Real Estate Investing in Chandler, Arizona (85248)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 85248 (Chandler, AZ)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.9% vacancy may signal weakening demand.
What’s happening in Chandler, AZ (85248)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 85248 Chandler
ZIP 85248 inside Maricopa County looks affordable on the surface — median value of $555K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 85248 is substantial only for operators who understand what they are buying. A $555K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 85248 sits on the difficult end of the AZ spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 85248 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 85248 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Chandler:
Property Strategy for 85248
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $454,584 | $2,170 | 3.4% | +5.8% | $227,292 |
| 3BR | $574,173 | $2,890 | 3.6% | +6.7% | $191,391 |
| 4BR | $760,843 | $3,230 | 3.1% | +7.6% | $190,211 |
| 5BR | $963,980 | — | — | +8.2% | $192,796 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 85248 Compare?
| Metric | 85248 | Chandler | Phoenix-Mesa-Chandler, AZ | Arizona |
|---|---|---|---|---|
| Home Value | $554,924 | $540,952 | N/A | $419,643 |
| 5-Year CAGR | 2.2% | 2.6% | N/A | 6.5% |
| Avg Rent | $2,236 | $2,085 | N/A | - |
| Cap Rate | 3.1% | 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 85248 (Chandler, 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 | $554,924 |
| Monthly Rent | $2,236 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 5.3% |
📈 Home Appreciation
| 1-Year | -1.9% ▼ |
| 3-Year CAGR | -0.7% ▼ |
| 5-Year CAGR | +2.2% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 Rent Trends
| 1-Year | -4.0% ▼ |
| 3-Year CAGR | -1.0% ▼ |
| 5-Year CAGR | +1.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). 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 85248
Population: 37,461
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 85248
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 3,401 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much should I expect to pay for a home in Chandler, AZ?
Typical homes in Chandler, AZ go for around $555K. The 5-year CAGR of 0.0% measured price movement.
Is the tenant base reliable in Chandler, AZ?
The renter base in Chandler, AZ is reasonable for the $2,236/mo price point. Screening well and pricing to market typically yields reliable tenants.
Can owner-occupants cash flow in Chandler, AZ?
Chandler, AZ offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,236/mo rent level.
Is Chandler, AZ a good place for real estate investing?
Yes - Chandler, AZ a 3.0/5 investability score. With $555K home prices against $2,236/mo monthly rent, the market delivers a reasonable entry point for new investors.
What strategy should investors use in Chandler, AZ?
Investors usually favor careful cash-flow rentals with hands-on management in Chandler, AZ. With home values at $555K and rents near $2,236/mo, other strategies can work but produce measured rather than outsized returns.
You know 85248 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 85248 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 85248 ranks in Phoenix-Mesa-Chandler, AZ
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