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

This metro is one of hundreds you can screen side by side — filter by the numbers that matter and get alerts when they move. See plans →

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
❄️
COOL MARKET
Flagstaff, AZ Metro Area
More inventory, negotiating room for buyers
70 days
Average time to sell
Slow
9.4%
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 August 29, 2026 — updated weekly

Best ZIP codes in Flagstaff, AZ

Every ZIP in the metro, ranked four ways. Free.

Cash Flow → Appreciation → Affordable →

Cities in Flagstaff, AZ

Top ZIP Codes by Investability

ZIP Code City State Home Value Rent Cap Rate Rating
86017 Munds Park AZ $590,120 $1,701 2.25% 3.0 ★
86040 Page AZ $382,545 $1,575 3.21% 3.0 ★
85931 Forest Lakes AZ $555,213 $1,575 2.21% 3.0 ★
86001 Flagstaff AZ $671,771 $2,037 2.36% 3.0 ★
86018 Parks AZ $600,462 $1,872 2.43% 3.0 ★
86046 Williams AZ $448,570 $1,575 2.74% 3.0 ★
86004 Flagstaff AZ $624,069 $2,143 2.68% 3.0 ★
86024 Happy Jack AZ $499,675 $1,899 2.96% 3.0 ★
86038 Mormon Lake AZ $370,969 $1,764 3.71% 3.0 ★
86005 Flagstaff AZ $734,179 $2,176 2.31% 3.0 ★
86015 Parks AZ $551,830 $1,917 2.71% 3.0 ★
86040 Page AZ $365,726 $1,575 3.36% 3.0 ★
85931 Forest Lakes AZ $551,809 $1,575 2.23% 3.0 ★
86017 Munds Park AZ $589,290 $1,701 2.25% 3.0 ★
86046 Williams AZ $432,506 $1,575 2.84% 3.0 ★
86001 Flagstaff AZ $669,109 $2,129 2.48% 3.0 ★
86018 Parks AZ $607,327 $1,872 2.40% 3.0 ★
86004 Flagstaff AZ $628,139 $2,243 2.79% 3.0 ★
86024 Happy Jack AZ $507,051 $1,899 2.92% 3.0 ★
86038 Mormon Lake AZ $402,649 $1,764 3.42% 3.0 ★
86005 Flagstaff AZ $733,566 $2,379 2.53% 3.0 ★
86015 Parks AZ $554,119 $1,917 2.70% 3.0 ★
86040 Page AZ $379,417 $1,575 3.24% 3.0 ★
85931 Forest Lakes AZ $541,945 $1,575 2.27% 3.0 ★
86001 Flagstaff AZ $663,435 $2,357 2.77% 3.0 ★
86017 Munds Park AZ $591,447 $1,701 2.24% 3.0 ★
86046 Williams AZ $439,744 $1,575 2.79% 3.0 ★
86004 Flagstaff AZ $613,014 $2,063 2.62% 3.0 ★
86018 Parks AZ $610,488 $1,872 2.39% 3.0 ★
86024 Happy Jack AZ $514,883 $1,899 2.88% 3.0 ★
86005 Flagstaff AZ $722,098 $2,080 2.25% 3.0 ★
86015 Parks AZ $547,857 $1,917 2.73% 3.0 ★
86038 Mormon Lake AZ $393,049 $1,764 3.50% 3.0 ★
85931 Forest Lakes AZ $559,274 $1,575 2.20% 3.0 ★
86017 Munds Park AZ $576,128 $1,701 2.30% 3.0 ★
86040 Page AZ $376,852 $1,500 3.10% 3.0 ★
86046 Williams AZ $443,436 $1,575 2.77% 3.0 ★
86001 Flagstaff AZ $674,682 $1,983 2.29% 3.0 ★
86018 Parks AZ $594,362 $1,872 2.46% 3.0 ★
86004 Flagstaff AZ $629,959 $2,268 2.81% 3.0 ★
86024 Happy Jack AZ $500,498 $1,899 2.96% 3.0 ★
86038 Mormon Lake AZ $385,208 $1,764 3.57% 3.0 ★
86005 Flagstaff AZ $738,844 $2,281 2.41% 3.0 ★
86015 Parks AZ $555,972 $1,917 2.69% 3.0 ★
86040 Page AZ $373,119 $1,575 3.29% 3.0 ★
85931 Forest Lakes AZ $544,097 $1,575 2.26% 3.0 ★
86001 Flagstaff AZ $658,487 $2,170 2.57% 3.0 ★
86017 Munds Park AZ $597,430 $1,701 2.22% 3.0 ★
86046 Williams AZ $433,517 $1,575 2.83% 3.0 ★
86004 Flagstaff AZ $613,416 $2,202 2.80% 3.0 ★
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

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.