Like any large city, home prices in Phoenix have continued to increase over the years. Fortunately, there are still some neighborhoods in Phoenix that offer some affordable housing options. These are the cheapest neighborhoods in Phoenix for 2026. The neighborhoods are ranked by the lowest median home prices when compared to the average median home price in Phoenix.

Population 137,878
-46%
Median Home Value $247,746
46% less expensive than Phoenix
Population 252,540
-34%
Median Home Value $302,773
34% less expensive than Phoenix
Population 5,803
-33%
Median Home Value $304,532
33% less expensive than Phoenix
Population 93,316
-29%
Median Home Value $323,700
29% less expensive than Phoenix
Population 136,330
-23%
Median Home Value $352,208
23% less expensive than Phoenix
Population 61,680
-14%
Median Home Value $393,274
14% less expensive than Phoenix
Population 185,447
-13%
Median Home Value $395,758
13% less expensive than Phoenix
Population 190,210
-10%
Median Home Value $409,601
10% less expensive than Phoenix
Population 66,534
-6%
Median Home Value $428,051
6% less expensive than Phoenix
Population 58,844
10%
Median Home Value $501,109
10% more expensive than Phoenix
Is This the Right Place for You? Local Insights Report
  • Uncover the key details before you move
  • Use local data to guide a smarter investment
  • Compare neighborhoods side by side
Local Insights Report