Housing & Real Estate — Tempe, Arizona

Overview

Total Housing Units84,664
Occupied77,053
Vacant7,611
Owner-Occupied32,030
Renter-Occupied45,023
Median Home Value (Census)$455,400
Estimated 2026~$543,000
Median Rent$1,623/mo
Median Property Tax$2,175/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityexpensive
Rent as % of Income24.4%
Severely Rent-Burdened42.6%

Housing Age

Built 2010 or later12,223
Built 2000-20099,366
Built 1990-199910,212
Built before 19604,697
Median Year Built1983
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.