There are several housing options available locally. Whether you are looking to purchase or rent a home, townhouse, manufactured home or apartment, Sierra Vista and surrounding communities have a variety of choices. Buying conditions are favorable for homebuyers, with the median home price in Sierra Vista at $205,500. Apartments rentals average $532 per month for a one-bedroom apartment and home rental average $993 for a 3-bedroom, 2-bath residence. The cost of living in Sierra Vista is comparable to the national average at a current rate of 96.9.