Real Estate Investing in Williams, Arizona (86046)

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

Coconino County • Population: 6,669 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 86046 (Williams, AZ)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (45/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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: 25.4% of homes vacant — above national norms.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Williams, AZ (86046)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
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 $443,436
Avg Monthly Rent $1,575
1% Rule ✗ Does Not Meet
Median Income $63,734
% Renters 21.3%

Market Analysis: 86046 Williams

This part of Coconino County is not an easy win. The 86046 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.

Rent of $1,575/mo on a $443K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 86046 sits below the stated 0.0% once reality is priced in.

Statewide comparisons place 86046 among AZ's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Looking more closely, 6,669 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

Distressed ZIPs reward experience. robust returns are possible in 86046, but they flow to investors who already understand how to operate in soft markets.

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 Williams:

C Below Average
Buy Confidence Score: 57/100
Affordability
5/25
Appreciation
18/25
Stability
9/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 7× the median income
Value Trend
Stable (+2.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,575/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
❄️
COOL MARKET
Flagstaff, AZ Metro Area
More inventory, negotiating room for buyers
70 days
Average time to sell
Slow
9.4%
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 Flagstaff, AZ metro data
🏠

Property Strategy for 86046

Which property type performs best in this market?

Best for Cash Flow
2BR
3.1% cap rate
Best for Appreciation
4BR
+11.5% 5yr CAGR
Best Overall Value
4BR
$164,549/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $403,135 $1,750 3.1% +10.7% $201,568
3BR $498,354 $2,150 3.1% +10.2% $166,118
4BR $658,198 $2,400 2.6% +11.5% $164,549

Market Trends

Home Value History (with trend line)

$478K$402K$325K$249K$173K$97KJul 2006Jul 2016Jul 2026

📊 How Does 86046 Compare?

Metric 86046 Williams Flagstaff, AZ Arizona
Home Value $443,436 $443,436 N/A $419,643
5-Year CAGR 4.8% 4.8% N/A 6.5%
Avg Rent $1,575 $1,575 N/A -
Cap Rate 2.8% 2.8% - -

Similar ZIPs Within 25 Miles

Compare other nearby markets to see if a neighbor offers a better fit.

💡 Why Invest in 86046? 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 →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 86046 (Williams, AZ). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 86046 (Williams, AZ)?

~25 seconds · no account needed · your report is anonymous

Investability
Good
Cap Rate
2.8%
Low
5yr Growth
+4.8%
Moderate

📉 Market Crash Risk Index

Based on Flagstaff, AZ metro

4/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
65%
Days Pending
2/2
70 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $443,436
Monthly Rent $1,575
Price-to-Rent 23.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.3%
Cap Rate 2.8%
5-Year IRR 7.6%

📈 Home Appreciation

1-Year +2.4% ▲
3-Year CAGR +2.0% ▲
5-Year CAGR +4.8% ▲
10-Year CAGR +8.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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.

Vacancy
25.4%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.8%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 86046

Population: 6,669

💰 Median Household Income
$63,734
This area
$63,734
State
$66,355
USA
$74,580
🏠 Renter Occupied
21.3%
This area
21.3%
State
28.6%
USA
34.0%
💼 Unemployment Rate
2.0%
This area
2.0%
State
-23.2%
USA
3.7%
🎓 College Educated
20.9%
This area
20.9%
State
-1.0%
USA
33.7%
👤 Median Age
45.3 years
This area
45.3 years
State
11.1 years
USA
38.9 years
🏚️ Vacancy Rate
25.4%
This area
25.4%
State
19.2%
USA
10.5%
👥 Population by Ethnicity
White 68.7%
Other/Mixed 29.5%
Hispanic/Latino 22.2%
Asian 1.2%
Black/African American 0.7%
👶 Under 18
22.6%
This area
22.6%
USA
22.0%
👴 65 and Over
21.6%
This area
21.6%
USA
17.3%
📊 Poverty Rate
7.8%
This area
7.8%
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 86046

C+ Avg School Grade
5 Schools
15.0:1 Avg Class Size
$12,515 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Williams High School

📚 09 – 12 High School
👥
250 Students
👨‍🏫
13.6:1 Class Size
💰
$14,098 Per Student
B+ Above Average

Williams Elementary/Middle School

📚 Pre-K – 08 School
👥
412 Students
👨‍🏫
16.5:1 Class Size
💰
$14,098 Per Student
C Below Average

CAVIAT - Williams High School

📚 09 – 12 High School Limited Data
C Below Average

CAVIAT-Williams Central Program

📚 09 – 12 High School Limited Data
D Needs Improvement

Heritage Elementary - Williams

📚 K – 08 School Charter Limited Data
👥
51 Students
💰
$9,348 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.

Frequently Asked Questions

Which investment style suits Williams, AZ?

In Williams, AZ the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $443K prices and $1,575/mo rents suits that approach.

What are home prices like in Williams, AZ?

Homes in Williams, AZ typically sell near $443K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.

What is the average monthly rent in Williams, AZ?

Investors in Williams, AZ typically see rents near $1,575/mo per month against $443K home values - a solid setup for rental cash flow.

How do landlord-tenant laws work in Williams, AZ?

The landlord environment in Williams, AZ is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

How tight is the rental market in Williams, AZ?

Williams, AZ sees elevated vacancy, which is reasonable relative to the broader AZ rental market.

You know 86046 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 86046 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.

Compare Plans

How 86046 ranks in Flagstaff, AZ

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
🤖

AI Market Advisor

Ask questions about investing in 86046 (Williams)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 86046 (Williams, AZ).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.