Cochise County, Arizona Housing Market Prices
Cochise County 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 53% below the Arizona median Among the top 5 cheapest counties in Arizona$173,848
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Median rent 36% below the Arizona median$994
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cochise County | Arizona Avg | US Average |
|---|---|---|---|
| Median Home Price | $173,848 | $367,851 | $248,835 |
| Price Trend (Annual %) | 7.4% | 11.9% | 7.5% |
| Median Gross Rent | $994 | $1,543 | $1,407 |
| Rent Trend (Annual %) | 3.0% | 6.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cochise County is about 53% lower than in Arizona. Rent is about 36% 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 Cochise County, up about 7.4% and 3.0% a year respectively. Home prices are changing faster.
Median rent in Cochise County rose about 23.9% between 2015 and 2024, from $802 to $994. Over the same span, rent in Arizona rose about 69.1%.
Affordability
On average, housing unit costs 2.9 yearly household incomes in Cochise County.
Buying the median-priced home in Cochise County costs roughly 14.6 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 Cochise County. The price-to-rent ratio in Arizona is about 19.9.
| Metric | Cochise County | Arizona Avg | US Average |
|---|---|---|---|
| Median Home Price | $173,848 | $367,851 | $248,835 |
| Median Household Income | $59,729 | $80,381 | $80,455 |
| Price-to-Income Ratio | 2.9 | 4.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cochise County rose about 56.0%, while median household income rose about 32.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Cochise County | Arizona Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.7% | 60.3% | 58.5% |
| Rental Rate | 24.8% | 29.2% | 31.2% |
| Vacancy Rate | 14.6% | 10.6% | 10.2% |
| Median Tenure (years) | 14.0 | 13.0 | 15.0 |
| Median Year Moved In | 2012 | 2013 | 2011 |
Cochise County has a homeownership rate of 60.7%, about the same as the Arizona average of 60.3%. Its housing vacancy rate is 14.6%, compared with 10.6% in Arizona.
Housing Stock
| Metric | Cochise County | Arizona Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.35 people | 2.53 people | 2.53 people |
| Median Structure Built Year | 1986 | 1991 | 1978 |
| Median Number of Rooms | 5.4 | 5.3 | 5.5 |
The typical housing unit in Cochise County was built around 1986. On average, 2.3 people live in a home with about 5.4 rooms, staying for about 14.0 years on average.
Cochise County, AZ Housing Compared With Nearby Counties
Cochise County, AZ is the largest of the 4 counties compared here, 125,520 residents against a local median of 39,230. Where Cochise County, AZ breaks from the counties next to it is median home price, sitting 30% below the local median of $247,409 at $173,848.
Median rent tells the same story from another angle: $994 against a local median of $829, 20% above it. The counties themselves spread $150,958 on median home price, so Cochise County, AZ sits at one end of an already wide local range rather than apart from it. Cochise County, AZ has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cochise County, AZ | 125,520 | $173,848 #3/4 | $994 #1/4 | 71.0% #3/4 |
| Graham County, AZ | 39,230 | $166,519 | $934 | 73.1% |
| Santa Cruz County, AZ | 48,922 | $247,409 | $829 | 69.3% |
| Grant County, NM | 27,774 | $317,477 | $824 | 75.8% |
Frequently Asked Questions
Common questions about the housing market in Cochise County, Arizona.
What is the median home price in Cochise County, Arizona?
The median home price in Cochise County, Arizona is $173,848, lower than the Arizona average of $367,851.
What is the average home price in Cochise County, Arizona?
The typical home price in Cochise County, Arizona, reported as the median sale price, is $173,848. 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 Cochise County, Arizona?
The median gross rent in Cochise County, Arizona is $994 per month, lower than the Arizona average of $1,543.
What was the median gross rent in Cochise County in 2020?
In 2020, the median gross rent in Cochise County, Arizona was $803 per month.
What is the price-to-rent ratio in Cochise County, Arizona?
The price-to-rent ratio in Cochise County, Arizona is about 14.6, meaning it would take roughly 14.6 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 Cochise County.
Are home prices or rent rising faster in Cochise County, Arizona?
Both home prices and rent are rising in Cochise County, up about 7.4% and 3.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Cochise County, Arizona?
60.7% of households in Cochise County, Arizona own their home, higher than the Arizona average of 60.3%.
What is the vacancy rate in Cochise County, Arizona?
The housing vacancy rate in Cochise County, Arizona is 14.6%, higher than the Arizona average of 10.6%.
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