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These days, finding an affordable place to live in the 85940 area can be challenging. Home prices in 85940 are now at a median cost of $208,091, lower than the Arizona average of $274,828.
The average cost of rent is $708/mo in 85940, primarily driven by the current value of real estate in the 85940 area. While nearly 54.63% of residents own their homes outright in 85940, 16.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in 85940 is $5,147 per month. Households that rent pay about 13.75% of their income on rent here. 85940's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 85935, AZ: equally priced homes
- 85929, AZ: equally priced homes
- 85912, AZ: equally priced homes
- 85901, AZ: equally priced homes
- 85925, AZ: equally priced homes
- 85938, AZ: less expensive homes
- 85934, AZ: less expensive homes
- 85923, AZ: less expensive homes
- 85931, AZ: higher priced homes
- 87829, NM: less expensive homes
Zip Codes with Similar Populations
- 86506, AZ: less expensive homes
- 13780, NY: less expensive homes
- 13788, NY: less expensive homes
- 14815, NY: less expensive homes
- 14855, NY: less expensive homes
- 15331, PA: less expensive homes
- 15427, PA: less expensive homes
- 15924, PA: less expensive homes
- 84747, UT: higher priced homes
- 03243, NH: less expensive homes
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