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These days, finding an affordable place to live in the 85118 area can be challenging. Home prices in 85118 are now at a median cost of $339,923, higher than the Arizona average of $274,828.
The average cost of rent is $1,159/mo in 85118, primarily driven by the current value of real estate in the 85118 area. While nearly 50.16% of residents own their homes outright in 85118, 6.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in 85118 is $6,873 per month. Households that rent pay about 16.86% of their income on rent here. 85118's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 85119, AZ: less expensive homes
- 85120, AZ: less expensive homes
- 85140, AZ: less expensive homes
- 85212, AZ: higher priced homes
- 85208, AZ: less expensive homes
- 85209, AZ: less expensive homes
- 85207, AZ: equally priced homes
- 85142, AZ: higher priced homes
- 85206, AZ: less expensive homes
- 85205, AZ: less expensive homes
Zip Codes with Similar Populations
- 94705, CA: higher priced homes
- 73106, OK: less expensive homes
- 78257, TX: higher priced homes
- 82520, WY: less expensive homes
- 27214, NC: less expensive homes
- 89143, NV: equally priced homes
- 21047, MD: higher priced homes
- 21029, MD: higher priced homes
- 92014, CA: higher priced homes
- 20678, MD: equally priced homes
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