Flagstaff, AZ Metro Area - Investment Guide
Metro Area • 8 Cities • 11 ZIP Codes
Avg Home Value
$551,536
Avg Monthly Rent
$1,869
Avg Cap Rate
2.69%
Avg Investability
3.0 ★
Cities
8
ZIP Codes
11
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
7.28%
as of Oct 1
Source: Freddie Mac PMMS
❄️
COOL MARKET
Flagstaff, AZ Metro Area
More inventory, negotiating room for buyers
68 days
Average time to sell
Slow
9.1%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of September 19, 2026 — updated weekly
Best ZIP codes in Flagstaff, AZ
Every ZIP in the metro, ranked four ways. Free.
Cities in Flagstaff, AZ
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 86018 | Parks | AZ | $618,357 | $1,872 | 2.36% | |
| 86004 | Flagstaff | AZ | $613,416 | $2,202 | 2.80% | |
| 86005 | Flagstaff | AZ | $733,189 | $2,333 | 2.48% | |
| 86024 | Happy Jack | AZ | $520,546 | $1,899 | 2.85% | |
| 86015 | Parks | AZ | $555,754 | $1,917 | 2.69% | |
| 86038 | Mormon Lake | AZ | $401,480 | $1,764 | 3.43% | |
| 85931 | Forest Lakes | AZ | $555,545 | $1,575 | 2.21% | |
| 86017 | Munds Park | AZ | $590,120 | $1,701 | 2.25% | |
| 86040 | Page | AZ | $381,832 | $1,500 | 3.06% | |
| 86046 | Williams | AZ | $450,509 | $1,575 | 2.73% | |
| 86001 | Flagstaff | AZ | $669,837 | $1,933 | 2.25% | |
| 86018 | Parks | AZ | $600,462 | $1,872 | 2.43% | |
| 86024 | Happy Jack | AZ | $499,675 | $1,899 | 2.96% | |
| 86004 | Flagstaff | AZ | $626,354 | $2,272 | 2.83% | |
| 86005 | Flagstaff | AZ | $732,704 | $2,253 | 2.40% | |
| 86038 | Mormon Lake | AZ | $370,969 | $1,764 | 3.71% | |
| 85931 | Forest Lakes | AZ | $544,097 | $1,575 | 2.26% | |
| 86015 | Parks | AZ | $555,234 | $1,917 | 2.69% | |
| 86040 | Page | AZ | $365,726 | $1,575 | 3.36% | |
| 86046 | Williams | AZ | $432,506 | $1,575 | 2.84% | |
| 86001 | Flagstaff | AZ | $658,487 | $2,170 | 2.57% | |
| 86017 | Munds Park | AZ | $592,647 | $1,701 | 2.24% | |
| 86018 | Parks | AZ | $612,321 | $1,872 | 2.38% | |
| 86004 | Flagstaff | AZ | $613,416 | $2,202 | 2.80% | |
| 86005 | Flagstaff | AZ | $733,189 | $2,333 | 2.48% | |
| 86024 | Happy Jack | AZ | $512,858 | $1,899 | 2.89% | |
| 86015 | Parks | AZ | $555,754 | $1,917 | 2.69% | |
| 86038 | Mormon Lake | AZ | $398,092 | $1,764 | 3.46% | |
| 85931 | Forest Lakes | AZ | $555,213 | $1,575 | 2.21% | |
| 86017 | Munds Park | AZ | $590,120 | $1,701 | 2.25% | |
| 86040 | Page | AZ | $382,545 | $1,575 | 3.21% | |
| 86046 | Williams | AZ | $448,570 | $1,575 | 2.74% | |
| 86001 | Flagstaff | AZ | $671,771 | $2,037 | 2.36% | |
| 86018 | Parks | AZ | $600,462 | $1,872 | 2.43% | |
| 86024 | Happy Jack | AZ | $499,675 | $1,899 | 2.96% | |
| 86004 | Flagstaff | AZ | $624,069 | $2,143 | 2.68% | |
| 86005 | Flagstaff | AZ | $734,179 | $2,176 | 2.31% | |
| 86038 | Mormon Lake | AZ | $370,969 | $1,764 | 3.71% | |
| 86015 | Parks | AZ | $551,830 | $1,917 | 2.71% | |
| 86040 | Page | AZ | $365,726 | $1,575 | 3.36% | |
| 86046 | Williams | AZ | $432,506 | $1,575 | 2.84% | |
| 85931 | Forest Lakes | AZ | $551,809 | $1,575 | 2.23% | |
| 86017 | Munds Park | AZ | $589,290 | $1,701 | 2.25% | |
| 86018 | Parks | AZ | $607,327 | $1,872 | 2.40% | |
| 86001 | Flagstaff | AZ | $669,109 | $2,129 | 2.48% | |
| 86024 | Happy Jack | AZ | $507,051 | $1,899 | 2.92% | |
| 86004 | Flagstaff | AZ | $628,139 | $2,243 | 2.79% | |
| 86005 | Flagstaff | AZ | $733,566 | $2,379 | 2.53% | |
| 86038 | Mormon Lake | AZ | $402,649 | $1,764 | 3.42% | |
| 85931 | Forest Lakes | AZ | $541,945 | $1,575 | 2.27% |
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About Flagstaff, AZ Real Estate Market
The Flagstaff, AZ metropolitan statistical area (MSA) encompasses 8 cities and 11 ZIP codes. The average home value across the metro is $551,536, with an average monthly rent of $1,869. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.