Real Estate Investing in Glendale, Arizona (85308)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 85308 (Glendale, 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.
No major risk flags on the data we track.
What’s happening in Glendale, AZ (85308)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 85308 Glendale
The 85308 ZIP covers a section of Glendale that demands careful diligence. Prices near $473K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $473K asset, 85308 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Glendale have seen price recovery that 85308 has not matched. Maricopa County data supports the view that the spread is structural rather than temporary.
Demographically, 85308 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.
looks 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 Glendale:
Property Strategy for 85308
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $323,722 | $2,140 | 4.8% | +7.8% | $161,861 |
| 3BR | $428,566 | $2,850 | 4.8% | +6.8% | $142,855 |
| 4BR | $553,961 | $3,170 | 4.1% | +7.4% | $138,490 |
| 5BR | $679,420 | — | — | +8.0% | $135,884 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 85308 Compare?
| Metric | 85308 | Glendale | Phoenix-Mesa-Chandler, AZ | Arizona |
|---|---|---|---|---|
| Home Value | $473,314 | $401,920 | N/A | $419,643 |
| 5-Year CAGR | 2.5% | 2.7% | N/A | 6.5% |
| Avg Rent | $1,682 | $1,526 | N/A | - |
| Cap Rate | 2.8% | 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 85308 (Glendale, 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 | $473,314 |
| Monthly Rent | $1,682 |
| Price-to-Rent | 23.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 5.3% |
📈 Home Appreciation
| 1-Year | -0.2% ▼ |
| 3-Year CAGR | -0.1% ▼ |
| 5-Year CAGR | +2.5% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | -7.9% ▼ |
| 3-Year CAGR | -3.8% ▼ |
| 5-Year CAGR | -0.9% ▼ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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 85308
Population: 65,159
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 85308
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 3,936 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Glendale, AZ a good market for buy-and-hold investors?
With a 3.0/5 investability score, Glendale, AZ ranks as a solid market for rental property investors. Median prices of $473K and rents of $1,682/mo drive the underlying numbers.
What is the typical rental rate in Glendale, AZ?
Glendale, AZ rentals go for roughly $1,682/mo a month. That puts gross yield in solid territory relative to $473K acquisition costs.
Do rentals sit vacant long in Glendale, AZ?
Glendale, AZ sees elevated vacancy, which is reasonable relative to the broader AZ rental market.
Does house hacking make sense in Glendale, AZ?
House hacking in Glendale, AZ is a challenging. With home values around $473K and rents at $1,682/mo, owner-occupants can offset a meaningful share of PITI.
Is Glendale, AZ good for landlords?
The landlord environment in Glendale, AZ is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 85308 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 85308 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 85308 ranks in Phoenix-Mesa-Chandler, AZ
Every ZIP in this metro, ranked. Free.
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