Much like other places in this area, it is a little more expensive compared to the country as a whole. It's a bit more expensive compared to the city of Phoenix.
Home prices
The median home value in Sun Lakes is $272,400. This is is very similar in comparison to its nearby areas.It is approximately $54,900 (25%) higher compared to the nation as a whole, and in comparison to the city of Phoenix it is about $37,000 (15%) higher.
Rents
Sun Lakes's median rent is $1,450 a month. Compared to its surrounding areas this is about $205 (16%) higher.It is roughly $388 (36%) higher compared to the entire country, and compared to the city of Phoenix is roughly $397 (37%) higher.
Nearby places
Chandler
Chandler is Sun Lakes's neighbor to the north. Housing prices there are somewhat more expensive. The value of the median home in Chandler is $300,800, which is $28,400 (9%) higher than Sun Lakes. The rent there is a bit less expensive. Chandler's median rent is $1,312 per month, which is $138 (10%) lower than Sun Lakes.
Gilbert
Gilbert is roughly 9 miles northeast of Sun Lakes. Its housing prices are somewhat more expensive. Gilbert's median home cost is $328,700, which comes out to $56,300 (17%) higher than Sun Lakes. The rent there is fairly similar. The median rent in Gilbert is $1,518 per month, which is $68 (4%) higher than Sun Lakes.
Guadalupe
Guadalupe is about 12 miles northwest of Sun Lakes. The housing prices there are significantly less expensive. The median home in Guadalupe is valued at $100,100, which is $172,300 (172%) lower than Sun Lakes. The rent there is significantly less expensive. Guadalupe's median monthly rent is $640, which works out to $810 (126%) lower than Sun Lakes.
Queen Creek
Queen Creek is approximately 12 miles east from Sun Lakes. Housing prices there are a bit more expensive. The median home in Queen Creek is valued at $348,600, which works out to $76,200 (21%) higher than Sun Lakes. Rents there are somewhat more expensive. The median monthly rent in Queen Creek is $1,590, which works out to $140 (8%) higher than Sun Lakes.
Tempe
Tempe is about 13 miles north from Sun Lakes. Its housing prices are pretty similar. Tempe's median home value is $272,900, which is very similar to Sun Lakes. Rent there is a little less expensive. In Tempe the median monthly rent is $1,164, which works out to $286 (24%) lower than Sun Lakes.
