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The driving motive behind wanting to buy a home varies.

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Many people want a home to grow theirnet worth.

Others are just tired of renting and having that sense of instability looming over their heads.

And some people, frankly, just feel ready to finally do the thing and be a homeowner.

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These are the top 15 cities in Arizona whererenting is indeed cheaper than owning.

Litchfield Park

14.

Mesa

13.

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Peoria

12.

Anthem

11.

Chandler

10.

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Tempe

9.

Oro Valley

8.

Gilbert

7.

Fountain Hills

6.

Queen Creek

5.

Flagstaff

4.

Prescott

3.

Sedona

2.

Scottsdale

1.

The cities with a lower average rental cost than average mortgage were kept for this study.

Using this data the percentage of the population ages 65 and over can be calculated.

The livability index was sourced from AreaVibes for each location and included as supplemental information.

All data was collected on and is up to date as of Feb. 19, 2025.

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