Real Estate Investing in Phoenix, Arizona (85019)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 85019 (Phoenix, AZ)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated poverty: 20.5% poverty rate — can affect rent collection.
What’s happening in Phoenix, AZ (85019)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 85019 Phoenix
From a cash-flow lens, ZIP 85019 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $328K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $328K asset, 85019 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 85019's metrics run below Maricopa County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Put differently, 26,974 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 85019 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Phoenix:
Property Strategy for 85019
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $188,199 | $1,570 | 6.0% | +7.5% | $94,100 |
| 3BR | $328,203 | $2,090 | 4.6% | +7.3% | $109,401 |
| 4BR | $352,708 | $2,350 | 4.8% | +7.4% | $88,177 |
| 5BR | $377,688 | — | — | +7.8% | $75,538 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 85019 Compare?
| Metric | 85019 | Phoenix | Phoenix-Mesa-Chandler, AZ | Arizona |
|---|---|---|---|---|
| Home Value | $327,740 | $448,314 | N/A | $419,643 |
| 5-Year CAGR | 3.0% | 2.8% | N/A | 6.5% |
| Avg Rent | $1,412 | $1,672 | N/A | - |
| Cap Rate | 3.4% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 85019 (Phoenix, AZ). Anonymous, moderated, never written by AI.
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Property managers serving Maricopa County
Manage rentals here? List your business →Active Renter Property Management offers rental property management services in Phoenix, Arizona, including a 6-month tenant guarantee. summary from their website
Arête Realty and Property Management, LLC offers property management services and real estate expertise in Glendale, Avondale, Chandler, Mesa, Gilbert, Sun City, Paradise Valley, Scottsdale, and Peori summary from their website
Arizona Community Management Services offers a comprehensive suite of services for Association leaders, including board training, financial management, and covenants enforcement, with decades of exper summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $327,740 |
| Monthly Rent | $1,412 |
| Price-to-Rent | 19.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 6.4% |
📈 Home Appreciation
| 1-Year | 0.0% ▼ |
| 3-Year CAGR | +0.2% ▲ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 Rent Trends
| 1-Year | +1.4% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 85019
Population: 26,974
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 85019
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,073 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of market is Phoenix, AZ for investors?
Investors tracking Phoenix, AZ will find a 3.0/5 rating supported by $328K median home values and $1,412/mo rents. That profile suits long-term holders targeting even-keeled returns.
How high is vacancy risk in Phoenix, AZ?
Vacancy risk in Phoenix, AZ is elevated. That supports measured cash flow for typical rental holds.
How much is rent in Phoenix, AZ?
Phoenix, AZ rentals go for roughly $1,412/mo a month. That puts gross yield in solid territory relative to $328K acquisition costs.
Is it easy to find good tenants in Phoenix, AZ?
Tenant demand in Phoenix, AZ is solid. The local workforce $1,412/mo rents across most rental classes.
How strict are landlord regulations in Phoenix, AZ?
Phoenix, AZ operates under AZ law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
You know 85019 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 85019 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 85019 ranks in Phoenix-Mesa-Chandler, AZ
Every ZIP in this metro, ranked. Free.
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