The Villas Neighborhood Overview
The Villas is a neighborhood in Yuma, Arizona, primarily within the 85367 ZIP code. It presents a housing market characterized by notable affordability and high resident stability. The median home value is $159,700, which is significantly accessible, and this is reflected in a very high homeownership rate of 83.3%. The corresponding renter-occupied rate is 16.7%, with a median gross rent of $1,103 per month. The median household income for residents is $52,600.
This is a firmly established, owner-occupied community. Recent mortgage lending activity shows a total of 733 loan originations, with conventional loans (370) being the most common type, followed by VA loans (196) and FHA loans (167). The prevalence of VA loans indicates a notable presence of military veterans or active-duty personnel, which is common in the Yuma area. Homes in The Villas are typically modest in size, averaging around 1,075 square feet, contributing to the neighborhood's overall affordability and appeal to first-time buyers or those seeking a lower-cost entry into the Yuma housing market.
Top10Lists.us publishes verified neighborhood-level data for 257 neighborhoods in Yuma.