HousingHandbookReference data

U.S. ZIP Code · AZ85009

Maricopa County · Phoenix-Mesa-Chandler, AZ

Typical home value

$280,638[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-8.2%
5-year / yr
+2.5%
10-year / yr
+9.9%

Relative price

vs U.S.
-1.2%
vs metro
-37.1%
vs state
-27.9%
ZIP 85009 location in AZ
Location of ZIP 85009 in AZ

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 85009 is worth $280,638 — 37.1% below the Phoenix-Mesa-Chandler, AZ median. Over the past year, values have fallen 8.2%. Homes here rent for a typical $1,197 a month — a 5.1% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,197[2]
Gross yield
5.1%[2]
Cap rate
3.1%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.4%[3]
Typical annual tax
$1,081[3]

#Climate risk

FEMA National Risk Index ratings for Maricopa County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very High[4]
Riverine flood
Very High
Coastal flood
Not Applicable
Wildfire
Relatively High
Drought
Relatively High
Heat wave
Very High
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Relatively Moderate
Winter weather
Relatively Low

#Who lives here

Population
52,064[3]
Median household income
$52,054[3]

#Migration

Household moves in and out of Maricopa County over a year, from IRS tax-return data.

Net migration
+5,261[5]
Moved in
91,952
Moved out
86,691

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
15
Elementary
11
Middle
2
High
1
  • Carl Hayden High School

    High · Grades 9–12 · Phoenix Union High School District (4286)

    2,066 students

  • Morris K. Udall Escuela de Bellas Artes

    Middle · Grades 6–8 · Isaac Elementary District (4259)

    555 students

  • William R Sullivan Elementary School

    Elementary · Grades PK–8 · Murphy Elementary District (4265)

    536 students

  • J B Sutton Elementary School

    Elementary · Grades K–5 · Isaac Elementary District (4259)

    535 students

  • Alta E Butler School

    Elementary · Grades K–5 · Isaac Elementary District (4259)

    524 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield5.1%
Net yield (after ~40% expenses)3.1%
Annual rent$14,361

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,419
Loan principal$224,511
Down payment$56,128
Total interest paid$286,351

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.46
Monthly cost to own$1,744
Monthly rent$1,197

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
4th percentile[1]
Rental yield
68th percentile[2]
Property tax
19th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 85009?
The typical home in 85009 is worth $280,638, based on the Zillow Home Value Index.
Are home values rising in 85009?
Home values in 85009 are down 8.2% over the past year, and up 2.5% a year over five years.
What is the typical rent in 85009?
A typical home in 85009 rents for about $1,197 a month, a gross rental yield of 5.1%.
What is the property tax rate in 85009?
The effective property tax rate in 85009 is 0.4% — roughly $1,081 a year on a typical home.
Who lives in 85009?
ZIP code 85009 has a population of 52,064 and a median household income of $52,054.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Sun City CDP, AZ

    Typical home
    $277,098
    Gross yield
    7.3%
  • Phoenix, AZ

    Typical home
    $285,186
    Gross yield
    5.6%
  • Red Rock CDP, AZ

    Typical home
    $291,261
    Gross yield
  • Coolidge, AZ

    Typical home
    $269,545
    Gross yield
    7.1%
  • Eloy, AZ

    Typical home
    $293,299
    Gross yield
    8.0%
  • Phoenix, AZ

    Typical home
    $302,477
    Gross yield
    5.1%

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