Phoenix-Mesa-Chandler, AZ · Arizona

Maricopa County

ZIP 85256

4.5M residents30,475 permits TTM$85,518 median HHI135 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$414,700

ACS 5-Year

Cap rate proxy

5.3%

FMR × 0.65 ÷ Home Value

Rent-to-income

22.3%

HUD FMR ÷ ACS HHI

Net migration

+1.95%

IRS SOI

Permits (TTM)

30,475

Census BPS

Climate risk

99.9

FEMA NRI (0–100)

ZIP 85256

Median home value

$414,700

Gross yield

4.4%

Buy Box score

0.3

Section 8 gap

-3.6%

Affordability

P/I: 4.8R/I:

Section 8 detail

SAFMR: $1,530Rent: $1,587Gap: -3.6%
ZIP code breakdown135 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
85337$222,806$1,5308.2%8.5%-3.7%
85040$319,663$1,5305.7%7.1%-23.1%
85041$366,659$1,6705.5%7.0%-28.5%
85351$275,778$1,6707.3%6.9%5.0%
85373$363,696$1,9406.4%6.9%-7.6%
85019$323,517$1,5705.8%6.7%-14.6%
85335$341,356$2,0307.1%6.6%7.4%
85304$400,721$1,6705.0%6.6%-31.0%
85326$372,331$1,9306.2%6.2%0.1%
85353$391,981$1,9806.1%6.2%-2.3%
85043$367,441$1,8306.0%6.2%-3.6%
85375$379,918$1,6905.3%6.2%-16.0%
85208$377,033$1,7705.6%6.1%-9.0%
85303$373,884$1,8005.8%6.0%-4.4%
85017$298,704$1,5306.1%6.0%2.2%
85034$276,288$1,6107.0%6.0%14.1%
85339$441,812$2,4206.6%5.9%10.4%
85388$446,276$2,4706.6%5.9%11.8%
85345$363,661$1,7905.9%5.9%0.9%
85037$350,679$1,8906.5%5.8%9.9%
85363$308,770$1,5305.9%5.8%2.8%
85396$460,314$2,4606.4%5.8%10.0%
85379$422,523$2,3506.7%5.7%14.0%
85323$386,657$1,8905.9%5.7%2.6%
85031$320,104$1,7006.4%5.6%12.1%
85387$458,522$2,4606.4%5.6%13.0%
85205$404,331$1,6104.8%5.6%-16.7%
85310$535,152$2,5205.7%5.5%2.8%
85355$494,715$2,7606.7%5.4%18.7%
85378$414,700county est.$1,6304.7%5.4%-14.3%
85374$387,299$2,1906.8%5.3%21.4%
85209$443,733$2,0705.6%5.3%6.1%
85250$611,429$2,1304.2%5.2%-25.5%
85009$277,289$1,5306.6%5.2%21.1%
85035$319,074$1,5906.0%5.1%14.1%
85083$622,034$2,5104.8%5.1%-5.4%
85033$323,721$1,5605.8%5.0%13.1%
85206$382,911$1,9906.2%5.0%19.6%
85004$424,022$2,1506.1%5.0%17.9%
85281$401,049$2,0106.0%5.0%17.0%
85042$385,671$1,7805.5%4.9%11.7%
85338$438,525$2,1505.9%4.9%17.0%
85392$409,170$2,0906.1%4.9%20.6%
85331$827,276$2,7604.0%4.8%-20.3%
85340$519,686$2,2605.2%4.8%7.9%
85382$453,400$2,1305.6%4.8%15.2%
85307$406,379$2,0406.0%4.8%20.9%
85050$622,226$2,6005.0%4.7%5.4%
85207$551,288$1,8003.9%4.7%-20.8%
85212$558,988$2,3605.1%4.7%7.0%
85302$377,209$1,5304.9%4.7%3.3%
85298$682,321$2,7604.9%4.7%3.9%
85225$446,247$1,9105.1%4.6%9.9%
85296$548,042$2,4705.4%4.6%14.5%
85354$412,311$1,6304.7%4.6%2.6%
85204$390,790$1,7005.2%4.6%11.7%
85210$361,670$1,7305.7%4.6%19.7%
85215$503,657$2,1405.1%4.6%9.8%
85026$414,700county est.$1,8405.3%4.6%13.8%
85027$377,640$1,9006.0%4.6%23.9%
85236$414,700county est.$1,8405.3%4.6%13.8%
85256$414,700county est.$1,5304.4%4.6%-3.7%
85309$414,700county est.$2,2906.6%4.6%30.7%
85320$414,700county est.$1,7705.1%4.6%10.3%
85322$414,700county est.$1,5604.5%4.6%-1.7%
85329$414,700county est.$1,5604.5%4.6%-1.7%
85333$414,700county est.$1,5304.4%4.6%-3.7%
85343$414,700county est.$1,9305.6%4.6%17.8%
85377$414,700county est.$2,0806.0%4.6%23.7%
85545$414,700county est.$1,5304.4%4.6%-3.7%
85008$375,157$1,6405.2%4.6%12.6%
85024$487,038$2,1005.2%4.6%11.9%
85224$455,248$2,2205.9%4.6%22.1%
85201$358,237$1,6705.6%4.5%18.9%
85249$675,784$2,7604.9%4.5%7.6%
85282$465,341$2,0105.2%4.5%12.7%
85248$561,830$2,1704.6%4.5%2.4%
85301$310,522$1,5506.0%4.5%24.8%
85284$706,954$2,5504.3%4.5%-3.8%
85295$545,390$2,3005.1%4.4%12.1%
85297$591,476$2,4805.0%4.4%12.2%
85306$403,229$1,8205.4%4.4%18.5%
85032$448,948$1,7504.7%4.4%6.2%
85028$694,892$2,2003.8%4.4%-15.3%
85051$341,886$1,5305.4%4.4%18.6%
85233$523,230$2,2305.1%4.4%14.9%
85226$499,648$2,2705.5%4.3%20.6%
85257$551,859$2,1204.6%4.2%7.9%
85251$526,979$2,2005.0%4.2%15.3%
85305$462,331$2,1305.5%4.2%23.4%
85029$354,478$1,7105.8%4.2%27.3%
85308$471,182$2,1405.5%4.2%23.4%
85020$401,780$1,7505.2%4.1%20.7%
85383$638,054$2,6705.0%4.1%17.9%
85086$618,998$2,5605.0%4.1%17.0%
85053$375,990$1,5705.0%4.1%18.3%
85390$516,087$1,6803.9%4.1%-4.4%
85283$451,576$2,0805.5%4.1%26.5%
85202$397,023$1,8505.6%4.1%27.5%
85015$336,654$1,5605.6%4.0%27.8%
85381$452,020$1,9005.0%4.0%20.7%
85007$404,177$1,5304.5%4.0%12.2%
85268$666,705$2,0803.7%4.0%-6.2%
85234$551,482$2,2704.9%3.9%20.5%
85048$580,836$2,3204.8%3.9%18.1%
85014$451,502$1,8204.8%3.9%19.2%
85006$411,335$1,5304.5%3.9%12.5%
85044$476,837$2,2505.7%3.9%31.2%
85286$610,918$2,4404.8%3.9%18.8%
85395$547,263$2,2504.9%3.9%21.1%
85016$523,896$2,1204.9%3.8%21.6%
85203$447,264$1,6704.5%3.7%16.5%
85361$515,668$1,5303.6%3.7%-3.7%
85022$461,920$1,9805.1%3.7%29.0%
85013$489,706$1,9904.9%3.6%25.8%
85023$416,451$1,6404.7%3.6%23.7%
85262$1,525,944$2,7602.2%3.5%-63.0%
85260$716,176$2,4604.1%3.4%16.5%
85003$586,290$1,7303.5%3.4%3.9%
85254$893,154$2,3903.2%3.3%-3.4%
85085$639,219$2,1404.0%3.3%17.6%
85021$434,163$1,5904.4%3.3%25.5%
85213$550,629$1,8904.1%3.2%21.2%
85054$719,749$2,4704.1%3.2%21.5%
85087$627,517$2,2804.4%3.0%30.4%
85258$848,555$2,4603.5%3.0%15.2%
85045$662,963$2,7605.0%2.9%42.5%
85012$653,946$2,0103.7%2.9%22.7%
85263$836,127$2,5403.6%2.3%37.5%
85259$1,133,063$2,0402.2%2.3%-4.9%
85255$1,300,606$2,7602.5%2.1%19.3%
85018$986,154$1,9302.3%2.0%15.3%
85264$1,181,277$2,1202.2%1.6%25.1%
85266$1,285,188$2,7602.6%1.5%42.5%
85253$3,216,774$2,5000.9%0.8%14.9%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

65.0%

Census ACS

Vacancy rate

8.3%

Census ACS

Bachelor's degree +

35.9%

Census ACS

Rent burdened

48.5%

Census ACS (>30% income)

Median age

37.5

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026