Real Estate Investing in Fountain Hills, Arizona (85268)

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

Maricopa County • Population: 23,895 • Data updated: September 2026

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Should you buy in 85268 (Fountain Hills, AZ)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (38/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 16.1% of homes vacant — above national norms.

What’s happening in Fountain Hills, AZ (85268)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $667,568
Avg Monthly Rent $2,294
1% Rule ✗ Does Not Meet
Median Income $100,566
% Renters 15.0%

Market Analysis: 85268 Fountain Hills

ZIP 85268 inside Maricopa County looks affordable on the surface — median value of $668K — but the discount exists for reasons that a careful buyer should understand before committing.

For an experienced owner, 85268 can be a a viable market for hunting ground — but the discount at $668K reflects genuine risk that outside investors often underestimate.

Nearby ZIPs in Fountain Hills have seen price recovery that 85268 has not matched. Maricopa County data supports the view that the spread is structural rather than temporary.

Demographically, 85268 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

The 85268 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Fountain Hills:

C+ Average
Buy Confidence Score: 61/100
Affordability
5/25
Appreciation
18/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.6× the median income
Value Trend
Stable (+1.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,294/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Phoenix-Mesa-Chandler, AZ Metro Area
More inventory, negotiating room for buyers
64 days
Average time to sell
Slow
11.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Phoenix-Mesa-Chandler, AZ metro data
🏠

Property Strategy for 85268

Which property type performs best in this market?

Best for Cash Flow
2BR
3.9% cap rate
Best for Appreciation
5BR
+9.7% 5yr CAGR
Best Overall Value
2BR
$191,364/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $382,727 $2,080 3.9% +6.6% $191,364
3BR $691,511 $2,770 2.9% +7.7% $230,504
4BR $1,057,749 $3,080 2.1% +8.7% $264,437
5BR $1,525,441 +9.7% $305,088

Market Trends

Home Value History (with trend line)

$724K$624K$524K$424K$324K$224KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,676$2,538$2,400$2,261$2,123$1,985Jun 2021Jan 2024Jul 2026

📊 How Does 85268 Compare?

Metric 85268 Fountain Hills Phoenix-Mesa-Chandler, AZ Arizona
Home Value $667,568 $667,568 N/A $419,643
5-Year CAGR 3.6% 3.6% N/A 6.5%
Avg Rent $2,294 $2,294 N/A -
Cap Rate 2.7% 2.7% - -
💡 Why Invest in 85268? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 85268 (Fountain Hills, 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

Unclaimed — is this your business? Claim it free

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

Unclaimed — is this your business? Claim it free

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

Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
2.7%
Low
5yr Growth
+3.6%
Moderate

📊 Market Snapshot

Home Value $667,568
Monthly Rent $2,294
Price-to-Rent 24.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.1%
Cap Rate 2.7%
5-Year IRR 6.3%

📈 Home Appreciation

1-Year +1.0% ▲
3-Year CAGR +1.6% ▲
5-Year CAGR +3.6% ▲
10-Year CAGR +6.0% ▲

🏠 Rent Trends

1-Year -8.8% ▼
3-Year CAGR -1.2% ▼
5-Year CAGR +1.4% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 2.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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.

Vacancy
16.1%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.6%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 85268

Population: 23,895

💰 Median Household Income
$100,566
This area
$100,566
State
$66,355
USA
$74,580
🏠 Renter Occupied
15.0%
This area
15.0%
State
28.6%
USA
34.0%
💼 Unemployment Rate
2.7%
This area
2.7%
State
-23.2%
USA
3.7%
🎓 College Educated
50.3%
This area
50.3%
State
-1.0%
USA
33.7%
👤 Median Age
60.2 years
This area
60.2 years
State
11.1 years
USA
38.9 years
🏚️ Vacancy Rate
16.1%
This area
16.1%
State
19.2%
USA
10.5%
👥 Population by Ethnicity
White 91.2%
Other/Mixed 4.3%
Black/African American 2.2%
Asian 2.2%
Hispanic/Latino 1.4%
👶 Under 18
11.9%
This area
11.9%
USA
22.0%
👴 65 and Over
37.9%
This area
37.9%
USA
17.3%
📊 Poverty Rate
5.0%
This area
5.0%
USA
11.5%

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 85268

B Avg School Grade
7 Schools
16.2:1 Avg Class Size
$85,325 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Fountain Hills Middle School

📚 04 – 08 School
👥
237 Students
👨‍🏫
10.9:1 Class Size
💰
$12,075 Per Student
B+ Above Average

McDowell Mountain Elementary School

📚 Pre-K – 05 Elementary
👥
418 Students
👨‍🏫
14.4:1 Class Size
💰
$12,075 Per Student
B Good

EVIT - Fountain Hills Vocational Center

📚 09 – 12 High School Limited Data
💰
$268,451 Per Student
B Good

EVIT North Fountain Hills

📚 09 – 12 High School Limited Data
💰
$268,451 Per Student
B Good

Fountain Hills High School

📚 09 – 12 High School
👥
404 Students
👨‍🏫
19.4:1 Class Size
💰
$12,075 Per Student
C Below Average

Fountain Hills Virtual Academy

📚 K – 12 K-12 Limited Data
👥
54 Students
💰
$12,075 Per Student
C Below Average

Little Falcons Preschool

📚 Grade PK Elementary
👥
40 Students
👨‍🏫
20.0:1 Class Size
💰
$12,075 Per Student
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

7 Nearby 2,983 Off-Campus Students
C
Arizona Culinary Institute
157 students · 5.5 mi
D
Phoenix Seminary
312 students · 10.0 mi
C
Scottsdale Community College
6,875 students · 10.7 mi
C
Penrose Academy
390 students · 10.8 mi
C
The School of Architecture
6 students · 11.7 mi
C
Arizona School of Integrative Studies
161 students · 14.4 mi
C
Arizona State University Digital Immersion
66,062 students · 14.5 mi

Investor Insight: With 2,983 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the typical renter like in Fountain Hills, AZ?

Working renters make up the core of the Fountain Hills, AZ tenant base. The pool is reasonable for investors targeting long-term holds.

What is it like being a landlord in Fountain Hills, AZ?

Fountain Hills, AZ falls under AZ landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

How much does a house cost in Fountain Hills, AZ?

Typical homes in Fountain Hills, AZ go for around $668K. The 5-year CAGR of 0.0% predictable price movement.

Are there empty rentals in Fountain Hills, AZ?

Occupancy in Fountain Hills, AZ runs stable with elevated vacancy. Well-priced units at $2,294/mo lease on reasonable timelines.

How much do tenants pay in Fountain Hills, AZ?

Rents in Fountain Hills, AZ run near $2,294/mo. Compared with median home prices of $668K that produces solid gross yields for typical rentals.

You know 85268 now. You don’t know where it ranks.

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How 85268 ranks in Phoenix-Mesa-Chandler, AZ

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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