Rent-to-Own Homes in Chandler, AZ: What You Need to Know
Living in Chandler is everything you could ask for – and people know it. The city’s population has been steadily growing each year. People are attracted to its outdoor recreation, safe neighborhoods, green parks and lakes, and endless amenities. To its north lies the Phoenix Valley bustle; to its south, instead, is a stunning desert mountain backdrop.
Chandler’s Cost of Living
While Chandler’s cost of living is about equal to the nation’s, the housing market soars at 27% above the norm. That’s because more and more people are discovering the healthy and convenient lifestyle of Arizona. Besides, its normal cost of living comes as a refreshing relief for those leaving costly California. This is what you should expect to pay if you move to Chandler:
Median Home Price: $441,230
Median Rent: $1,382 per month
Housing: 27% above the national average
Healthcare: 2% below the national average
Groceries: 3% above the national average
Utilities: 4% below the national average
Transportation: 8% below the national average
State Income Tax: 2.59% - 4.5%
State Sales Tax: 5.6%
Chandler’s recent job growth has spiked 3.3% in the past year and is projected to skyrocket to 30.8% in the upcoming decade. The median household income here is $77,278, which is higher than both Arizona and the nation. Considering the cost of living is equal to the national average, you’ll be able to live well while simultaneously building your savings. Some of Chandler’s biggest industries are aviation and aerospace, healthcare, bioscience, IT, financial services, high-tech development and manufacturing, and autonomous vehicles.
Students in Chandler’s education system rank higher on tests than both the state and national average. The city has about 56 public schools, which spend more per student than most of Arizona. If you prefer a private education for your children, you’re in luck – there are ten private schools within the town boundaries. Chandler’s residents are all-around smart – an impressive 41% boast a Bachelor’s degree.
Shopping in Chandler
Chandler Fashion Center Mall has all the classic stores, plus a movie theater and splash pad zone to cool off from the desert heat. Downtown Chandler and The Shops at Casa Paloma are two outdoor shopping and dining destinations with various cuisines and stores. At the Phoenix Premium Outlets, you can shop upscale brands with exclusive discounts.
Several accessible freeways in the city that will quickly get you to your destination, wherever in the Phoenix area it may be. The average commute time in Chandler is only 24 minutes per way, and most locals choose to make the drive with their vehicles or by carpooling. Other options are the Valley Metro Bus, offering extensive routes around the Valley, and the METRO light rail, with direct access to downtown Phoenix. For disabled residents and those 65 or older, RideChoice is available as a direct transportation service.