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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 $259,840, lower than the Arizona average of $421,436.
The average cost of rent is $812/mo in 85940, primarily driven by the current value of real estate in the 85940 area. In 85940, 15.42% of households rent, and 52.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 85940 is $6,112 per month. Households that rent pay about 13.29% of their income on rent here. 85940’s most expensive areas are in the southern 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
- 85935, AZ: higher priced homes
- 85929, AZ: higher priced homes
- 85912, AZ: higher priced homes
- 85901, AZ: higher priced homes
- 85925, AZ: equally priced homes
- 85938, AZ: equally priced homes
- 85934, AZ: equally priced homes
- 85923, AZ: equally priced homes
- 85931, AZ: higher priced homes
- 87829, NM: equally priced 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: higher priced homes
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