10 Most Affordable Places to Live in Arizona

Arizona is known for being a state with a steady low cost of living. Along with being affordable, it is also one of the most beautiful places to live, with deserts peppered in cacti and canyons towering in the distance. Both young families and retirees thrive in this economic climate surrounded by extraordinary tranquility. Before relaxing into this oasis of tranquil nature and beautiful skies, take a look at the best places known to settle down in Arizona.

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Oro Valley

One of the most attractive suburbs of Tucson, Oro Valley is a fast-growing community in the heart of the breathtaking Sonoran Desert. This area is lush with recreational activities like fishing and hiking and home to one of the lowest unemployment rates in the country. According to the United States Bureau of Labor Statistics, Oro Valley also boasts an impressive 3.5% unemployment rate.

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Gilbert, Arizona is a young, vibrant community fueled by a strong economy. With access to hundreds of leisure activities to both take in and participate in, a public school district that is nationally ranked, and over 300 days of sunshine per year, the Town of Gilbert has been recognized as one of the Best Places to Live in the United States by CNN/Money Magazine.

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Ahwatukee Foothills

A quiet community with highly-rated public school systems, Ahwatukee Foothills features housing costs lower than the national average. This neighborhood is only a 15-minute drive from some of Phoenix’s best attractions from the Phoenix Art Museum, Desert Botanical Garden. In addition, this lively village has significantly higher average household incomes than bordering Phoenix.

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Flagstaff has drawn visitors for years to its unbelievable clear night skies. In 1958, it was even designated as the first International Dark Sky City in the world. When residents are not contemplating the wonders of the universe, they are bustling around the increasing job market. In fact, the projected job growth is expected to reach higher rates than the national average over the next ten years.

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Located 30 minutes outside of Phoenix, Avondale is a West Valley suburb, great for families with plenty of parks and shopping. Also, the potential future job growth has hit staggering numbers lately, doubling the national average in just a 12-month period. In addition, ISM Raceway attracts both visitors and residents to witness some of the best races in motorsports, including two NASCAR races each year.

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Chandler is known as the Innovation and Technology Hub of the Southwest. Chandler is a diverse and vibrant community home to global industry leaders, exciting startups, talented workers and their families. In addition to being a great place to live, play, and work, their local golf courses, restaurants and ample shopping opportunities make Chandler one of Arizona’s greatest places to live.

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Gorgeous scenery is in the backyards of Prescott residents with the timeless Prescott National Forest nearby. With over 1.25 million acres of forest to explore, this gargantuan woodland area brings sightseers from all over the world. In addition, this beautifully landscaped city boasts a higher than average income, convincing many visitors to stay and enjoy the rest of their years.

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Another up-and-coming city, Coolidge, Arizona has seen job growth double the past year. In addition, the median home price is considerably low compared to the national average. History buffs will love the close proximity to the Casa Grande Ruins National Monument, a preservation of a 650-year-old community build by the Ancient Sonoran Desert People. Coolidge is a perfect place to plant roots and watch an economic growth story take place.

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The City of Tempe is home to thousands of ASU students, but it’s not a one-trick-pony city. Minutes from downtown Phoenix, Old Town Scottsdale, and the airport, Tempe boasts diverse restaurants, active nightlife, and ample public transportation. There are unique neighborhoods with local wall art, lush gardens, and even some farm animal wildlife. No matter what floats your boat across the Tempe Town Lake, you’ll find it in Tempe.

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Saving the best for last, Sedona is a marvel of both economic and natural beauty. This city boasts a staggering 40.4% of expected future job growth, a full 2.4% higher than average. In just the past year, Sedona has seen job growth increase by 2.9%, almost double that of the national average. The gorgeous views of vibrant red soil and canyons surrounding this city add to its charm flawlessly.

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We put down roots in Arizona so that you can too! Let us help you afford your dream Arizona home. Visit the nearest On Q branch today to learn how we’re making Mortgages Simplified.

About the Author

Before opening On Q Financial in 2005, John Bergman originated and funded 450 units a year as a loan officer. He founded the company with just $1M of personal life savings—committed to his vision for building the best independent mortgage organization in the industry.

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