In search of reasonably priced housing choices in Arizona? Certain neighbourhoods provide considerably cheaper price points than the state average, per the Zillow Home Value Index.
The majority of Arizona’s most reasonably priced neighbourhoods can be found in Yuma and Tucson, so your quest for value may take you there.
You’ll be astounded by the changes these affordable neighbourhoods have undergone. Many of these neighbourhoods have experienced remarkable growth, with an average increase of 63% in just the last five years, while yet maintaining their affordable ranking.
Home values in Tucson’s Pueblo Gardens neighbourhood have increased by an astounding 287% since 2010, making it the neighbourhood with the biggest 15-year appreciation.
Despite their lower price points, these places nonetheless have a high potential for investment. Since 2020, every neighbourhood on this list has grown by double digits, with Yuma’s Donovan Estates leading the way with an appreciation of almost 90% in just five years.
These neighbourhoods are among the last remaining pockets of affordability in an increasingly pricey state, as Arizona continues to draw new inhabitants.
Mesa Heights
- 2025 home value: $201,600
- 2020 home value: $110,360
- 2015 home value: $63,404
- 2010 home value: Data not available
- Change from 2020 to 2025: 83%
- Change from 2015 to 2025: 218%
Mesa Heights, which provides you great value and enormous expansion potential, is situated above much of Yuma and offers views of the surrounding mountains.
Your property here would have seen tremendous growth, with values more than tripling from $63,404 in 2015 to $201,600 by 2025 — an astonishing 218% rise over that decade, even if 2010 data is not available.
Since 2020, the growth has been especially sharp, with values rising by an astounding 83% in just five years, from $110,360 to $201,600.
Mesa Heights continues to rank as the fourth most inexpensive neighbourhood in Arizona despite this outstanding achievement.
The Donovan Estates
- 2025 home value: $201,222
- 2020 home value: $106,001
- 2015 home value: $57,499
- 2010 home value: Data not available
- Change from 2020 to 2025: 90%
- Change from 2015 to 2025: 250%
Donovan Estates, the most remarkable recent development story on our list, is discreetly tucked away in Yuma’s residential area.
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Although 2010 data is unavailable, the value of your investment would have increased dramatically because home prices rose from just $57,499 in 2015 to an astounding $201,222 by 2025, an astounding 250% rise that ranks first on our list of 10-year appreciation.
Since 2020, the growth has been especially noteworthy, with values almost tripling from $106,001 to $201,222 in just five years.
This is a remarkable 90% gain, the highest short-term growth rate on our list. Donovan Estates is Arizona’s third most affordable neighbourhood in spite of this sharp increase in value.
West Ridge Estates
- 2025 home value: $198,319
- 2020 home value: $120,215
- 2015 home value: $78,884
- 2010 home value: Data not available
- Change from 2020 to 2025: 65%
- Change from 2015 to 2025: 151%
West Ridge Estates, located on a hilltop in western Yuma, offers expansive views of the desert at incredibly low costs.
Your property would have experienced remarkable appreciation, with values more than doubling from $78,884 in 2015 to $198,319 by 2025 — a significant 151% rise over that decade, even though 2010 data is not available.
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With values rising from $120,215 in 2020 to $198,319 in 2025—a strong 65% appreciation in just five years—the growth momentum has continued to be strong in recent years.
West Ridge Estates is still the second most inexpensive neighbourhood in our research of Arizona, despite this notable development trajectory.
The Speese
- 2025 home value: $189,288
- 2020 home value: $125,679
- 2015 home value: $71,800
- 2010 home value: Data not available
- Change from 2020 to 2025: 51%
- Change from 2015 to 2025: 164%
Yuma’s The Speese neighbourhood, which has been dubbed the most cheap in Arizona, provides the lowest entry point on our list while yet seeing remarkable growth.
Although there is no data for 2010, your investment would have appreciated significantly, rising from $71,800 in 2015 to $189,288 by 2025, a stunning 164% increase over that time frame.
After 2020, values increased at a healthy rate, going from $125,679 to $189,288 in just five years, or a strong 51% gain.
The Speese is the most affordable neighbourhood in our rankings, but it also shows that good investment potential need not be sacrificed for affordability.