How much is a home worth in ZIP code 85017?

The typical home in 85017 is worth $302,477, based on the Zillow Home Value Index.

Are home values rising in 85017?

Home values in 85017 are down 4.9% over the past year, and up 3.7% a year over five years.

What is the typical rent in 85017?

A typical home in 85017 rents for about $1,280 a month, a gross rental yield of 5.1%.

What is the property tax rate in 85017?

The effective property tax rate in 85017 is 0.4% — roughly $1,231 a year on a typical home.

ZIP code 85017 has a population of 46,129 and a median household income of $58,346.

HousingHandbookReference data

…

U.S. ZIP Code · AZ85017

Maricopa County · Phoenix-Mesa-Chandler, AZ

Typical home value

$302,477^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -4.9%
5-year / yr: +3.7%
10-year / yr: +9.2%

Relative price

vs U.S.: +6.5%
vs metro: -32.2%
vs state: -22.3%

Price history

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

The typical home in 85017 is worth $302,477 — 32.2% below the Phoenix-Mesa-Chandler, AZ median. Over the past year, values have fallen 4.9%. Homes here rent for a typical $1,280 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: $1,280^[2]
Gross yield: 5.1%^[2]
Cap rate: 3.0%^[2]

#Property tax

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

Effective tax rate: 0.4%^[3]
Typical annual tax: $1,231^[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: 46,129^[3]
Median household income: $58,346^[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: 16
Elementary: 7
Middle: 1
High: 6

Pan-American Charter School
Other · Grades K–12 · Pan-American Elementary Charter (79578)
1,170 students
Granada Elementary School-West Campus
Elementary · Grades PK–4 · Alhambra Elementary District (4280)
842 students
Alhambra Traditional School
Elementary · Grades K–8 · Alhambra Elementary District (4280)
742 students
Granada Elementary School-East Campus
Middle · Grades 4–8 · Alhambra Elementary District (4280)
696 students
Ocotillo School
Elementary · Grades K–6 · Washington Elementary School District (4260)
624 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.

Home value$Monthly rent$

Gross yield5.1%

Net yield (after ~40% expenses)3.0%

Annual rent$15,354

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,529

Loan principal$241,981

Down payment$60,495

Total interest paid$308,634

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.47

Monthly cost to own$1,885

Monthly rent$1,280

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: 24th percentile^[1]
Rental yield: 67th percentile^[2]
Property tax: 29th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 85017?: The typical home in 85017 is worth $302,477, based on the Zillow Home Value Index.
Are home values rising in 85017?: Home values in 85017 are down 4.9% over the past year, and up 3.7% a year over five years.
What is the typical rent in 85017?: A typical home in 85017 rents for about $1,280 a month, a gross rental yield of 5.1%.
What is the property tax rate in 85017?: The effective property tax rate in 85017 is 0.4% — roughly $1,231 a year on a typical home.
Who lives in 85017?: ZIP code 85017 has a population of 46,129 and a median household income of $58,346.

#Comparable ZIPs

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

85122 vs 85017 →
Casa Grande, AZ
Typical home
$308,702
Gross yield
6.4%
85363 vs 85017 →
Youngtown, AZ
Typical home
$310,616
Gross yield
5.8%
85131
Eloy, AZ
Typical home
$293,299
Gross yield
8.0%
85145
Red Rock CDP, AZ
Typical home
$291,261
Gross yield
—
85301
Glendale, AZ
Typical home
$314,321
Gross yield
4.4%
85034
Phoenix, AZ
Typical home
$285,186
Gross yield
5.6%

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#Jump to section

U.S. ZIP Code · AZ85017

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