Scottsdale, AZ
Maricopa County · Pop. 241,361
Ranked #200 of 243 cities
26Crisis
Median Home Price
🏠$680K
3.5% YoY
Median Rent
🔑$2,100
2.5% YoY
Median Income
💰$95K
Rent Burden
📊29.5%
% of income to rent
Income to Buy
🏦$195K
annual income needed
Income to Rent
📝$84K
annual income needed
Price-to-Income
⚖️7.2x
Homeownership
🏡68.0%
Rent vs. Buy
Buy
$3,619/mo
Est. mortgage (7%, 20% down)
Need $195K/yr income
Rent
$2,100/mo
Median rent
Need $84K/yr income
How Scottsdale Compares
| Metric | Scottsdale | Arizona | National |
|---|---|---|---|
| Home Price | $680K | $411K | $410K |
| Rent | $2,100 | $1,608 | $1,500 |
| Income | $95K | $77K | $75K |
| Rent Burden | 29.5% | 34.1% | 30.0% |
Key Takeaways
- • Home prices in Scottsdale are 66% higher than the national average.
- • Rent is 40% higher than the national average.
- • You need an income of $195K to comfortably buy a home here.
- • The homeownership rate is 68.0%, compared to 65.0% nationally.