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These days, finding an affordable place to live in the 86040 area can be challenging. Home prices in 86040 are now at a median cost of $239,550, lower than the Arizona average of $421,436.
The average cost of rent is $853/mo in 86040, primarily driven by the current value of real estate in the 86040 area. In 86040, 26.88% of households rent, and 49.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 86040 is $8,161 per month. Households that rent pay about 10.45% of their income on rent here. 86040’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern 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
- 86036, AZ: less expensive homes
- 86022, AZ: higher priced homes
- 86021, AZ: higher priced homes
- 86535, AZ: less expensive homes
- 86514, AZ: less expensive homes
- 86432, AZ: higher priced homes
- 89027, NV: higher priced homes
- 89034, NV: higher priced homes
- 89007, NV: higher priced homes
- 87420, NM: less expensive homes
Zip Codes with Similar Populations
- 28513, NC: less expensive homes
- 01607, MA: higher priced homes
- 02631, MA: higher priced homes
- 19952, DE: higher priced homes
- 07075, NJ: higher priced homes
- 97383, OR: higher priced homes
- 56374, MN: higher priced homes
- 93465, CA: higher priced homes
- 28425, NC: equally priced homes
- 41339, KY: less expensive homes
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