Los Angeles-Long Beach-Anaheim vs Phoenix, AZ: Housing Market Comparison (2026)

Side-by-side Alpha Scores, affordability, momentum, supply, jobs, and rental yield · as of August 2026

Los Angeles-Long Beach-Anaheim vs Phoenix, AZ side by side

Metric Los Angeles-Long Beach-Anaheim Phoenix, AZ
Alpha Score932
Price Momentum39
Inventory Health136
Affordability126
Economic Strength3424
Rental Yield133
Median Sale Price$459K
Price-to-Income9.15.2
Payment-to-Income57.1%31.5%
Months of Supply4
Gross Rental Yield2.8%4.5%
Overvaluation Index4060

Highlighted = the stronger read for that metric (supply, valuation, and payment burden are better when lower). Income/rent inputs lag annually.

How Los Angeles-Long Beach-Anaheim and Phoenix, AZ compare, dimension by dimension

  • Affordability: Phoenix, AZ leads — Los Angeles-Long Beach-Anaheim 1/100 vs Phoenix, AZ 26/100.
  • Inventory Health: Phoenix, AZ leads — Los Angeles-Long Beach-Anaheim 1/100 vs Phoenix, AZ 36/100.
  • Economic Strength: Los Angeles-Long Beach-Anaheim leads — Los Angeles-Long Beach-Anaheim 34/100 vs Phoenix, AZ 24/100.
  • Rental Yield: Phoenix, AZ leads — Los Angeles-Long Beach-Anaheim 1/100 vs Phoenix, AZ 33/100.

Frequently asked questions

Which has a higher Alpha Score, Los Angeles-Long Beach-Anaheim or Phoenix, AZ?

Phoenix, AZ scores higher — 32 vs 9 out of 100. The Alpha Score is a 0-100 composite of price momentum, inventory health, affordability, economic strength, and rental yield.

Is Los Angeles-Long Beach-Anaheim or Phoenix, AZ more affordable?

Phoenix, AZ is more affordable on our affordability dimension. Price-to-income is 9.1 in Los Angeles-Long Beach-Anaheim and 5.2 in Phoenix, AZ.

Want to swap in other cities, change the metrics, or chart the trend over time? Customize this comparison → in the interactive Compare tool. Or read the Los Angeles-Long Beach-Anaheim market brief and the Phoenix, AZ brief.