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Affordable
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These days, finding an affordable place to live in the 85004 area can be challenging. Home prices in 85004 are now at a median cost of $503,623, higher than the Arizona average of $421,436.
The average cost of rent is $1,773/mo in 85004, primarily driven by the current value of real estate in the 85004 area. In 85004, 75.84% of households rent, and 40.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 85004 is $5,718 per month. Households that rent pay about 31.00% of their income on rent here. 85004’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 85003, AZ: equally priced homes
- 85007, AZ: less expensive homes
- 85006, AZ: less expensive homes
- 85034, AZ: less expensive homes
- 85012, AZ: higher priced homes
- 85013, AZ: equally priced homes
- 85009, AZ: less expensive homes
- 85014, AZ: equally priced homes
- 85016, AZ: higher priced homes
- 85015, AZ: less expensive homes
Zip Codes with Similar Populations
- 06379, CT: less expensive homes
- 48612, MI: less expensive homes
- 63088, MO: less expensive homes
- 62832, IL: less expensive homes
- 61342, IL: less expensive homes
- 60425, IL: less expensive homes
- 59457, MT: less expensive homes
- 57032, SD: less expensive homes
- 56716, MN: less expensive homes
- 54720, WI: less expensive homes
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