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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 $479,118, higher than the Arizona average of $421,436.
The average cost of rent is $1,375/mo in 85118, primarily driven by the current value of real estate in the 85118 area. In 85118, 8.00% of households rent, and 52.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 85118 is $7,457 per month. Households that rent pay about 18.43% of their income on rent here. 85118’s most expensive areas are in the northern regions, while the cheapest areas are in the western 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
- 85119, AZ: less expensive homes
- 85120, AZ: less expensive homes
- 85140, AZ: equally priced 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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