How much is a home worth in ZIP code 85018?

The typical home in 85018 is worth $993,309, based on the Zillow Home Value Index.

Are home values rising in 85018?

Home values in 85018 are up 4.2% over the past year, and up 6.7% a year over five years.

What is the typical rent in 85018?

A typical home in 85018 rents for about $1,671 a month, a gross rental yield of 2.0%.

What is the property tax rate in 85018?

The effective property tax rate in 85018 is 0.3% — roughly $3,391 a year on a typical home.

ZIP code 85018 has a population of 37,297 and a median household income of $93,885.

HousingHandbookReference data

…

U.S. ZIP Code · AZ85018

Maricopa County · Phoenix-Mesa-Chandler, AZ

Typical home value

$993,309^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.2%
5-year / yr: +6.7%
10-year / yr: +7.4%

Relative price

vs U.S.: +249.7%
vs metro: +122.7%
vs state: +155.3%

Price history

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

The typical home in 85018 is worth $993,309 — 122.7% above the Phoenix-Mesa-Chandler, AZ median. Over the past year, values have risen 4.2%. Homes here rent for a typical $1,671 a month — a 2.0% gross rental yield. The effective property tax rate is 0.3%.

#Rent & investment

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

Monthly rent: $1,671^[2]
Gross yield: 2.0%^[2]
Cap rate: 1.2%^[2]

#Property tax

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

Effective tax rate: 0.3%^[3]
Typical annual tax: $3,391^[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: 37,297^[3]
Median household income: $93,885^[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: 13
Elementary: 6
Middle: 1
High: 5

Arcadia High School
High · Grades 9–12 · Scottsdale Unified District (4240)
1,633 students
Great Hearts Academies - Veritas Prep
High · Grades 6–12 · Veritas Preparatory Academy (80992)
795 students
Ingleside Middle School
Middle · Grades 6–8 · Scottsdale Unified District (4240)
764 students
Monte Vista Elementary School
Elementary · Grades PK–8 · Creighton Elementary District (4263)
745 students
Great Hearts Academies - Archway Veritas
Other · Grades K–12 · Archway Classical Academy Veritas (90916)
723 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 yield2.0%

Net yield (after ~40% expenses)1.2%

Annual rent$20,051

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$5,023

Loan principal$794,647

Down payment$198,662

Total interest paid$1,013,529

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 ratio3.67

Monthly cost to own$6,132

Monthly rent$1,671

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: 95th percentile^[1]
Rental yield: 1st percentile^[2]
Property tax: 6th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 85018?: The typical home in 85018 is worth $993,309, based on the Zillow Home Value Index.
Are home values rising in 85018?: Home values in 85018 are up 4.2% over the past year, and up 6.7% a year over five years.
What is the typical rent in 85018?: A typical home in 85018 rents for about $1,671 a month, a gross rental yield of 2.0%.
What is the property tax rate in 85018?: The effective property tax rate in 85018 is 0.3% — roughly $3,391 a year on a typical home.
Who lives in 85018?: ZIP code 85018 has a population of 37,297 and a median household income of $93,885.

#Comparable ZIPs

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

85254 vs 85018 →
Phoenix, AZ
Typical home
$911,713
Gross yield
3.4%
85258 vs 85018 →
Scottsdale, AZ
Typical home
$860,655
Gross yield
3.0%
85259
Scottsdale, AZ
Typical home
$1,146,676
Gross yield
2.3%
85263
Rio Verde CDP, AZ
Typical home
$839,433
Gross yield
—
85331
Cave Creek, AZ
Typical home
$832,798
Gross yield
4.7%
85264
AZ
Typical home
$1,210,353
Gross yield
—

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#Jump to section

U.S. ZIP Code · AZ85018

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