Retiring on a Budget? 10 Arizona Cities Where $1,500 a Month is Enough

Are you dreaming of retiring in the sunny desert of Arizona without breaking the bank? You’re in luck! While many flock to Florida for their golden years, savvy retirees are learning that the Grand Canyon State offers an abundance of affordable cities perfect for stretching your retirement savings.

With stunning landscapes, vibrant communities, and endless recreational opportunities, these 10 affordable Arizona cities prove that you don’t have to sacrifice quality of life for financial stability.

1. Yuma

Retiring on a Budget? 10 Arizona Cities Where $1,500 a Month is Enough - yuma city dp466925498
Image Credit: CheriAlguire/Deposit Photos

Nestled along the Colorado River, Yuma is a medium-sized city that offers retirees plenty of amenities without the high price tag. With an average rent of $895 for a one-bedroom apartment, you’ll have plenty of room in your budget for other expenses.

Yuma boasts almost 100,000 residents, ensuring you’ll have access to various restaurants, shops, and entertainment options. 

The city also offers ample opportunities for outdoor activities, thanks to its sunny climate and proximity to the river.

2. Tucson

Retiring on a Budget? 10 Arizona Cities Where $1,500 a Month is Enough - tucson arizona dp272821944
Image Credit: sepavone/Deposit Photos

Surprised to see Tucson on this list? Despite being Arizona’s second-largest city, Tucson remains an affordable option for retirees. 

The average rent for a one-bedroom apartment is just $1,084, making it a budget-friendly choice for those looking to enjoy city life.

Tucson is home to the University of Arizona, which brings a vibrant energy to the city. Retirees can enjoy numerous museums, theaters, gardens, and the balmy year-round weather. With over 82,000 retirement-aged residents, you’ll be in good company.

3. Sierra Vista

Retiring on a Budget? 10 Arizona Cities Where $1,500 a Month is Enough - sierra viesta arizona ss2506853927
Image Credit: Charlotte Evelyn/Shutterstock

If outdoor adventures are your thing, Sierra Vista might be your perfect retirement destination. 

This small city in southern Arizona offers easy access to hiking, biking, and horseback riding trails while maintaining an affordable cost of living.

The average rent for a one-bedroom apartment in Sierra Vista is a mere $848, leaving you with plenty of extra cash to explore the surrounding natural beauty. The city also boasts a thriving arts scene and various local restaurants.

4. Bullhead City

Retiring on a Budget? 10 Arizona Cities Where $1,500 a Month is Enough - bullhead city arizona ss2437020083
Image Credit: Christophe KLEBERT/Shutterstock

Bullhead City is a water lover’s paradise located along the Colorado River. Retirees can enjoy fishing, boating, and other water activities, all while taking advantage of the city’s affordable living costs.

A one-bedroom apartment here will cost you an average of $1,065 monthly.

In addition to its stunning natural surroundings, Bullhead City offers a variety of local attractions, including casinos, golf courses, and parks. 

With its laid-back atmosphere and friendly community, it’s no wonder this city is a popular choice among retirees.

5. Douglas

Retiring on a Budget? 10 Arizona Cities Where $1,500 a Month is Enough - douglas arizona ss1588034650
Image Credit: Eric O. Ledermann/Shutterstock

Douglas might be perfect for a small-town feel with a rich history. Situated along the Mexican border, this charming city offers a taste of the Old West, with ranches and local restaurants.

The best part? You can snag a one-bedroom apartment in Douglas for an average of just $525 monthly. 

This leaves plenty of room in your budget to explore the city’s unique attractions, such as the Douglas-Williams House Museum and the Gadsden Hotel.

6. Fortuna Foothills

Retiring on a Budget? 10 Arizona Cities Where $1,500 a Month is Enough - fortuna foothills arizona ss557503978
Image Credit: SevenMaps/Shutterstock

Just outside Yuma, Fortuna Foothills offers retirees a quiet, suburban atmosphere with easy access to city amenities. 

While the average rent for a one-bedroom apartment is slightly higher than in Yuma at $1,144, it’s still well within the $1,500 monthly budget.

Fortuna Foothills is known for its friendly community and beautiful desert landscapes. Retirees can enjoy golfing, hiking, birdwatching, relaxing, and soaking up the Arizona sunshine.

7. Fort Mohave

Retiring on a Budget? 10 Arizona Cities Where $1,500 a Month is Enough - fort mohave arizona ss557537068
Image Credit: SevenMaps/Shutterstock

Another gem along the Colorado River, Fort Mohave offers retirees a perfect blend of outdoor recreation and small-town charm. 

The average rent for a one-bedroom apartment is $1,042, making it affordable for those looking to stretch their retirement funds.

Fort Mohave is home to several golf courses, parks, and the Avi Resort & Casino in nearby Laughlin, Nevada. The city’s proximity to the river also provides ample opportunities for fishing, boating, and other water sports.

8. Bisbee

Retiring on a Budget? 10 Arizona Cities Where $1,500 a Month is Enough - bisbee arizona dp8081535
Image Credit: neilld/Deposit Photos

For retirees seeking a unique and artsy atmosphere, Bisbee is a must-see. This former mining town has become a haven for artists and free spirits, with a charming downtown district filled with galleries, shops, and restaurants.

Despite its growing popularity, Bisbee remains an affordable option for retirees. The average rent for a one-bedroom apartment is just $785, leaving plenty of room for exploring the city’s vibrant arts scene.

9. San Luis

Retiring on a Budget? 10 Arizona Cities Where $1,500 a Month is Enough - san luis arizona ss1423698941
Image Credit: Rebekah Zemansky/Shutterstock

Located between Yuma and the Mexican border, San Luis offers retirees an affordable taste of the Southwest. 

The average rent for a one-bedroom apartment is $977, making it a budget-friendly choice for those looking to enjoy the Arizona sunshine.

San Luis is known for its delicious local restaurants and proximity to the Cocopah Speedway, where you can catch exciting night races. The city also offers easy access to outdoor activities like golfing and hiking.

10. Lake Havasu City

Retiring on a Budget? 10 Arizona Cities Where $1,500 a Month is Enough - lake havasu arizona dp460061254
Image Credit: CheriAlguire/Deposit Photos

Last but not least, Lake Havasu City is a water lover’s dream come true. Situated on the shores of Lake Havasu, this city offers endless boating, fishing, and other water sports opportunities. 

The average rent for a one-bedroom apartment is $1,171, making it a bit pricier than some other cities on this list but still within the $1,500 monthly budget.

In addition to its stunning lake views, Lake Havasu City is home to the famous London Bridge, which was transported from England and reassembled in the city in the 1970s. The city also offers a variety of golf courses, hiking trails, and local attractions to keep retirees entertained.

Source:

  1. GOBankingRates
davin
Website | + posts

Davin is a jack-of-all-trades but has professional training and experience in various home and garden subjects. He leans on other experts when needed and edits and fact-checks all articles.