The Housing Market in Glendale Today

Glendale, Arizona is a vibrant suburb of Phoenix known for its affordable housing options, growing job market, and family-friendly neighborhoods. In recent years, the local housing climate has seen some shifts, with inventory tightening as demand grows. New housing developments are rising downtown and in other popular areas, offering a range of options for renters and buyers alike.

Despite these changes, Glendale remains an attractive place to call home, with housing costs that are generally lower than the national average. Whether you’re a young professional, a growing family, or a retiree looking to downsize, there are plenty of opportunities to find the right fit for your budget and lifestyle in Glendale.

Renting in Glendale: What’s Typical?

For those considering renting in Glendale, the good news is that there are plenty of options available at a range of price points. According to recent data, the average rent for a one-bedroom apartment in Glendale is around $1,100 per month, while a two-bedroom apartment typically goes for about $1,400 per month.

Of course, these prices can vary depending on the location, age, and amenities of the rental property. Newer apartment complexes in Glendale often include perks like trash and internet service, which can help offset some of the monthly costs. Popular renter areas include downtown Glendale, where young professionals and singles enjoy the walkability and nightlife, as well as more suburban neighborhoods that appeal to families and those seeking a quieter lifestyle.

Owning a Home in Glendale

For those looking to put down roots in Glendale, buying a home can be an attractive option. The median home price in Glendale currently sits at around $350,000, which translates to an estimated monthly mortgage payment of about $1,500 for a typical buyer (assuming a 20% down payment and a 30-year fixed-rate mortgage).

Of course, homeownership comes with additional costs beyond the mortgage payment. Property taxes in Glendale average around $1,500 per year, while homeowners insurance can add another $800-$1,000 annually. Many neighborhoods also have HOA dues, which can range from $50 to $300 or more per month depending on the community and amenities.

Renters vs. Homeowners: Who Lives Where?

In Glendale, the homeownership rate currently stands at around 65%, which is slightly higher than the national average. This means that while the majority of residents own their homes, there is still a significant portion of the population that rents.

The decision to rent or buy often comes down to individual circumstances and priorities. Young professionals and singles may prefer the flexibility and lower upfront costs of renting, while families and those looking to build long-term wealth may prioritize homeownership. Financial barriers can also play a role, as saving for a down payment and qualifying for a mortgage can be challenging for some.

Culturally, there is a strong emphasis on homeownership in Glendale, with many viewing it as a key part of the American Dream. However, there is also a growing recognition of the benefits of renting, particularly for those who value mobility or want to avoid the responsibilities of home maintenance and repair.

Typical Monthly Housing Costs in Glendale

Here’s what housing costs might look like each month in Glendale:

Expense	Renting (1BR)	Owning
Rent/Mortgage	$1,100	$1,500
Property Tax	$0	$125
Utilities	$150	$250
Insurance	$15	$80
HOA	$0	$50
Total	$1,265	$2,005

Estimates reflect mid-range properties and average usage.

What’s Driving Costs Up or Down?

Like many cities across the country, Glendale has seen housing costs rise in recent years due to a combination of factors. On the supply side, a shortage of available homes and rental properties has put upward pressure on prices, as has the rising cost of land, labor, and materials for new construction.

At the same time, demand for housing in Glendale has grown thanks to a strong local job market, population growth, and the city’s overall attractiveness as a place to live. Low mortgage rates have also made homeownership more accessible for some buyers, further fueling demand.

Looking ahead, local officials are working to address the housing crunch through a combination of zoning changes, incentives for developers, and investments in affordable housing. However, it will likely take time for these efforts to fully bear fruit, meaning that housing costs may continue to rise in the short term.

FAQs About Housing in Glendale

Is Glendale affordable to live in?
Compared to many other cities of its size, Glendale is relatively affordable, with housing costs that are lower than the national average. However, affordability ultimately depends on individual circumstances, such as income, debt, and other expenses.

Why are housing prices changing?
Housing prices in Glendale are influenced by a variety of factors, including supply and demand, economic conditions, and local policies. In recent years, prices have risen due to a combination of population growth, job market strength, and limited housing inventory.

How does Glendale compare to nearby cities?
Glendale is generally more affordable than some of its neighboring cities, such as Scottsdale and Tempe. However, it may be more expensive than some smaller suburbs or rural areas. Ultimately, the best place to live depends on individual priorities and preferences.

Making Smart Housing Decisions in Glendale

Navigating the housing market in Glendale can be complex, but by understanding the key cost factors and trade-offs involved, it’s possible to make informed decisions that align with your budget and goals. Whether you’re looking to rent or buy, it’s important to consider not just the upfront costs, but also the ongoing expenses and long-term implications of your choice.

For more information and tips on budgeting for housing in Glendale, check out our guide to Monthly Budget Examples for Glendale Residents. And for a broader look at the cost of living in the area, see our Cost of Living in Glendale (2025 Guide).