Apache Junction, Arizona Housing Market Prices
Apache Junction Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 85% below the Arizona median$55,554
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Median rent 24% below the Arizona median$1,169
Housing Market Overview
| Metric | Apache Junction | Arizona Avg | US Average |
|---|---|---|---|
| Median Home Price | $55,554 | $367,851 | $248,835 |
| Price Trend (Annual %) | 8.3% | 11.9% | 7.5% |
| Median Gross Rent | $1,169 | $1,543 | $1,407 |
| Rent Trend (Annual %) | 5.2% | 6.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Apache Junction is about 85% lower than in Arizona. Rent is about 24% lower than the Arizona average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Apache Junction, up about 8.3% and 5.2% a year respectively. Home prices are changing faster.
Median rent in Apache Junction rose about 56.4% between 2015 and 2024, from $748 to $1,169. Over the same span, rent in Arizona rose about 69.1%.
Affordability
On average, housing unit costs 0.8 yearly household incomes in Apache Junction.
Buying the median-priced home in Apache Junction costs roughly 4.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Apache Junction. The price-to-rent ratio in Arizona is about 19.9.
| Metric | Apache Junction | Arizona Avg | US Average |
|---|---|---|---|
| Median Home Price | $55,554 | $367,851 | $248,835 |
| Median Household Income | $66,019 | $80,381 | $80,455 |
| Price-to-Income Ratio | 0.8 | 4.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Apache Junction rose about 11.5%, while median household income rose about 48.1% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Apache Junction | Arizona Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.1% | 60.3% | 58.5% |
| Rental Rate | 15.6% | 29.2% | 31.2% |
| Vacancy Rate | 18.4% | 10.6% | 10.2% |
| Median Tenure (years) | 11.0 | 13.0 | 15.0 |
| Median Year Moved In | 2015 | 2013 | 2011 |
Apache Junction has a homeownership rate of 66.1%, higher than the Arizona average of 60.3%. Its housing vacancy rate is 18.4%, compared with 10.6% in Arizona.
Housing Stock
| Metric | Apache Junction | Arizona Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.28 people | 2.53 people | 2.53 people |
| Median Structure Built Year | 1994 | 1991 | 1978 |
| Median Number of Rooms | 4.6 | 5.3 | 5.5 |
The typical housing unit in Apache Junction was built around 1994. On average, 2.3 people live in a home with about 4.6 rooms, staying for about 11.0 years on average.
Apache Junction, AZ Housing Compared With Nearby Cities
Apache Junction, AZ is the smallest of the 5 cities compared here, 48,284 residents against a local median of 187,341. Where Apache Junction, AZ breaks from the cities next to it is median home price, sitting 88% below the local median of $469,228 at $55,554.
Median rent tells the same story from another angle: $1,169 against a local median of $2,100, 44% below it. The cities themselves spread $424,370 on median home price, so Apache Junction, AZ sits at one end of an already wide local range rather than apart from it. Apache Junction, AZ has the 5th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Apache Junction, AZ | 48,284 | $55,554 #5/5 | $1,169 #5/5 | 80.9% #3/5 |
| Queen Creek, AZ | 67,869 | $732,602 | $2,168 | 89.4% |
| Mesa, AZ | 504,945 | $308,232 | $1,616 | 64.5% |
| San Tan Valley, AZ | 102,207 | $371,122 | $2,092 | 82.7% |
| Gilbert, AZ | 272,475 | $567,335 | $2,109 | 73.1% |
Frequently Asked Questions
Common questions about the housing market in Apache Junction, Arizona.
What is the median home price in Apache Junction, Arizona?
The median home price in Apache Junction, Arizona is $55,554, lower than the Arizona average of $367,851.
What is the average home price in Apache Junction, Arizona?
The typical home price in Apache Junction, Arizona, reported as the median sale price, is $55,554. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Apache Junction, Arizona?
The median gross rent in Apache Junction, Arizona is $1,169 per month, lower than the Arizona average of $1,543.
What was the median gross rent in Apache Junction in 2020?
In 2020, the median gross rent in Apache Junction, Arizona was $848 per month.
What is the price-to-rent ratio in Apache Junction, Arizona?
The price-to-rent ratio in Apache Junction, Arizona is about 4.0, meaning it would take roughly 4.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Apache Junction.
Are home prices or rent rising faster in Apache Junction, Arizona?
Both home prices and rent are rising in Apache Junction, up about 8.3% and 5.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Apache Junction, Arizona?
66.1% of households in Apache Junction, Arizona own their home, higher than the Arizona average of 60.3%.
What is the vacancy rate in Apache Junction, Arizona?
The housing vacancy rate in Apache Junction, Arizona is 18.4%, higher than the Arizona average of 10.6%.
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