An expansive desert view, yearlong sunny days and incredible mountain landscapes. What’s not to like from a place referred to as the Valley of the Sun? All these are within your easy reach in Phoenix, Arizona, a city filled with great real estate investment opportunities. Luckily, you won’t have to sacrifice your relaxation over your career as this city offers the best job opportunities in the market.

Pheonix is also a great city for sports fans, with both the NHL's Phoenix Coyotes and the NFL's Arizona Cardinals calling the city their home.

Best of all, Phoenix, Arizona is vast. It won’t be hard to find the type of Phoenix neighborhood that would appeal to you. Affordable housing styles also come in a wide variety whether you’re a single professional, raising a family or a retiree. You can choose among condo units, apartment complex, single-residential homes or townhomes.

Here are some of the best neighborhoods you can find in Phoenix, Arizona:

Downtown Scottsdale

Median Real Estate Price: $446,429
Scottsdale is perfect for residents who prefer the outdoors lifestyle, as it’s located in the Sonoran Desert. It offers a temperature that’s geared towards sunny weather. Popular activities available here are hiking, horseback riding, and biking.

north scottsdale

Downtown Scottsdale is commonly referred to as Old Town Scottsdale and is a part of the Phoeniz metro area. It features luxury shopping and specialty boutique shops selling jewelry and art. Residents and visitors will find trendy hotspots here for dining, clubbing, nightlife and arts and culture appreciation.

Places of Interest:

  • The Mission
  • Citizen Public House
  • Sugar Bowl
  • Hand Cut Chophouse
  • Farm & Craft
  • Cartel Coffee Lab
  • Canal Club
  • LDV Winery

Roosevelt Row Arts District

Median Real Estate Price: $322,210

For culture vultures, Roosevelt Row Arts District is the apex of the creative arts and of the many family friendly neighborhoods in Phoenix. There are several contemporary homes with topnotch amenities available for residents here. Add to that, excitement is always around the corner with its plethora of cafes, coffee shops, live music, bars and social events aimed at arts and culture.

The neighborhood is pedestrian friendly, vibrant and full of gallery hopping opportunities with inviting art exhibits.

Places of Interest:

  • Bicycle Nomad Café
  • Lacuna Kuya Bar
  • Babylon Gallery
  • Heard Museum of Native Cultures and Art
  • Be Coffee
  • Trapp House BBQ
  • The Lost Leaf Bar & Gallery
  • Arizona Wilderness Brewery

Downtown Phoenix

Median Real Estate Price: $306,002

Work and play is the theme in Downtown Phoenix. The city center is where one finds over 200 restaurants, museums, pubs and culture spots. This historic district neighborhood is ideal for those who want to be in the thick of the action of the Phoenix Metro Area. You can choose to live in high-rise condos or in an apartment complex. You’ll never run out of things to do with the constant stimulation of art events and endless nightlife options available in Downtown Phoenix.

phoenix metro area

Places of Interest:

  • Cityscape
  • Matt’s Big Breakfast
  • Phoenix Public Market Café
  • Talking Stick Resort Arena
  • Comerica Theatre
  • The Rosson House Museum
  • Phoenix Symphony Hall
  • The Churchill

Paradise Valley

Median Real Estate Price: $455,000

One of the many great Phoenix neighborhoods is Paradise Valley. Paradise Valley village is perfect for those looking for a peaceful and vast open space to reside in. They can choose single-family homes and condos dotting the residential neighborhood. It boasts majestic nature, as it’s located near the north mountain ranges namely Mummy Mountains, Camelback Mountains, Piestewa Peak and many golf courses.

This makes it easier for outdoor enthusiasts to go on adventures. Paradise Valley is indeed a haven for nature lovers and filled with leafy streets. Golf aficionados will also enjoy tee time with the impressive golf courses available here. In terms of work, one can find plenty of resorts here providing ample opportunities in the hospitality sector.

Places of Interest:

  • Camelback Golf Club
  • Mohave Trail
  • O.H.S.O Brewery
  • Paradise Valley Country Club
  • El Chorro Lodge
  • Tonto National Forest
  • Lon’s at the Hermosa
  • Elements at Sanctuary Camelback Mountain

Desert View

Median Real Estate Price: $450,839

With a wonderful blend of the rural and urban, with a beautiful desert landscape and the modern conveniences of many Phoenix neighborhoods. Desert View offers small town vibes with the great amenities of an up and coming neighborhood. Older and young professionals and young families can access nature recreation and quality schools. You get to pick between single-family homes and luxury condos to fit your needs. Dining options, entertainment and shopping are plentiful.

north phoenix

Places of Interest:

  • Desert Ridge Marketplace
  • The White Chocolate Grill
  • Barrio Queen
  • Saddlecreek Coffee
  • The Keg Steakhouse + Bar
  • La Bocca Wine Bar & Urban Kitchen
  • Penske Racing Museum
  • DSW Designer Shoe Warehouse

Camelback East Village

Median Real Estate Price: $374,882

Camelback East offers a friendly and diverse neighborhood surrounded by wonderful schools, restaurants, cafes, bars and parks. Families and professionals appreciate the sense of safety, shopping, dining and entertainment choices here.

This suburb has the backdrop of Piestewa Peak and Camelback Mountain. Naturally, this makes for beautiful scenic trails residents can enjoy. One can choose top tier residential homes, sleek condos or single to 2 story townhomes in Camelback East Village.

Places of Interest:

  • Arizona Biltmore Golf Course
  • Prado
  • Phoenix Zoo
  • Biltmore Fashion Park
  • Vincent’s on Camelback
  • Chelsea’s Kitchen
  • Just Tacos & More
  • Beckett’s Table

North Gateway Village

Median Real Estate Price: $402,244

North Gateway Village is ideal for singles, families and professionals. Plenty of neighborhood amenities are within easy access. You get to enjoy scenic hiking trails, shopping, dining and nearby schools. For outdoor enthusiasts, North Gateway Village has recreational opportunities with the Sonoran Desert and mountains welcoming you.

Job opportunities also abound since top employers are present in the area. Scenic drives, leafy streets, and the natural environment provide an attractive character to North Gateway Village.

Places of Interest:

  • Two Brothers Kitchen
  • Wild Horse West
  • First Watch
  • Echo Sushi
  • Sonoran Preserve
  • Pioneer Living History Museum
  • Diamond Dance Works
  • Connolly’s Sports Grill

The Bottom Line

Phoenix, Arizona has diverse neighborhoods that appeal to different residential needs and some like Surprise, AZ that are still growing and are ripe for investment.

So whether you’re looking for posh neighborhoods, a small town ambiance, or school proximity for your kids, or the world reknowned Arizona State University, it’s all available here. When you weigh the pros of living in Phoenix against the cons, it's clearly a great choice.

There are several options if you want to be located in the downtown area or much nearer to the mountain ranges. Nearby cities in the Greater Phoenix Area, like Surprise, Arizona, offer many of the perks of Arizona living at an even more reasonable price tag. Another popular nearby city to consider is Glendale.

Whichever environment you choose, these neighborhoods have a lot of restaurants, shopping and entertainment spots. You don’t have to necessarily give up one for the other. Instead, you’ll have the best of both worlds.