Real Estate Investing in Arizona

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

31 counties • 254 cities • Landlord Friendliness: 5/5

3.0/ 5

Investability

Top ZIPs average

3.0/ 5

Appreciation

6.5% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Landlord Friendliness: Arizona

★ ★ ★ ★ ★ 5/5
Eviction Speed Fast 5 days
Rent Control No rent control (prohibited)
Security Deposit No limit

📊 Arizona Market Overview

Median Home Value $419,643
1-Year CAGR -3.2%
5-Year CAGR +6.5%
10-Year CAGR +7.3%

Investing in Arizona Real Estate

firmly Arizona (AZ) shows the kind of thin fundamentals that keep most out-of-state capital on the sidelines — material structural challenges rather than temporary rough patches.

firmly transaction volume in Arizona has thinned in ways that amplify price discovery risk. better suited elsewhere for investors without local context should treat every aggregate number skeptically.

The regulatory environment in Arizona isn't unusually hostile, but in distressed conditions the ordinary costs of compliance and enforcement compound in ways that screen data doesn't capture.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Free to search · investor plans from $19/mo
Avg Home Value $419,643
Cities Tracked 254
ZIP Codes 502

Market Trends — Arizona

Statewide Home Value History

$487K$411K$336K$261K$186K$110KNov 2005Nov 2015Oct 2025

Statewide Rent History

$1,903$1,714$1,525$1,336$1,147$958Jul 2016Jul 2021Jul 2026

Top ZIP Codes in Arizona

85142 Queen Creek $588,606 ★ ★ ★ ★ ★ 85326 Buckeye $371,393 ★ ★ ★ ★ ★ 85225 Chandler $445,180 ★ ★ ★ ★ ★ 85364 Yuma $263,956 ★ ★ ★ ★ ★ 85383 Peoria $636,653 ★ ★ ★ ★ ★ 85281 Tempe $396,722 ★ ★ ★ ★ ★ 85032 Phoenix $452,533 ★ ★ ★ ★ ★ 85301 Glendale $311,503 ★ ★ ★ ★ ★ 85308 Glendale $473,314 ★ ★ ★ ★ ★ 85204 Mesa $392,622 ★ ★ ★ ★ ★ 85338 Goodyear $436,166 ★ ★ ★ ★ ★ 85041 Phoenix $367,890 ★ ★ ★ ★ ★

🎓 Education in Arizona

🏫 Top K-12 Schools

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🎓 Top Colleges & Universities

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📊 Explore More for Arizona

🏠 Landlord-Friendly States 💰 Lowest Property Tax States 📈 Best States for Investing 💼 Career Paths & Salaries 📚 Degree Programs 🎓 Arizona Colleges

Counties in Arizona

Maricopa County (128 ZIPs) Pima County (38 ZIPs) Pinal County (19 ZIPs) Yavapai County (24 ZIPs) Mohave County (16 ZIPs) Yuma County (7 ZIPs) Cochise County (16 ZIPs) Coconino County (11 ZIPs) Navajo County (9 ZIPs) Apache (20 ZIPs) Santa Cruz County (5 ZIPs) Gila County (7 ZIPs) Graham County (3 ZIPs) Navajo (17 ZIPs) Coconino (13 ZIPs) Pima (15 ZIPs) Gila (4 ZIPs) Apache County (8 ZIPs) La Paz County (4 ZIPs) Pinal (8 ZIPs) Cochise (7 ZIPs) Maricopa (7 ZIPs) Mohave (9 ZIPs) Greenlee (3 ZIPs) Graham (6 ZIPs) Yavapai (5 ZIPs) McKinley (1 ZIPs) Greenlee County (1 ZIPs) La Paz (4 ZIPs) Yuma (2 ZIPs)

1 more counties available

Major Cities in Arizona

Phoenix (44 ZIPs) Tucson (49 ZIPs) Mesa (13 ZIPs) Chandler (6 ZIPs) Scottsdale (11 ZIPs) Glendale (8 ZIPs) Gilbert (6 ZIPs) Peoria (4 ZIPs) Tempe (4 ZIPs) Surprise (5 ZIPs) Yuma (4 ZIPs) Buckeye (2 ZIPs) Goodyear (2 ZIPs) Flagstaff (7 ZIPs) San Tan Valley (2 ZIPs) Queen Creek (1 ZIPs) Avondale (2 ZIPs) Maricopa (2 ZIPs) Casa Grande (3 ZIPs) Prescott (4 ZIPs) Lake Havasu City (3 ZIPs) Prescott Valley (3 ZIPs) Kingman (2 ZIPs) Apache Junction (2 ZIPs) Sierra Vista (2 ZIPs) Sun City (2 ZIPs) Tolleson (1 ZIPs) Anthem (1 ZIPs) Bullhead City (2 ZIPs) Oro Valley (2 ZIPs) Marana (2 ZIPs) Litchfield Park (1 ZIPs) Florence (1 ZIPs) El Mirage (1 ZIPs) Cave Creek (1 ZIPs) Vail (1 ZIPs) Green Valley (2 ZIPs) Sahuarita (1 ZIPs) San Luis (1 ZIPs) Sun City West (1 ZIPs)

214 more cities available

Don’t scroll every ZIP in this state by hand — filter the whole state by cap rate, vacancy and appreciation with Pro Search ($19/mo), and get a weekly alert when your shortlist moves (Investor Pro+). See plans →

Not planning to self-manage? We list 63 property management companies in Arizona — searchable by county, with focus and specialties. Browse property managers →

Popular Neighborhoods in Arizona

Cambridge Estates Avondale (2 ZIPs) Cashion Avondale (2 ZIPs) Coldwater Ridge Avondale (2 ZIPs) Coldwater Springs Avondale (2 ZIPs) Corte Sierra Avondale (2 ZIPs) Crystal Garden Avondale (2 ZIPs) Crystal Point Avondale (2 ZIPs) CW Ranch Avondale (2 ZIPs) Del Rio Ranch Avondale (2 ZIPs) Fieldcrest Avondale (2 ZIPs) Garden Lakes Avondale (2 ZIPs) Glenarm Farms Avondale (2 ZIPs) Glenhurst Avondale (2 ZIPs) Harbor Shores Avondale (2 ZIPs) Historic Avondale Avondale (2 ZIPs) Las Ligas Avondale (2 ZIPs) Las Palmeras West Avondale (2 ZIPs) Rancho Santa Fe Avondale (2 ZIPs) Roosevelt Park Avondale (2 ZIPs) Sage Creek Avondale (2 ZIPs) Tres Rios Landing Avondale (2 ZIPs) Upland Park Avondale (2 ZIPs) Westwind Avondale (2 ZIPs) Alamosa Chandler (6 ZIPs) Alma School Place Chandler (6 ZIPs)

Frequently Asked Questions About Arizona Real Estate

How strong is, AZ for real estate investors?

Investors tracking, AZ will find a /5 rating supported by $420K median home values and rents. That profile suits long-term holders targeting measured returns.

What is the typical vacancy rate in, AZ?

Rental vacancy in, AZ is elevated. Investors should budget normal turnover but not chronic empty units.

How much do tenants pay in, AZ?

Investors in, AZ typically see rents near per month against $420K home values - a solid setup for rental cash flow.

How strong is tenant demand in, AZ?

The tenant pool in, AZ is solid, supported by local employment and population fundamentals. Rents are well-absorbed by the market.

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