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Housing

Home prices and rent in Mesa

Median home values, rents and incomes from the U.S. Census Bureau, compared with Arizona and the U.S.

Census geography: Mesa city, Arizona. These survey estimates are not current listing prices.

Median home value$408,000+171% since 2014
Median rent$1,620/mo+85% since 2014
Household income$82,752Home value is 4.9× income
Owner-occupied homes64%222,992 homes

Mesa vs. Arizona and the U.S.

MesaArizonaU.S.
Median home value$408,000$394,500$332,700
Median rent (monthly)$1,620$1,543$1,413
Median household income$82,752$79,964$80,734
Homes owned by occupants64%67%65%
Median year built198919921980

Ten years of change

201420192024
Median home value$150,800$226,500$408,000
Median rent (monthly)$875$1,044$1,620
Median household income$48,259$58,181$82,752

Fair Market Rents (HUD, fiscal year 2027)

Phoenix-Mesa-Chandler, AZ MSA · Maricopa County. HUD's payment benchmarks for housing programs: typical gross rent (rent plus utilities) for a recent mover, not a listing or an asking rent.

Studio$1,390/moMesa: $1,160–1,800
1 bedroom$1,493/moMesa: $1,260–1,930
2 bedrooms$1,734/moMesa: $1,450–2,240
3 bedrooms$2,287/moMesa: $1,940–2,950
4 bedrooms$2,537/moMesa: $2,160–3,280

Large figures are the metro-area Fair Market Rent; green figures are the range across 14 Mesa ZIP codes, where HUD sets Small Area Fair Market Rents.

Income limits (HUD, fiscal year 2026)

Area median family income: $112,400. Households at or under these incomes can qualify for many housing programs; check each program's own rules.

Household size12345678
Low income (80%)$62,950$71,950$80,950$89,900$97,100$104,300$111,500$118,700
Very low income (50%)$39,350$45,000$50,600$56,200$60,700$65,200$69,700$74,200
Extremely low income (30%)$23,600$27,000$30,350$33,700$38,680$44,360$50,040$55,720

Source: U.S. Department of Housing and Urban Development, Fair Market Rents and Income Limits, checked October 9, 2026.

Questions

What is the median home value in Mesa?

$408,000, according to the Census Bureau’s 2024 American Community Survey (5-year estimates), compared with $394,500 in Arizona and $332,700 nationally.

How much is rent in Mesa?

Median gross rent (rent plus utilities) is $1,620 a month, versus $1,543 statewide.

How much have home values risen in Mesa?

The median home value went from $150,800 in 2014 to $408,000 in 2024 (+171%).

What is fair market rent in Mesa?

HUD's fiscal year 2027 Fair Market Rent for the Phoenix-Mesa-Chandler, AZ MSA is $1,390 for a studio, $1,493 for one bedroom and $1,734 for two bedrooms; across Mesa's ZIP codes, two-bedroom values run $1,450 to $2,240. These are HUD program benchmarks, not asking rents.

Are these current market prices?

No. They are survey medians from the Census Bureau, based on a five-year survey period, so they lag today’s listings. They are the most consistent way to compare places and track change over time.

U.S. Census Bureau, American Community Survey 5-year estimates (2014, 2019, 2024), Mesa city, Arizona. Values are estimates with margins of error.

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