Ranked from ACS 2023 5-Year
Highest Price-to-Rent Ratios in Arizona
The counties where a home costs the most years of rent. A high ratio does not mean a place is overpriced. It can also mean rents are held down, or that buyers are paying for land, schools or a view that a renter cannot get at any price. It does mean the arithmetic of buying rests more on what the house is worth later and less on what it saves you each month. Median home value over twelve months of median gross rent, both Census five-year estimates.
Arizona ranked
| # | County | Price-to-rent | Median home | Median rent |
|---|---|---|---|---|
| 1 | Yavapai County | 26.0 yrs | $392,900 | $1,258 |
| 2 | Coconino County | 24.5 yrs | $413,200 | $1,406 |
| 3 | Santa Cruz County | 23.1 yrs | $216,100 | $781 |
| 4 | Maricopa County | 21.8 yrs | $414,700 | $1,587 |
| 5 | Pima County | 20.7 yrs | $286,900 | $1,154 |
| 6 | Gila County | 20.6 yrs | $247,000 | $1,001 |
| 7 | Mohave County | 20.2 yrs | $253,200 | $1,047 |
| 8 | Greenlee County | 19.9 yrs | $136,300 | $570 |
| 9 | Graham County | 19.0 yrs | $202,700 | $890 |
| 10 | Navajo County | 18.6 yrs | $186,100 | $832 |
| 11 | Cochise County | 18.4 yrs | $207,400 | $939 |
| 12 | Pinal County | 18.4 yrs | $312,100 | $1,417 |
| 13 | Yuma County | 16.6 yrs | $195,700 | $983 |
| 14 | La Paz County | 13.3 yrs | $117,600 | $735 |
| 15 | Apache County | 8.8 yrs | $68,500 | $647 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Highest Price-to-Rent Ratios across all 3,133 US counties · Every county in Arizona