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Affordable
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These days, finding an affordable place to live in the 86016 area can be challenging. Home prices in 86016 are now at a median cost of $383,221, lower than the Arizona average of $421,436.
The average cost of rent is $1,228/mo in 86016, primarily driven by the current value of real estate in the 86016 area. In 86016, 8.99% of households rent, and 40.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 86016 is $8,151 per month. Households that rent pay about 15.06% of their income on rent here. 86016’s most expensive areas are in the eastern regions, while the cheapest areas are in the central 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
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Zip Codes with Similar Populations
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