Similar to its surrounding areas, it's similar compared to the country as a whole. Compared to the city of Phoenix, it's close to average.
Home prices
The median home value in Mesa is $226,500. It is about $4,880 (2%) higher compared to its nearby areas.It is about $9,000 (4%) higher in comparison to the entire nation, and it is approximately $8,900 (3%) lower compared to the city of Phoenix.
Rents
The median rent in Mesa is $1,044 a month. Compared to its nearby areas it is approximately $46 (4%) lower.It is approximately $18 (1%) lower compared to the United States as a whole, and it is is very similar in comparison to the city of Phoenix.
Nearby places
Gilbert
Gilbert is Mesa's neighbor to the south. The housing prices there are somewhat more expensive. Gilbert's median home value is $328,700, which comes out to $102,200 (31%) higher than Mesa. The rent there is a little more expensive. Gilbert's median monthly rent is $1,518, which comes out to $474 (31%) higher than Mesa.
Apache Junction
Apache Junction is Mesa's neighbor to the east. Housing prices there are significantly less expensive. The median home in Apache Junction costs $105,600, which works out to $120,900 (114%) lower than Mesa. Rents there are a little less expensive. In Apache Junction the median monthly rent is $814, which comes out to $230 (28%) lower than Mesa.
Tempe
Tempe is Mesa's neighbor to the west. The housing prices there are a little more expensive. The value of the median home in Tempe is $272,900, which comes out to $46,400 (17%) higher than Mesa. Its rents are a bit more expensive. The median rent in Tempe is $1,164 a month, which works out to $120 (10%) higher than Mesa.
Chandler
Chandler is Mesa's neighbor to the southwest. The real estate prices there are a little more expensive. The median home in Chandler is valued at $300,800, which works out to $74,300 (24%) higher than Mesa. Rent there is a bit more expensive. The median monthly rent in Chandler is $1,312, which is $268 (20%) higher than Mesa.
Guadalupe
Guadalupe is approximately 12 miles west from Mesa. Real estate prices there are substantially less expensive. Guadalupe's median home value is $100,100, which comes out to $126,400 (126%) lower than Mesa. Its rents are substantially less expensive. Guadalupe's median monthly rent is $640, which works out to $404 (63%) lower than Mesa.
