Goodyear has grown, and so has the rent

By Madeline Ackley | Your Valley

The last decade has brought tremendous growth to the city of Goodyear. In 10 short years, the population has increased by nearly 50% and the city has managed to shape itself into a hub for data centers, medical offices and manufacturing plants.

But one thing that hasn’t grown in Goodyear is affordable housing.

Housing is considered affordable by the federal government when it costs no more than 30% of income, and varies by market.

In 2010, renters in Goodyear could easily find a unit between $500 and $1,000 a month. Today, finding a place to rent at that price point is nearly impossible, according to data presented to the Goodyear City Council on Monday.
Homebuyers are also hard pressed to find affordable options in Goodyear. A decade ago, the majority of housing stock in the city was under $200,000. Today, less than 10% of homes go for that price.

Data shows that while affordable housing is in short supply Valleywide, the problem is especially pronounced in Goodyear, when compared to the rest of the Phoenix metro area.

READ ON:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

September 2021
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930