How much is a home worth in ZIP code 85021?

The typical home in 85021 is worth $439,641, based on the Zillow Home Value Index.

Are home values rising in 85021?

Home values in 85021 are down 1.0% over the past year, and up 3.6% a year over five years.

What is the typical rent in 85021?

A typical home in 85021 rents for about $1,210 a month, a gross rental yield of 3.3%.

What is the property tax rate in 85021?

The effective property tax rate in 85021 is 0.5% — roughly $2,163 a year on a typical home.

ZIP code 85021 has a population of 39,828 and a median household income of $59,768.

HousingHandbookReference data

…

U.S. ZIP Code · AZ85021

Maricopa County · Phoenix-Mesa-Chandler, AZ

Typical home value

$439,641^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.0%
5-year / yr: +3.6%
10-year / yr: +6.4%

Relative price

vs U.S.: +54.8%
vs metro: -1.4%
vs state: +13.0%

Price history

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

The typical home in 85021 is worth $439,641 — 1.4% below the Phoenix-Mesa-Chandler, AZ median. Over the past year, values have fallen 1.0%. Homes here rent for a typical $1,210 a month — a 3.3% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

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

Monthly rent: $1,210^[2]
Gross yield: 3.3%^[2]
Cap rate: 2.0%^[2]

#Property tax

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

Effective tax rate: 0.5%^[3]
Typical annual tax: $2,163^[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: 39,828^[3]
Median household income: $59,768^[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: 22
Elementary: 5
Middle: 1
High: 8

Sunnyslope High School
High · Grades 9–12 · Glendale Union High School District (4285)
2,270 students
Washington High School
High · Grades 9–12 · Glendale Union High School District (4285)
1,702 students
Orangewood School
Elementary · Grades PK–8 · Washington Elementary School District (4260)
772 students
Royal Palm Middle School
Middle · Grades 5–8 · Washington Elementary School District (4260)
468 students
Richard E Miller School
Elementary · Grades K–5 · Washington Elementary School District (4260)
391 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 yield3.3%

Net yield (after ~40% expenses)2.0%

Annual rent$14,518

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$2,223

Loan principal$351,713

Down payment$87,928

Total interest paid$448,591

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 ratio2.29

Monthly cost to own$2,769

Monthly rent$1,210

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: 16th percentile^[1]
Rental yield: 5th percentile^[2]
Property tax: 69th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 85021?: The typical home in 85021 is worth $439,641, based on the Zillow Home Value Index.
Are home values rising in 85021?: Home values in 85021 are down 1.0% over the past year, and up 3.6% a year over five years.
What is the typical rent in 85021?: A typical home in 85021 rents for about $1,210 a month, a gross rental yield of 3.3%.
What is the property tax rate in 85021?: The effective property tax rate in 85021 is 0.5% — roughly $2,163 a year on a typical home.
Who lives in 85021?: ZIP code 85021 has a population of 39,828 and a median household income of $59,768.

#Comparable ZIPs

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

85338 vs 85021 →
Goodyear, AZ
Typical home
$439,653
Gross yield
4.9%
85339 vs 85021 →
Phoenix, AZ
Typical home
$445,318
Gross yield
5.9%
85209
Mesa, AZ
Typical home
$445,979
Gross yield
5.2%
85140
San Tan Valley CDP, AZ
Typical home
$433,135
Gross yield
5.7%
85225
Chandler, AZ
Typical home
$448,865
Gross yield
4.7%
85388
Surprise, AZ
Typical home
$449,590
Gross yield
6.0%

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Pit ZIP 85021 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · AZ85021

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