Home values, rents and more in Phoenix, AZ
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Phoenix in ProMap- Under $370k
- $370k–$400k
- $400k–$480k
- $480k–$620k
- $620k+
- No data
How Phoenix compares
The typical home in Phoenix, AZ is worth about $404,000, according to the Zillow Home Value Index for September 2026. Home values in Phoenix are 8% below the typical value in the Phoenix metro area ($441,000) and 10% above the U.S. typical value ($366,000).
Over the past year, home values in Phoenix fell 1.2%, compared with −1.1% in the Phoenix metro area and +1.2% nationally.
Typical rent is $1,571 a month (Zillow Observed Rent Index), 9% below the Phoenix metro area ($1,720) and 19% below the U.S. ($1,932). Rents rose 1.1% over the past year.
The median household income is $81,332, against $88,301 in the Phoenix metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 1,642,323 people live in Phoenix (American Community Survey 2020–24).
Phoenix has the 22nd-lowest typical home value of the 45 cities in the Phoenix metro area and the 53rd-highest of 144 in Arizona with Zillow figures.
Part of: Maricopa County, AZ · Phoenix metro area · Arizona
More for Phoenix in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in Phoenix, AZ
- 85003 · Phoenix $575,000
- 85004 · Phoenix $415,000
- 85006 · Phoenix $403,000
- 85007 · Phoenix $400,000
- 85008 · Phoenix $368,000
- 85009 · Phoenix $274,000
- 85012 · Phoenix $642,000
- 85013 · Phoenix $480,000
- 85014 · Phoenix $440,000
- 85015 · Phoenix $332,000
- 85016 · Phoenix $517,000
- 85017 · Phoenix $297,000
- 85018 · Phoenix $981,000
- 85019 · Phoenix $322,000
- 85020 · Phoenix $401,000
- 85021 · Phoenix $429,000
- 85022 · Phoenix $461,000
- 85023 · Phoenix $415,000
- 85024 · Phoenix $482,000
- 85027 · Phoenix $376,000
- 85028 · Phoenix $706,000
- 85029 · Phoenix $352,000
- 85031 · Phoenix $321,000
- 85032 · Phoenix $449,000
- 85033 · Phoenix $322,000
- 85034 · Phoenix $280,000
- 85035 · Phoenix $317,000
- 85037 · Phoenix $351,000
- 85040 · Phoenix $318,000
- 85041 · Phoenix $366,000
- 85042 · Phoenix $382,000
- 85043 · Phoenix $364,000
- 85044 · Phoenix $473,000
- 85045 · Phoenix $658,000
- 85048 · Phoenix $576,000
- 85050 · Phoenix $618,000
- 85051 · Phoenix $340,000
- 85053 · Phoenix $376,000
- 85054 · Phoenix $716,000
- 85083 · Phoenix $624,000
- 85085 · Phoenix $633,000
- 85310 · Phoenix $539,000
- 85339 · Phoenix $438,000
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.