Glendale, AZ

Maricopa County ยท Pop. 252,381

Ranked #134 of 243 cities

38Crisis

Median Home Price

๐Ÿ 

$380K

4.0% YoY

Median Rent

๐Ÿ”‘

$1,450

3.5% YoY

Median Income

๐Ÿ’ฐ

$58K

Rent Burden

๐Ÿ“Š

32.0%

% of income to rent

Income to Buy

๐Ÿฆ

$109K

annual income needed

Income to Rent

๐Ÿ“

$58K

annual income needed

Price-to-Income

โš–๏ธ

6.6x

Homeownership

๐Ÿก

58.0%

Rent vs. Buy

Buy

$2,023/mo

Est. mortgage (7%, 20% down)

Need $109K/yr income

Rent

$1,450/mo

Median rent

Need $58K/yr income

How Glendale Compares

MetricGlendaleArizonaNational
Home Price$380K$411K$410K
Rent$1,450$1,608$1,500
Income$58K$77K$75K
Rent Burden32.0%34.1%30.0%

Key Takeaways

  • โ€ข Home prices in Glendale are 7% lower than the national average.
  • โ€ข Rent is 3% lower than the national average.
  • โ€ข You need an income of $109K to comfortably buy a home here.
  • โ€ข The homeownership rate is 58.0%, compared to 65.0% nationally.