of $380,000. Kurby analyzed 15 neighborhoods in the Tempe area to compile these rankings.
What is the median home price in Tempe, AZ?▾
The median home price in Tempe is $370,000, which is 31% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Tempe affordable compared to the national average?▾
Tempe has an affordability index of 39, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Tempe, AZ?▾
The median monthly rent in Tempe is $1,874. This is 61% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Tempe?▾
The median household income in Tempe is $57,450 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Tempe are below the national average home price?▾
1 out of 15 ranked neighborhoods in Tempe have a median home value below the national average of $281,900. The most affordable is Sierra Vista at $215,900 (Source: Kurby, 2026).