States › Arizona › Verde Village

Is Verde Village, AZ expensive to live in?

CheapRent takes 13 cents of every $1 people earn here.
🏠 Rent per month (2026)$78056% lower than U.S. average
💵 Families earn per year (2026)$74,773about $6,231/month · 14% lower than U.S. average
🔑 House price$354,2006% higher than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 4.7 years of household income. Most homes (80%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $31,200 a year. That is $15 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 4 of 93 cities from cheapest to most expensive.

Verde Village
$780
$1,055

How much do households earn in Verde Village?

Under $25k
10.6%
$25k–50k
26.0%
$50k–100k
36.2%
$100k–150k
15.8%
$150k+
5.6%

Share of households by yearly income. 21.4% of households earn $100,000 or more.

Rent by apartment size in Verde Village

SizeVerde VillageU.S. average
1 bedroom$841$1,324
2 bedrooms$1,198$1,509
3 bedrooms$1,507$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Verde Village 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 Verde Village, so the Arizona figure is shown.

Taxes and bills in Verde Village

🏛️ Property tax$1,630a year · 0.46% of home value · U.S. $3,119
⚡ Electric bill$135a month (typical) · U.S. $156

Life in Verde Village

Commute to work20.2 minU.S.: 26.4 min
College degree27.4%U.S.: 35.7%
Own their home80%U.S.: 65.2%
Below poverty line13.1%U.S.: 12.5%
Unemployment4.7%U.S.: 5.2%

Is it cheaper to rent or buy in Verde Village?

Renting is cheaper right now: about $1,678 a month less.

Renting
$780
Owning
$2,458

Owning assumes a typical $354,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,420 for the down payment.

Frequently asked questions

What is the average rent in Verde Village, AZ?

Renting in Verde Village costs a median of about $780 a month in 2026, including utilities. The Arizona median is $1,671.

How much do I need to make to live in Verde Village?

To keep rent under 30% of income, you need about $31,200 a year, or $15 an hour at a full-time job.

Is Verde Village cheap or expensive?

Verde Village is rated Cheap: rent takes 12.5% of the typical household income of $74,773. It ranks 4th cheapest of 93 Arizona cities we track.

How much are property taxes in Verde Village?

The median homeowner in Verde Village pays $1,630 a year in property taxes, about 0.46% of the median home value.

Is Verde Village 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 Verde Village?

The median home value in Verde Village is $354,200, about 4.7 times the typical yearly household income.

11,930 people live in Verde Village. Numbers are typical (middle) values.