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Houses in Bisbee, Arizona, in 1990. Housing in Arizona takes a variety of forms, from single-family homes to apartment complexes. Arizona had a homeownership rate of 62.6% in 2017. [1] Issues related to housing in Arizona include homeownership, affordable housing, housing insecurity, zoning, and homelessness.
Average home prices are around $383,000 — much less than Arizona’s average of $431,000, according to Zillow. This allows retirees to get more for their money.
[2] [3] [4] Between 1980 and 1984 the House attracted approximately 250,000 people, who were also given tours of various model homes in the development. [5] After four years the House was sold, and is now in private ownership, having changed hands several times. [6] The House was "the first microprocessor controlled house".
The development is located in Tempe, Arizona about 2 miles (3.2 km) from downtown and is the first project of the startup Culdesac. [5] [6] Construction of the neighborhood began in 2019, was estimated to cost $140 million, span 16 acres (6.5 ha), and include 636 apartment units and 24,000 square feet (2,200 m 2) of restaurant and retail space. [7]
The median gross rent in Arizona City was $844 per month. [ 16 ] 7.5% of the population was under 5 years of age, 26.5% of the population was between the ages of 5 and 18, and 18.8% of the population was 65 or older. 7.4% of the Arizona City's population was born in a country other than the United States .
Arizona Proposition 207, a 2006 ballot initiative officially titled the Private Property Rights Protection Act, requires the government to reimburse land owners when regulations result in a decrease in the property's value, and also prevents government from exercising eminent domain on behalf of a private party.
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