HousingHandbookReference data

U.S. ZIP Code · AZ85122

Pinal County · Phoenix-Mesa-Chandler, AZ

Typical home value

$308,702[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.5%
5-year / yr
+4.2%
10-year / yr
+7.2%

Relative price

vs U.S.
+8.7%
vs metro
-30.8%
vs state
-20.7%
ZIP 85122 location in AZ
Location of ZIP 85122 in AZ

Price history

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

The typical home in 85122 is worth $308,702 — 30.8% below the Phoenix-Mesa-Chandler, AZ median. Over the past year, values have fallen 2.5%. Homes here rent for a typical $1,644 a month — a 6.4% 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
$1,644[2]
Gross yield
6.4%[2]
Cap rate
3.8%[2]

#Property tax

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

Effective tax rate
0.5%[3]
Typical annual tax
$1,628[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
61,624[3]
Median household income
$68,443[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
25
Elementary
12
Middle
4
High
8
  • Casa Grande Union High School

    High · Grades 9–12 · Casa Grande Union High School District (4453)

    1,970 students

  • Vista Grande High School

    High · Grades 9–12 · Casa Grande Union High School District (4453)

    1,932 students

  • Legacy Traditional School - Casa Grande

    Elementary · Grades K–8 · Legacy Traditional School - Casa Grande (92199)

    1,529 students

  • The Grande Innovation

    Elementary · Grades K–8 · The Grande Innovation Academy (92978)

    828 students

  • Villago Middle School

    Middle · Grades 6–8 · Casa Grande Elementary District (4446)

    754 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 yield6.4%
Net yield (after ~40% expenses)3.8%
Annual rent$19,731

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$1,561
Loan principal$246,962
Down payment$61,740
Total interest paid$314,986

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 ratio1.19
Monthly cost to own$1,955
Monthly rent$1,644

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
49th percentile[1]
Rental yield
92nd percentile[2]
Property tax
80th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 85122?
The typical home in 85122 is worth $308,702, based on the Zillow Home Value Index.
Are home values rising in 85122?
Home values in 85122 are down 2.5% over the past year, and up 4.2% a year over five years.
What is the typical rent in 85122?
A typical home in 85122 rents for about $1,644 a month, a gross rental yield of 6.4%.
What is the property tax rate in 85122?
The effective property tax rate in 85122 is 0.5% — roughly $1,628 a year on a typical home.
Who lives in 85122?
ZIP code 85122 has a population of 61,624 and a median household income of $68,443.

#Comparable ZIPs

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

  • Youngtown, AZ

    Typical home
    $310,616
    Gross yield
    5.8%
  • Glendale, AZ

    Typical home
    $314,321
    Gross yield
    4.4%
  • Phoenix, AZ

    Typical home
    $302,477
    Gross yield
    5.1%
  • Phoenix, AZ

    Typical home
    $321,736
    Gross yield
    7.1%
  • Phoenix, AZ

    Typical home
    $321,778
    Gross yield
    5.0%
  • Phoenix, AZ

    Typical home
    $323,034
    Gross yield
    5.1%

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