Most Affordable ZIP Codes in Phoenix-Mesa-Chandler, AZ (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 85631 San Manuel, AZ $154,069 $1,377 6.97% 2.0%
2 85173 Superior, AZ $190,264 $1,377 5.65% 0.2%
3 85337 Gila Bend, AZ $220,558 $1,377 4.87% 0.6%
4 85123 Arizona City, AZ $249,505 $1,430 4.47% 2.2%
5 85128 Coolidge, AZ $266,926 $1,599 4.67% 2.3%
6 85351 Sun City, AZ $274,012 $1,652 4.70% 0.9%
7 85034 Phoenix, AZ $281,805 $1,414 3.91% 3.6%
8 85131 Eloy, AZ $290,657 $1,312 3.52% 2.4%
9 85145 Red Rock, AZ $290,768 $1,647 4.42% 2.1%
10 85017 Phoenix, AZ $301,412 $1,290 3.34% 2.5%
11 85122 Casa Grande, AZ $308,237 $1,707 4.32% 2.2%
12 85363 Youngtown, AZ $309,741 $1,576 3.97% 3.2%
13 85301 Glendale, AZ $311,503 $1,144 2.86% 3.0%
14 85040 Phoenix, AZ $320,643 $1,829 4.45% 2.8%
15 85035 Phoenix, AZ $321,204 $1,364 3.31% 3.2%
16 85031 Phoenix, AZ $325,961 $1,069 2.56% 3.3%
17 85033 Phoenix, AZ $326,076 $1,367 3.27% 3.2%
18 85019 Phoenix, AZ $327,740 $1,412 3.36% 3.0%
19 85132 Florence, AZ $331,810 $1,748 4.11% 2.1%
20 85378 Surprise, AZ $333,079 $1,764 4.13% 2.5%
21 85335 El Mirage, AZ $341,500 $1,918 4.38% 2.7%
22 85051 Phoenix, AZ $345,320 $1,332 3.01% 2.4%
23 85138 Maricopa, AZ $345,597 $1,835 4.14% 0.5%
24 85037 Phoenix, AZ $354,062 $1,733 3.82% 3.2%
25 85120 Apache Junction, AZ $355,597 $1,815 3.98% 3.1%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →