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These days, finding an affordable place to live in the 85023 area can be challenging. Home prices in 85023 are now at a median cost of $402,506, lower than the Arizona average of $421,436.
The average cost of rent is $1,819/mo in 85023, primarily driven by the current value of real estate in the 85023 area. In 85023, 40.61% of households rent, and 30.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 85023 is $7,348 per month. Households that rent pay about 24.76% of their income on rent here. 85023’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central 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
- 85053, AZ: equally priced homes
- 85022, AZ: equally priced homes
- 85027, AZ: less expensive homes
- 85029, AZ: less expensive homes
- 85024, AZ: higher priced homes
- 85306, AZ: equally priced homes
- 85021, AZ: equally priced homes
- 85032, AZ: equally priced homes
- 85308, AZ: higher priced homes
- 85304, AZ: equally priced homes
Zip Codes with Similar Populations
- 34683, FL: higher priced homes
- 32773, FL: less expensive homes
- 33133, FL: higher priced homes
- 33326, FL: higher priced homes
- 33543, FL: equally priced homes
- 33611, FL: higher priced homes
- 33823, FL: less expensive homes
- 34205, FL: less expensive homes
- 34608, FL: less expensive homes
- 32312, FL: higher priced homes
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