Nestled between the metropolis of Phoenix and the beauty of Tonto National Forest, the town of Cave Creek, AZ is one the fastest-growing communities in the Southwest. Many Arizona residents enjoy living in Cave Creek apartments for rent because of the area's high median household income, which is significantly higher than the rest of the state, according to City-Data.
Despite Cave Creek being a prosperous community, it is surprisingly affordable. The cost of living index here is more than 9 points below the national average, showing that living here is easy on your wallet as well. Because of everything that this charming city has to offer, it should come as no surprise that Cave Creek has seen nearly a 35 percent increase in population from 2000 to 2010.
Hohokam Native Americans had been living in Cave Creek for many years before settlements were established in the area in 1870. Many early residents credit the formation of the town because of its ideal location beyond the north side of Black Mountain near many shady, grassy springs that are rare in the Sonoran Desert. The town quickly developed a successful commercial base in cattle ranching, and many people moved to Cave Creek in the early 20th century because of the beautiful sunshine and dry air that was thought to be good for lung ailments. Today, the town is home to more than 5,000 residents, according to 2010 data from the U.S. Census Bureau.
Perhaps the biggest attraction near Cave Creek is the natural wonder known as Tonto National Forest. With more than 3 million acres of rugged countryside, you can find everything from pine tree-topped mountains to colorful desert sands at this park. Dubbed an "urban" forest, this beautiful space is very close to the town and attracts approximately 5.8 million visitors each year.
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