States › Arizona › New River

Is New River, AZ expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,06518% higher than U.S. average
💵 Families earn per year (2026)$144,831about $12,069/month · 66% higher than U.S. average
🔑 House price$640,60093% higher than U.S. average

Rent is higher than in 72% of U.S. cities. Household incomes are higher than in 88% of U.S. cities. A typical house costs about 4.4 years of household income. Commutes are long, about 34 minutes each way. Most homes (94.7%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $82,600 a year. That is $40 an hour at a full-time job.

Is rent cheaper than other Arizona cities?

No. Rent here is more expensive than in most of Arizona. It is number 70 of 93 cities from cheapest to most expensive.

New River
$2,065
Eloy
$1,054
Nogales
$847
Coolidge
$1,875
Payson
$1,426
Flowing Wells
$1,643
Vail
$2,181

How much do households earn in New River?

Under $25k
4.6%
$25k–50k
8.9%
$50k–100k
30.0%
$100k–150k
24.9%
$150k+
28.3%

Share of households by yearly income. 53.2% of households earn $100,000 or more.

How expensive is New River overall?

Everyday prices in Arizona overall are 1% above the U.S. average (index 100.7, U.S. = 100).

Housing
107
Goods (food, clothes…)
95
Utilities
92
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for New River, so the Arizona figure is shown.

Taxes and bills in New River

🏛️ Property tax$3,357a year · 0.52% of home value · U.S. $3,119
⚡ Electric bill$253a month (typical) · U.S. $156

Life in New River

Commute to work34 minU.S.: 26.4 min
College degree31.5%U.S.: 35.7%
Own their home94.7%U.S.: 65.2%
Below poverty line6.3%U.S.: 12.5%
Unemployment3%U.S.: 5.2%

Is it cheaper to rent or buy in New River?

Renting is cheaper right now: about $2,380 a month less.

Renting
$2,065
Owning
$4,445

Owning assumes a typical $640,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $64,060 for the down payment.

Frequently asked questions

What is the average rent in New River, AZ?

Renting in New River costs a median of about $2,065 a month in 2026, including utilities. The Arizona median is $1,671.

How much do I need to make to live in New River?

To keep rent under 30% of income, you need about $82,600 a year, or $40 an hour at a full-time job.

Is New River cheap or expensive?

New River is rated Cheap: rent takes 17.1% of the typical household income of $144,831. It ranks 70th cheapest of 93 Arizona cities we track.

How much are property taxes in New River?

The median homeowner in New River pays $3,357 a year in property taxes, about 0.52% of the median home value.

Is New River 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 New River?

The median home value in New River is $640,600, about 4.4 times the typical yearly household income.

18,240 people live in New River. Numbers are typical (middle) values.