Home prices
Cottonwood's median home cost is $189,400. This is approximately $39,780 (17%) lower compared to nearby areas.In comparison to the rest of the nation it is about $28,100 (12%) lower, and is approximately $46,000 (19%) lower in comparison to the city of Phoenix.
Rents
The median monthly rent in Cottonwood is $933. Compared to its nearby areas it is about $34 (3%) lower.Compared to the rest of the country it is roughly $129 (12%) lower, and compared to the city of Phoenix it is roughly $120 (11%) lower.
Nearby places
Verde Village
Verde Village is Cottonwood's neighbor to the southeast. The real estate prices there are somewhat more expensive. The median home price in Verde Village is $208,800, which is $19,400 (9%) higher than Cottonwood. The rent there is somewhat more expensive. Verde Village's median rent is $1,021 per month, which works out to $88 (8%) higher than Cottonwood.
Clarkdale
Clarkdale is Cottonwood's neighbor to the northwest. The real estate prices there are a little more expensive. Clarkdale's median home price is $227,900, which comes out to $38,500 (16%) higher than Cottonwood. Its rents are similar. Clarkdale's median monthly rent is $938, which is very similar to Cottonwood.
Cornville
Cornville is roughly 4 miles east from Cottonwood. The real estate prices there are a little more expensive. The value of the median home in Cornville is $257,800, which works out to $68,400 (26%) higher than Cottonwood. Rent there is somewhat more expensive. Cornville's median rent is $1,140 per month, which works out to $207 (18%) higher than Cottonwood.
Jerome
Jerome is roughly 5 miles west from Cottonwood. Its real estate prices are substantially more expensive. The value of the median home in Jerome is $287,000, which is $97,600 (34%) higher than Cottonwood. Rent there is a bit less expensive. Jerome's median rent is $844 per month, which is $89 (10%) lower than Cottonwood.
Lake Montezuma
Lake Montezuma is roughly 11 miles southeast of Cottonwood. The housing prices there are somewhat less expensive. The median home in Lake Montezuma costs $164,400, which is $25,000 (15%) lower than Cottonwood. The rent there is fairly similar. Lake Montezuma's median rent is $894 per month, which is $39 (4%) lower than Cottonwood.
