Real Estate Investing in Peoria, Arizona (85382)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 85382 (Peoria, 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: 11.1% vacancy may signal weakening demand.
What’s happening in Peoria, AZ (85382)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 85382 Peoria
ZIP 85382 in Peoria, AZ carries a sturdy set of headwinds. Home values near $453K and rents of $1,809/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 85382 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Peoria have seen price recovery that 85382 has not matched. Maricopa County data supports the view that the spread is structural rather than temporary.
Demographically, 85382 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.
Strategically, 85382 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 Peoria:
Property Strategy for 85382
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $387,582 | $2,130 | 4.0% | +6.2% | $193,791 |
| 3BR | $431,208 | $2,840 | 4.7% | +6.7% | $143,736 |
| 4BR | $505,135 | $3,150 | 4.5% | +6.9% | $126,284 |
| 5BR | $630,363 | — | — | +7.8% | $126,073 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 85382 Compare?
| Metric | 85382 | Peoria | Phoenix-Mesa-Chandler, AZ | Arizona |
|---|---|---|---|---|
| Home Value | $452,703 | $477,050 | N/A | $419,643 |
| 5-Year CAGR | 2.3% | 2.7% | N/A | 6.5% |
| Avg Rent | $1,809 | $1,847 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 85382 (Peoria, 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 | $452,703 |
| Monthly Rent | $1,809 |
| Price-to-Rent | 20.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 5.4% |
📈 Home Appreciation
| 1-Year | -0.4% ▼ |
| 3-Year CAGR | -0.6% ▼ |
| 5-Year CAGR | +2.3% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 Rent Trends
| 1-Year | -6.7% ▼ |
| 3-Year CAGR | -3.6% ▼ |
| 5-Year CAGR | -0.4% ▼ |
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 85382
Population: 43,109
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 85382
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
Are landlord laws favorable in Peoria, AZ?
Peoria, AZ operates under AZ law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
Is Peoria, AZ a good place for real estate investing?
Peoria, AZ reports an investability rating of 3.0/5, with median home values near $453K and average rents around $1,809/mo. That combination puts it in the notable tier for investor interest.
Is Peoria, AZ suited for a house hack?
For house hackers, Peoria, AZ is a challenging. The $1,809/mo rent on a unit helps defray the mortgage on a $453K property.
Are rents high in Peoria, AZ?
Rents in Peoria, AZ run near $1,809/mo. Compared with median home prices of $453K that produces solid gross yields for typical rentals.
What is the renter demographic in Peoria, AZ?
Tenant quality in Peoria, AZ ranks as solid. Landlords generally report reliable occupancy at market rents of $1,809/mo.
You know 85382 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 85382 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 85382 ranks in Phoenix-Mesa-Chandler, AZ
Every ZIP in this metro, ranked. Free.
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Community Ratings
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