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5 Arizona Cities Among 50 Most Affordable Suburbs In U.S. | Living In Phoenix Arizona - Natan Jacobs Real Estate Group | Multifamily Real Estate Brokerage

5 Arizona Cities Among 50 Most Affordable Suburbs In U.S. | Living In Phoenix Arizona

August 28, 2024

5 ARIZONA CITIES AMONG 50 MOST AFFORDABLE SUBURBS IN U.S.

LIVING IN PHOENIX, ARIZONA

 

5 Arizona Cities Among 50 Most Affordable Suburbs In U.S.

 

By AZBigMedia, azbigmedia.com | August 28, 2024

 

Suburbs are often popular choices for people to live in, especially those with families, due to their wide variety of amenities, proximity to big cities without the hustle and often more affordable home prices. However, many suburbs suffered after the pandemic, and if you’re moving to one, you want to be sure you’re picking one that has growth potential but still has affordable homes. That said, how do you know which are the most affordable suburbs in the U.S.?

To help you identify suburbs that are on the rise, but where you can still buy a home, GOBankingRates looked at key data such as the population change between 2020 and 2022 and focused on cities with a 9% or greater change in population in those same years. These suburbs also had to have a July 2024 home value below $500,000, making them the most affordable suburbs.

No single region of the country turned up as the leader. Instead, the states with the most growing suburbs were Arizona, California, Florida, Maryland, Michigan and Texas. Five Arizona cities — Buckeye (ranked No. 3), Maricopa (ranked No. 7), Goodyear,  (ranked No. 10), Sahuarita (ranked No. 32) and Marana (ranked No. 33) — were all ranked among the 50 most affordable suburbs in the U.S. Here’s a by-the-numbers look at the 50 most affordable suburbs in the U.S.:

50. Lincoln Park, Michigan

  • July 2024 home value: $147,251
  • 2020 total population: 36,525
  • 2022 total population: 39,807
  • 2 year % change in total population: 8.99%

49. Frederick, Maryland

  • July 2024 home value: $473,668
  • 2020 total population: 71,843
  • 2022 total population: 78,390
  • 2 year % change in total population: 9.11%

48. Pasadena, Maryland

  • July 2024 home value: $442,528
  • 2020 total population: 29,432
  • 2022 total population: 32,161
  • 2 year % change in total population: 9.27%

47. Victorville, California

  • July 2024 home value: $437,837
  • 2020 total population: 122,958
  • 2022 total population: 134,417
  • 2 year % change in total population: 9.32%

46. Noblesville, Indiana

  • July 2024 home value: $377,306
  • 2020 total population: 64,430
  • 2022 total population: 70,442
  • 2 year % change in total population: 9.33%

45. Brockton, Massachusetts

  • July 2024 home value: $497,572
  • 2020 total population: 95,740
  • 2022 total population: 104,713
  • 2 year % change in total population: 9.37%

44. New Braunfels, Texas

  • July 2024 home value: $361,132
  • 2020 total population: 84,622
  • 2022 total population: 92,993
  • 2 year % change in total population: 9.89%

43. Lawrence, Massachusetts

  • July 2024 home value: $499,929
  • 2020 total population: 80,022
  • 2022 total population: 88,067
  • 2 year % change in total population: 10.05%

42. Hutto, Texas

  • July 2024 home value: $361,031
  • 2020 total population: 26,778
  • 2022 total population: 29,498
  • 2 year % change in total population: 10.16%

41. Wentzville, Missouri

  • July 2024 home value: $379,853
  • 2020 total population: 40,407
  • 2022 total population: 44,584
  • 2 year % change in total population: 10.34%

40. Desert Hot Springs, California

  • July 2024 home value: $388,705
  • 2020 total population: 29,280
  • 2022 total population: 32,386
  • 2 year % change in total population: 10.61%

39. Brownsburg, Indiana

  • July 2024 home value: $354,613
  • 2020 total population: 26,560
  • 2022 total population: 29,379
  • 2 year % change in total population: 10.61%

38. San Jacinto, California

  • July 2024 home value: $480,619
  • 2020 total population: 48,786
  • 2022 total population: 54,077
  • 2 year % change in total population: 10.85%

37. Adelanto, California

  • July 2024 home value: $397,484
  • 2020 total population: 34,238
  • 2022 total population: 37,960
  • 2 year % change in total population: 10.87%

36. Baytown, Texas

  • July 2024 home value: $245,910
  • 2020 total population: 76,089
  • 2022 total population: 84,449
  • 2 year % change in total population: 10.99%

35. Crown Point, Indiana

  • July 2024 home value: $348,547
  • 2020 total population: 30,372
  • 2022 total population: 33,735
  • 2 year % change in total population: 11.07%

34. Wylie, Texas

  • July 2024 home value: $441,105
  • 2020 total population: 51,251
  • 2022 total population: 57,063
  • 2 year % change in total population: 11.34%

33. Marana, Arizona

  • July 2024 home value: $441,998
  • 2020 total population: 47,164
  • 2022 total population: 52,542
  • 2 year % change in total population: 11.40%

32. Sahuarita, Arizona

  • July 2024 home value: $366,557
  • 2020 total population: 30,679
  • 2022 total population: 34,238
  • 2 year % change in total population: 11.60%

31. Gallatin, Tennessee

  • July 2024 home value: $432,521
  • 2020 total population: 40,262
  • 2022 total population: 44,947
  • 2 year % change in total population: 11.64%

30. Concord, North Carolina

  • July 2024 home value: $383,893
  • 2020 total population: 94,147
  • 2022 total population: 105,335
  • 2 year % change in total population: 11.88%

29. Sun City Center, Florida

  • July 2024 home value: $345,841
  • 2020 total population: 26,138
  • 2022 total population: 29,290
  • 2 year % change in total population: 12.06%

28. Dearborn Heights, Michigan

  • July 2024 home value: $202,285
  • 2020 total population: 55,630
  • 2022 total population: 62,474
  • 2 year % change in total population: 12.30%

27. Midlothian, Texas

  • July 2024 home value: $454,929
  • 2020 total population: 31,533
  • 2022 total population: 35,460
  • 2 year % change in total population: 12.45%

26. Apollo Beach, Florida

  • July 2024 home value: $482,251
  • 2020 total population: 23,487
  • 2022 total population: 26,444
  • 2 year % change in total population: 12.59%

25. Ruskin, Florida

  • July 2024 home value: $348,342
  • 2020 total population: 25,640
  • 2022 total population: 28,878
  • 2 year % change in total population: 12.63%

24. St. Cloud, Florida

  • July 2024 home value: $417,466
  • 2020 total population: 53,132
  • 2022 total population: 59,851
  • 2 year % change in total population: 12.65%

23. Jenks, Oklahoma

  • July 2024 home value: $340,703
  • 2020 total population: 22,933
  • 2022 total population: 25,872
  • 2 year % change in total population: 12.82%

22. Trussville, Alabama

  • July 2024 home value: $387,835
  • 2020 total population: 22,590
  • 2022 total population: 25,621
  • 2 year % change in total population: 13.42%

21. Wesley Chapel, Florida

  • July 2024 home value: $436,295
  • 2020 total population: 60,534
  • 2022 total population: 68,814
  • 2 year % change in total population: 13.68%

20. Waxahachie, Texas

  • July 2024 home value: $363,709
  • 2020 total population: 36,735
  • 2022 total population: 41,801
  • 2 year % change in total population: 13.79%

19. Lebanon, Tennessee

  • July 2024 home value: $439,223
  • 2020 total population: 34,759
  • 2022 total population: 39,562
  • 2 year % change in total population: 13.82%

18. McDonough, Georgia

  • July 2024 home value: $354,810
  • 2020 total population: 25,572
  • 2022 total population: 29,134
  • 2 year % change in total population: 13.93%

17. Dearborn, Michigan

  • July 2024 home value: $232,290
  • 2020 total population: 94,328
  • 2022 total population: 108,414
  • 2 year % change in total population: 14.93%

16. Laurel, Maryland

  • July 2024 home value: $484,783
  • 2020 total population: 25,734
  • 2022 total population: 29,581
  • 2 year % change in total population: 14.95%

15. Clayton, North Carolina

  • July 2024 home value: $372,523
  • 2020 total population: 23,179
  • 2022 total population: 26,837
  • 2 year % change in total population: 15.78%

14. Westfield, Indiana

  • July 2024 home value: $461,255
  • 2020 total population: 41,652
  • 2022 total population: 48,262
  • 2 year % change in total population: 15.87%

13. Elkridge, Maryland

  • July 2024 home value: $487,954
  • 2020 total population: 21,778
  • 2022 total population: 25,251
  • 2 year % change in total population: 15.95%

12. Homestead, Florida

  • July 2024 home value: $471,483
  • 2020 total population: 68,937
  • 2022 total population: 79,996
  • 2 year % change in total population: 16.04%

11. Lewisville, Texas

  • July 2024 home value: $410,904
  • 2020 total population: 107,740
  • 2022 total population: 125,028
  • 2 year % change in total population: 16.05%

10. Goodyear, Arizona

  • July 2024 home value: $483,061
  • 2020 total population: 83,519
  • 2022 total population: 97,542
  • 2 year % change in total population: 16.79%

9. Leesburg, Florida

  • July 2024 home value: $299,317
  • 2020 total population: 23,142
  • 2022 total population: 27,226
  • 2 year % change in total population: 17.65%

8. Clermont, Florida

  • July 2024 home value: $445,666
  • 2020 total population: 36,757
  • 2022 total population: 43,266
  • 2 year % change in total population: 17.71%

7. Maricopa, Arizona

  • July 2024 home value: $364,112
  • 2020 total population: 50,358
  • 2022 total population: 59,605
  • 2 year % change in total population: 18.36%

6. Olive Branch, Minnesota

  • July 2024 home value: $329,937
  • 2020 total population: 38,270
  • 2022 total population: 45,938
  • 2 year % change in total population: 20.04%

5. Canyon Lake, Texas

  • July 2024 home value: $461,779
  • 2020 total population: 26,338
  • 2022 total population: 32,035
  • 2 year % change in total population: 21.63%

4. Union City, Georgia

  • July 2024 home value: $259,054
  • 2020 total population: 21,976
  • 2022 total population: 26,869
  • 2 year % change in total population: 22.27%

3. Buckeye, Arizona

  • July 2024 home value: $407,118
  • 2020 total population: 74,467
  • 2022 total population: 95,042
  • 2 year % change in total population: 27.63%

2. Hamtramck, Michigan

  • July 2024 home value: $167,930
  • 2020 total population: 21,704
  • 2022 total population: 27,842
  • 2 year % change in total population: 28.28%

1. Mooresville, North Carolina

  • July 2024 home value: $480,430
  • 2020 total population: 38,498
  • 2022 total population: 50,025
  • 2 year % change in total population: 29.94%

– more at azbigmedia.com

 

 


Thinking about investing in Phoenix real estate? Have a property to sell in Arizona? Tell us what you’re searching for. Connect with us to buy, sell, or lease multifamily, residential and commercial real estate in Phoenix, and across Arizona. Let’s work together.

Natan Jacobs, Vestis Group

Call: 602-281-6202

Email: Info@Vestis-Group.com

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