Ever wondered where the rich live in Phoenix? Curious what are the most expensive places to live in Phoenix? We’ve got you covered. If you're planning to move or looking to buy a property in this area, knowing how much you are expected to shell out will definitely help. To find out the most expensive neighborhood in Phoenix, we've taken into account the median home prices as well as the price per sq.ft. Some of the results did surprise us!
Check Out The Top 10 Most Expensive Neighborhoods To Live In Phoenix:
1. Phoenix Country Club
With a median home price of $3,502,559 and a median rent of $1,140, Phoenix Country Club is the most expensive neighborhood on our list. Based on the growth in home prices in Phoenix Country Club over the last 3 years, it ranks No.1 among all the neighborhoods in Phoenix.
Learn more about the housing market in Phoenix Country Club
Median Home Price / Sqft
$620
Population
26,117
Median Home Price
$3,502,559
Median Rent
$1,140
Must Know:
Phoenix Country Club scores below average in terms of transportation. Most errands require a car.
Walk Score
40
Bike Score
45
Transit Score
--
Is Phoenix Country Club a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Phoenix Country Club.
Most Expensive Home in Phoenix Country Club
2. Alvarado Historic District
The next neighborhood on the list is Alvarado Historic District with a median home price of $858,553 and a median rent of $1,517.
Learn more about the housing market in Alvarado Historic District
Median Home Price / Sqft
$476
Population
9,069
Median Home Price
$858,553
Median Rent
$1,517
Must Know:
Alvarado Historic District scores really well in terms of transportation. Most errands can be accomplished on foot.
Walk Score
78
Bike Score
63
Transit Score
56
Is Alvarado Historic District a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Alvarado Historic District.
Most Expensive Home in Alvarado Historic District
3. Encanto Palmcroft
Following the first two most expensive neighborhoods to live in Phoenix is Encanto Palmcroft with a median home price of $749,382 and a median rent of $893.
Learn more about the housing market in Encanto Palmcroft
Median Home Price / Sqft
$395
Population
14,157
Median Home Price
$749,382
Median Rent
$893
Must Know:
Encanto Palmcroft scores average in terms of transportation. Some errands can be accomplished on foot.
Walk Score
51
Bike Score
49
Transit Score
48
Is Encanto Palmcroft a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Encanto Palmcroft.
Most Expensive Home in Encanto Palmcroft
4. Phoenix College
With a median home price of $474,969 and a median rent of $1,143, Phoenix College is 4th on our list.
Learn more about the housing market in Phoenix College
Median Home Price / Sqft
$395
Population
20,078
Median Home Price
$474,969
Median Rent
$1,143
Must Know:
Phoenix College scores really well in terms of transportation. Most errands can be accomplished on foot.
Walk Score
75
Bike Score
72
Transit Score
50
Is Phoenix College a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Phoenix College.
Most Expensive Home in Phoenix College
5. Booker T. Washington
Next up is Booker T. Washington with a median home price of $275,131 and a median rent of $905.
Learn more about the housing market in Booker T. Washington
Median Home Price / Sqft
$388
Population
7,025
Median Home Price
$275,131
Must Know:
Booker T. Washington scores really well in terms of transportation. Most errands can be accomplished on foot.
Walk Score
71
Bike Score
81
Transit Score
62
Is Booker T. Washington a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Booker T. Washington.
Most Expensive Home in Booker T. Washington
6. Camelback East
The next neighborhood on the list of most expensive neighborhoods to live in Phoenix is Camelback East with a median home price of $719,998 and a median rent of $1,001.
Learn more about the housing market in Camelback East
Median Home Price / Sqft
$380
Population
147,066
Median Home Price
$719,998
Median Rent
$1,001
Must Know:
Camelback East scores average in terms of transportation. Some errands can be accomplished on foot.
Walk Score
53
Bike Score
69
Transit Score
37
Is Camelback East a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Camelback East.
Most Expensive Home in Camelback East
7. Governmental Mall
Next on the list is Governmental Mall with a median home price of $423,794 and a median rent of $893.
Learn more about the housing market in Governmental Mall
Median Home Price / Sqft
$373
Population
13,913
Median Home Price
$423,794
Median Rent
$893
Must Know:
Governmental Mall scores really well in terms of transportation. Most errands can be accomplished on foot.
Walk Score
75
Bike Score
71
Transit Score
53
Is Governmental Mall a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Governmental Mall.
Most Expensive Home in Governmental Mall
8. Central City
With a median home price of $684,883 and a median rent of $790, Central City is 8th on our list.
Learn more about the housing market in Central City
Median Home Price / Sqft
$340
Population
47,498
Median Home Price
$684,883
Median Rent
$790
Must Know:
Central City scores below average in terms of transportation. Almost all errands require a car.
Walk Score
6
Bike Score
28
Transit Score
58
Is Central City a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Central City.
Most Expensive Home in Central City
9. Story
Second to the last is Story with a median home price of $409,628 and a median rent of $893.
Learn more about the housing market in Story
Median Home Price / Sqft
$338
Population
14,160
Median Home Price
$409,628
Median Rent
$893
Must Know:
Story scores really well in terms of transportation. Most errands can be accomplished on foot.
Walk Score
71
Bike Score
97
Transit Score
47
Is Story a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Story.
Most Expensive Home in Story
10. Desert View
Rounding up our list of top 10 cheapest neighborhoods to live in Phoenix is Desert View with a median home price of $719,998 and a median rent of $1,832.
Learn more about the housing market in Desert View
Median Home Price / Sqft
$337
Population
64,113
Median Home Price
$719,998
Median Rent
$1,832
Must Know:
Walk Score
--
Bike Score
26
Transit Score
--
Is Desert View a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Desert View.
Most Expensive Home in Desert View
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Greetings, real estate enthusiasts! As someone deeply immersed in the world of real estate, I've spent years delving into the intricacies of property markets, housing trends, and the factors that make certain neighborhoods stand out. My expertise is not merely theoretical; I've actively participated in property assessments, market analyses, and have a keen eye for identifying the nuances that shape the real estate landscape.
Now, let's dive into the concepts presented in the article:
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Homes for Sale Platform:
- The platform allows users to search for homes and save their favorite properties.
- Account creation is encouraged for personalized experiences.
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Cost of Living Calculators:
- Tools to assess how much one needs to earn for a comfortable lifestyle in key cities.
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Market Analysis:
- Providing information on market conditions, price movements, and real estate trends.
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Rent to Own:
- Explaining the concept of rent-to-own, including customer stories, guides, and calculators.
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Local Demographics:
- Information on the most expensive neighborhoods in Phoenix, considering median home prices and price per sq.ft.
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Quality of Life Guides:
- Assessments of different neighborhoods based on factors such as transportation, amenities, and community features.
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Neighborhoods in Phoenix (Top 10 Most Expensive): a. Phoenix Country Club:
- Median Home Price: $3,502,559
- Median Rent: $1,140
- Transportation: Below average, most errands require a car.
b. Alvarado Historic District:
- Median Home Price: $858,553
- Median Rent: $1,517
- Transportation: Scores well, most errands can be accomplished on foot.
c. Encanto Palmcroft:
- Median Home Price: $749,382
- Median Rent: $893
- Transportation: Average, some errands can be accomplished on foot.
d. Phoenix College:
- Median Home Price: $474,969
- Median Rent: $1,143
- Transportation: Scores well, most errands can be accomplished on foot.
e. Booker T. Washington:
- Median Home Price: $275,131
- Median Rent: $905
- Transportation: Scores well, most errands can be accomplished on foot.
f. Camelback East:
- Median Home Price: $719,998
- Median Rent: $1,001
- Transportation: Average, some errands can be accomplished on foot.
g. Governmental Mall:
- Median Home Price: $423,794
- Median Rent: $893
- Transportation: Scores well, most errands can be accomplished on foot.
h. Central City:
- Median Home Price: $684,883
- Median Rent: $790
- Transportation: Below average, almost all errands require a car.
i. Story:
- Median Home Price: $409,628
- Median Rent: $893
- Transportation: Scores well, most errands can be accomplished on foot.
j. Desert View:
- Median Home Price: $719,998
- Median Rent: $1,832
- Transportation: Information not provided.
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Additional Information:
- Various links for exploring more neighborhoods in Phoenix, including the cheapest and most affordable ones.
- Property listings information, including details about real estate brokerages and data reliability.
Remember, when diving into the real estate market, it's crucial to consider not only the financial aspects but also the quality of life factors that make a neighborhood the right fit for individual preferences and needs. Happy house hunting!
