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Home values, rents and more in Tempe, AZ

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$459,000
Metro: $441,000 · U.S.: $366,000
Home values, past year
−0.5%
Metro: −1.1% · U.S.: +1.2%
Typical rent
$1,623/mo
Metro: $1,720 · U.S.: $1,932
Rents, past year
+1.3%
Metro: +1.2% · U.S.: +2.9%
Population
188,065
ACS 2020–24
Median household income
$79,663
Metro: $88,301 · U.S.: $80,734
ZIP codes around Tempe, AZ, shaded by typical home valueTempe85044852818522585034852828500885201852338522485283850408504885284
  • Under $390k
  • $390k–$440k
  • $440k–$470k
  • $470k–$540k
  • $540k+
  • No data
ZIP codes around Tempe, AZ, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Tempe is outlined.

How Tempe compares

The typical home in Tempe, AZ is worth about $459,000, according to the Zillow Home Value Index for September 2026. Home values in Tempe are 4% above the typical value in the Phoenix metro area ($441,000) and 25% above the U.S. typical value ($366,000).

Over the past year, home values in Tempe fell 0.5%, compared with −1.1% in the Phoenix metro area and +1.2% nationally.

Typical rent is $1,623 a month (Zillow Observed Rent Index), 6% below the Phoenix metro area ($1,720) and 16% below the U.S. ($1,932). Rents rose 1.3% over the past year.

The median household income is $79,663, against $88,301 in the Phoenix metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 188,065 people live in Tempe (American Community Survey 2020–24).

Tempe has the 19th-highest typical home value of the 45 cities in the Phoenix metro area and the 39th-highest of 144 in Arizona with Zillow figures.

Part of: Maricopa County, AZ · Phoenix metro area · Arizona

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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
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Nearby cities

ZIP codes in Tempe, AZ

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.

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