Real Estate Investing in Tempe, Arizona (85282)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 85282 (Tempe, 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.
No major risk flags on the data we track.
What’s happening in Tempe, AZ (85282)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 85282 Tempe
The 85282 ZIP in Tempe, AZ is a local-operator market. Outside capital chasing a $465K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 85282 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Tempe have seen price recovery that 85282 has not matched. Maricopa County data supports the view that the spread is structural rather than temporary.
Demographically, 85282 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.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Tempe:
Property Strategy for 85282
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $217,192 | $1,730 | 5.7% | +7.5% | $217,192 |
| 2BR | $295,291 | $2,010 | 4.9% | +6.6% | $147,646 |
| 3BR | $444,823 | $2,680 | 4.3% | +7.0% | $148,274 |
| 4BR | $537,348 | $2,970 | 4.0% | +7.0% | $134,337 |
| 5BR | $593,455 | — | — | +7.0% | $118,691 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 85282 Compare?
| Metric | 85282 | Tempe | Phoenix-Mesa-Chandler, AZ | Arizona |
|---|---|---|---|---|
| Home Value | $464,870 | $507,710 | N/A | $419,643 |
| 5-Year CAGR | 2.6% | 2.6% | N/A | 6.5% |
| Avg Rent | $1,555 | $1,907 | N/A | - |
| Cap Rate | 2.6% | 2.9% | - | - |
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 85282 (Tempe, AZ). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 85282 (Tempe, AZ)?
~25 seconds · no account needed · your report is anonymous
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 | $464,870 |
| Monthly Rent | $1,555 |
| Price-to-Rent | 24.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 5.2% |
📈 Home Appreciation
| 1-Year | +0.5% ▲ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 Rent Trends
| 1-Year | -1.3% ▼ |
| 3-Year CAGR | -1.1% ▼ |
| 5-Year CAGR | +0.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). 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 85282
Population: 54,501
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 85282
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 6,526 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Tempe, AZ landlord-friendly?
Landlord-friendliness in Tempe, AZ is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is it easy to find good tenants in Tempe, AZ?
Tempe, AZ offers a even-keeled renter base at the $1,555/mo rent level. Tenant turnover is reasonable for well-managed properties.
How strong are rents in Tempe, AZ?
Rent in Tempe, AZ is around $1,555/mo. The resulting rent-to-value relationship with $465K pricing is reasonable for most investor models.
How strong is Tempe, AZ for real estate investors?
Investors tracking Tempe, AZ will find a 3.0/5 rating supported by $465K median home values and $1,555/mo rents. That profile suits long-term holders targeting reliable returns.
Which investment style suits Tempe, AZ?
In Tempe, AZ the durable play is typically careful cash-flow rentals with hands-on management. The combination of $465K prices and $1,555/mo rents suits that approach.
You know 85282 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 85282 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 85282 ranks in Phoenix-Mesa-Chandler, AZ
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 85282 (Tempe)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 85282 (Tempe, AZ).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.