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These days, finding an affordable place to live in the 85045 area can be challenging. Home prices in 85045 are now at a median cost of $662,343, higher than the Arizona average of $421,436.
The average cost of rent is $2,433/mo in 85045, primarily driven by the current value of real estate in the 85045 area. In 85045, 7.10% of households rent, and 22.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 85045 is $13,481 per month. Households that rent pay about 18.05% of their income on rent here. 85045’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern 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
- 85048, AZ: less expensive homes
- 85041, AZ: less expensive homes
- 85339, AZ: less expensive homes
- 85042, AZ: less expensive homes
- 85044, AZ: less expensive homes
- 85284, AZ: equally priced homes
- 85226, AZ: less expensive homes
- 85283, AZ: less expensive homes
- 85282, AZ: less expensive homes
- 85224, AZ: less expensive homes
Zip Codes with Similar Populations
- 59804, MT: less expensive homes
- 54001, WI: less expensive homes
- 54669, WI: less expensive homes
- 55336, MN: less expensive homes
- 56320, MN: less expensive homes
- 56378, MN: less expensive homes
- 57042, SD: less expensive homes
- 58072, ND: less expensive homes
- 59725, MT: less expensive homes
- 53948, WI: less expensive homes
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