How much is a home worth in ZIP code 85120?

The typical home in 85120 is worth $356,837, based on the Zillow Home Value Index.

Are home values rising in 85120?

Home values in 85120 are down 2.4% over the past year, and up 4.5% a year over five years.

What is the typical rent in 85120?

A typical home in 85120 rents for about $1,671 a month, a gross rental yield of 5.6%.

What is the property tax rate in 85120?

The effective property tax rate in 85120 is 0.4% — roughly $1,559 a year on a typical home.

ZIP code 85120 has a population of 31,191 and a median household income of $57,786.

HousingHandbookReference data

…

U.S. ZIP Code · AZ85120

Pinal County · Phoenix-Mesa-Chandler, AZ

Typical home value

$356,837^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.4%
5-year / yr: +4.5%
10-year / yr: +8.2%

Relative price

vs U.S.: +25.6%
vs metro: -20.0%
vs state: -8.3%

Price history

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

The typical home in 85120 is worth $356,837 — 20.0% below the Phoenix-Mesa-Chandler, AZ median. Over the past year, values have fallen 2.4%. Homes here rent for a typical $1,671 a month — a 5.6% 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: $1,671^[2]
Gross yield: 5.6%^[2]
Cap rate: 3.4%^[2]

#Property tax

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

Effective tax rate: 0.4%^[3]
Typical annual tax: $1,559^[3]

#Climate risk

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

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

#Who lives here

Population: 31,191^[3]
Median household income: $57,786^[3]

#Migration

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

Net migration: +6,742^[5]
Moved in: 20,538
Moved out: 13,796

Schools

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

Public schools: 9
Elementary: 2
Middle: 2
High: 5

Apache Junction High School
High · Grades 9–12 · Apache Junction Unified District (4443)
864 students
Cactus Canyon Junior High
Middle · Grades 6–8 · Apache Junction Unified District (4443)
620 students
Avalon Elementary
Elementary · Grades K–8 · Excalibur Charter Schools Inc. (79214)
298 students
Imagine Prep Superstition
High · Grades 9–12 · Imagine Prep Superstition Inc. (89788)
283 students
Apache Trail High School
High · Grades 9–12 · American Charter Schools Foundation d.b.a. Apache (79883)
215 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 yield5.6%

Net yield (after ~40% expenses)3.4%

Annual rent$20,050

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$1,804

Loan principal$285,469

Down payment$71,367

Total interest paid$364,100

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 ratio1.34

Monthly cost to own$2,233

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: 63rd percentile^[1]
Rental yield: 75th percentile^[2]
Property tax: 42nd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

3rd for fastest-growing in AZView list →

Frequently asked

How much is a home worth in ZIP code 85120?: The typical home in 85120 is worth $356,837, based on the Zillow Home Value Index.
Are home values rising in 85120?: Home values in 85120 are down 2.4% over the past year, and up 4.5% a year over five years.
What is the typical rent in 85120?: A typical home in 85120 rents for about $1,671 a month, a gross rental yield of 5.6%.
What is the property tax rate in 85120?: The effective property tax rate in 85120 is 0.4% — roughly $1,559 a year on a typical home.
Who lives in 85120?: ZIP code 85120 has a population of 31,191 and a median household income of $57,786.

#Comparable ZIPs

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

85029 vs 85120 →
Phoenix, AZ
Typical home
$359,038
Gross yield
4.1%
85037 vs 85120 →
Phoenix, AZ
Typical home
$354,088
Gross yield
5.9%
85201
Mesa, AZ
Typical home
$360,991
Gross yield
4.6%
85194
Casa Grande, AZ
Typical home
$361,183
Gross yield
6.8%
85210
Mesa, AZ
Typical home
$364,323
Gross yield
4.7%
85193
Casa Grande, AZ
Typical home
$348,023
Gross yield
—

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#Jump to section

U.S. ZIP Code · AZ85120

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