Rent is lower than in 85% of U.S. cities. A typical house costs about 4.2 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $42,160 a year. That is $20 an hour at a full-time job.
Is rent cheaper than other Arizona cities?
Yes. Rent here is cheaper than in most of Arizona. It is number 13 of 93 cities from cheapest to most expensive.
How much do households earn in Eloy?
Share of households by yearly income. 14.3% of households earn $100,000 or more.
Rent by apartment size in Eloy
| Size | Eloy | U.S. average |
|---|---|---|
| Studio | $882 | $1,338 |
| 1 bedroom | $522 | $1,324 |
| 2 bedrooms | $973 | $1,509 |
| 3 bedrooms | $1,249 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Eloy overall?
Everyday prices in Arizona overall are 1% above the U.S. average (index 100.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Eloy, so the Arizona figure is shown.
Taxes and bills in Eloy
Life in Eloy
Is it cheaper to rent or buy in Eloy?
Renting is cheaper right now: about $717 a month less.
Owning assumes a typical $255,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,530 for the down payment.
Frequently asked questions
What is the average rent in Eloy, AZ?
Renting in Eloy costs a median of about $1,054 a month in 2026, including utilities. The Arizona median is $1,671.
How much do I need to make to live in Eloy?
To keep rent under 30% of income, you need about $42,160 a year, or $20 an hour at a full-time job.
Is Eloy cheap or expensive?
Eloy is rated OK: rent takes 21.0% of the typical household income of $60,111. It ranks 13th cheapest of 93 Arizona cities we track.
How much are property taxes in Eloy?
The median homeowner in Eloy pays $1,373 a year in property taxes, about 0.54% of the median home value.
Is Eloy more expensive than the national average?
Overall prices in Arizona are 1% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Eloy?
The median home value in Eloy is $255,300, about 4.2 times the typical yearly household income.
17,433 people live in Eloy. Numbers are typical (middle) values.