Payson, Gila County, AZ

Median Home Price Price

$440,341 $440.3K

Median Monthly Rent Rent

$1,489 $1.5K

25.0x

Market Snapshot

Payson, Gila County, AZ is a city market with a median home price of $440,341, a median monthly rent of $1,489, a GRM of 25.0x, and a price-to-rent ratio of 24.6.

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Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Cottonwood, Yavapai County, AZ
$390K $1.4K 24.0x
Prescott, Yavapai County, AZ
$594K $1.6K 31.0x
Chandler, Maricopa County, AZ
$522K $2.3K 19.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Merced, Merced County, CA Explore deeper
$393K $1.5K 21.0x
Patterson, Stanislaus County, CA Explore deeper
$507K $1.9K 22.0x
Gainesville, Hall County, GA Explore deeper
$369K $1.5K 21.0x

Home prices

Monthly rent

GRM = home price / annual rent

Payson

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Benchmark comparison

Compare Payson, AZ to another market.

Compare to Cottonwood, AZ
Payson, AZ
Cottonwood, AZ
Delta
Median rent
$1,489
N/A
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Median price
$440,341
N/A
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YoY change
+$24
N/A
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Price-to-rent
24.6x
Data unavailable
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Key takeaways

  • Payson, Gila County, AZ has a higher-grm screening profile: At 25.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $24 year over year.
  • Next discovery step: compare Cottonwood, Yavapai County, AZ from the Within state set.