Housing in First Mesa

A typical First Mesa home is worth roughly $48,000

Typical home value

$48K

AZ $418K

Estimate

2-bedroom rent

$1,300

a month, utilities in · HUD

What kind of housing town is First Mesa?

Read from the numbers below. The page puts what stands out first.

Your money goes further88% below the Arizona typical home.

★ What stands out · Affordability

A typical home costs 0.8 years of income

Less than across Arizona (5.2 years). Try your own numbers below.

You could afford about

$240,000

Typical First Mesa home $48K

That covers a typical First Mesa home, with $192K to spare.

The typical home, each month

$270

Loan $240Tax $20Insurance $10

A two-bedroom rents for about $1,300 a month here, $1,030 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Arizona typical property tax (0.48% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,300

Renters already here pay a median of $756, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$930

1 bedroom$1,020

2 bedrooms$1,300

3 bedrooms$1,610

4 bedrooms$1,720

24%

of households rent · AZ 33%

renter households

of renters spend 30%+ of income on rent · AZ 51%

27%

of the median income, for a two-bedroom

$756

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Navajo County, AZ): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

76% of First Mesa households own their home

Half of First Mesa’s homes were built before 1990.

Owners and renters

Own 76%Rent 24%

Arizona: 67% own.

1990

typical home built · AZ 1992

13%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Neighbors talk housing

What First Mesa buyers, sellers and renters are saying.

Town Square →

Weigh in

Is First Mesa still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.