Fastest-Appreciating ZIP Codes in Phoenix-Mesa-Chandler, AZ (2026)

Ranked by 5-year compound annual growth in home values. Fast growth and strong cash flow rarely appear in the same ZIP — this is the other side of that trade.

# ZIP City Home value Rent Cap rate 5-yr growth
1 85253 Paradise Valley, AZ $3,291,945 $1,903 0.45% 11.2%
2 85255 Scottsdale, AZ $1,312,235 $2,318 1.38% 6.6%
3 85259 Scottsdale, AZ $1,145,354 $1,729 1.18% 5.8%
4 85262 Scottsdale, AZ $1,536,644 $4,979 2.53% 5.8%
5 85254 Scottsdale, AZ $905,814 $2,517 2.17% 5.5%
6 85266 Scottsdale, AZ $1,284,633 $5,496 3.34% 5.3%
7 85354 Tonopah, AZ $418,427 $1,467 2.73% 5.3%
8 85258 Scottsdale, AZ $860,397 $2,041 1.85% 5.1%
9 85018 Phoenix, AZ $984,553 $1,565 1.24% 5.0%
10 85054 Phoenix, AZ $718,407 $1,925 2.09% 4.8%
11 85361 Wittmann, AZ $515,547 $2,305 3.49% 4.7%
12 85331 Cave Creek, AZ $831,487 $3,243 3.04% 4.7%
13 85377 Carefree, AZ $1,221,156 $1,872 1.20% 4.7%
14 85263 Rio Verde, AZ $830,067 $2,286 2.15% 4.6%
15 85028 Phoenix, AZ $705,326 $2,741 3.03% 4.1%
16 85087 New River, AZ $626,633 $2,797 3.48% 3.9%
17 85260 Scottsdale, AZ $719,590 $2,052 2.22% 3.8%
18 85342 Morristown, AZ $406,217 $1,377 2.64% 3.8%
19 85250 Scottsdale, AZ $620,266 $2,554 3.21% 3.7%
20 85012 Phoenix, AZ $641,471 $1,581 1.92% 3.6%
21 85268 Fountain Hills, AZ $667,568 $2,294 2.68% 3.6%
22 85034 Phoenix, AZ $281,805 $1,414 3.91% 3.6%
23 85050 Phoenix, AZ $623,197 $2,530 3.17% 3.5%
24 85234 Gilbert, AZ $554,682 $1,813 2.55% 3.5%
25 85213 Mesa, AZ $556,575 $1,592 2.23% 3.4%

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 →