Cost of Living in La Paz County, Arizona

$735/mo
Median Monthly Rent
$117,600
Median Home Value
28% below state averageUnaffordable

At a Glance

Median Monthly Rent
$735/mo
28% below state average
Median Home Value
$117,600
58% below national
Rent-to-Income Ratio
18.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How La Paz County Compares

Median monthly rent comparison

La Paz County$735/mo
Arizona Average$1,016/mo
National Median$1,163/mo

Detailed Housing Stats

$735/mo
Median Gross Rent
$117,600
Median Home Value
$448/mo
Monthly Owner Cost
18.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in La Paz County, Arizona

La Paz renters enjoy solid affordability

At 17.8%, La Paz County's rent-to-income ratio falls below the national standard, indicating renters here preserve more income than typical Americans after paying rent. With median rent at $735 and household income at $49,506, La Paz delivers reliable affordability for lower-income households.

Better than Arizona average for renters

La Paz County's 17.8% rent-to-income ratio beats Arizona's 19.4% state average, positioning it as a renter-friendly Arizona market. At $735 per month, its median rent undercuts the state average by 28%, offering meaningful relief for households earning below the state median.

More expensive than Apache, cheaper than Gila

La Paz's $735 median rent exceeds Apache's $647 but undercuts Gila's $1,001 and Coconino's $1,406, while its $117,600 median home value represents Arizona's lowest entry point for homeownership. For budget-conscious buyers and renters, La Paz sits at the state's affordability frontier.

Renters allocate 18% of income to housing

La Paz renters pay $735 monthly—17.8% of the $49,506 median income—while homeowners pay $448, or just 10.9% of income. This significant gap favors owners, and at $117,600 median home value, La Paz offers the state's most achievable homeownership entry point for low-income households.

La Paz: affordable but economically limited

If you're seeking Arizona's lowest homeownership threshold at $117,600 or want rents under $750, La Paz County delivers with 17.8% affordability well above state norms. Confirm employment opportunities in this quieter region, as its bargain pricing reflects limited job market diversity compared to larger counties.

Affordability Calculator

See how your income compares to housing costs in La Paz County

$

Rent Burden

17.8%

of gross income

Max Housing (28% Rule)

$1,155

per month

Owner Cost Burden

10.9%

of gross income

You can likely afford the median home in La Paz County

Median home value is $117,600. Estimated monthly cost: $939 vs. your max of $1,155.

Rent Affordability Guide

Your rent-to-income ratio17.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in La Paz County, Arizona?
La Paz County, Arizona has a median monthly rent of $735/mo and a median home value of $117,600. The affordability rating is Unaffordable, with rent making up approximately 18.0% of median household income.
What is the median rent in La Paz County?
The median gross rent in La Paz County is $735/mo. This is 28% below state average for Arizona.
Is La Paz County affordable?
La Paz County is rated Unaffordable based on rent-to-income ratio of 18.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does La Paz County's rent compare to the state average?
La Paz County's median rent of $735/mo is 28% below state average of $1,016/mo for Arizona.
What is the median home value in La Paz County?
The median home value in La Paz County, Arizona is $117,600. This is 58% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.