How much is a home worth in ZIP code 85140?

The typical home in 85140 is worth $433,135, based on the Zillow Home Value Index.

Are home values rising in 85140?

Home values in 85140 are down 2.2% over the past year, and up 3.5% a year over five years.

What is the typical rent in 85140?

A typical home in 85140 rents for about $2,057 a month, a gross rental yield of 5.7%.

What is the property tax rate in 85140?

The effective property tax rate in 85140 is 0.4% — roughly $1,851 a year on a typical home.

ZIP code 85140 has a population of 51,260 and a median household income of $101,477.

HousingHandbookReference data

…

U.S. ZIP Code · AZ85140

Pinal County · Phoenix-Mesa-Chandler, AZ

Typical home value

$433,135^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.2%
5-year / yr: +3.5%
10-year / yr: +7.3%

Relative price

vs U.S.: +52.5%
vs metro: -2.9%
vs state: +11.3%

Price history

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

The typical home in 85140 is worth $433,135 — 2.9% below the Phoenix-Mesa-Chandler, AZ median. Over the past year, values have fallen 2.2%. Homes here rent for a typical $2,057 a month — a 5.7% 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: $2,057^[2]
Gross yield: 5.7%^[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: $1,851^[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: 51,260^[3]
Median household income: $101,477^[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: 13
Elementary: 7
Middle: 1
High: 3

Combs High School
High · Grades 8–12 · J O Combs Unified School District (4445)
1,243 students
Legacy Traditional School - Queen Creek
Other · Grades K–9 · Legacy Traditional School - Queen Creek (92610)
940 students
J. O. Combs Middle School
Elementary · Grades K–8 · J O Combs Unified School District (4445)
596 students
Ellsworth Elementary School
Elementary · Grades PK–6 · J O Combs Unified School District (4445)
559 students
Ranch Elementary School
Elementary · Grades PK–6 · J O Combs Unified School District (4445)
511 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 yield5.7%

Net yield (after ~40% expenses)3.4%

Annual rent$24,683

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$2,190

Loan principal$346,508

Down payment$86,627

Total interest paid$441,952

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 ratio1.32

Monthly cost to own$2,706

Monthly rent$2,057

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: 78th percentile^[2]
Property tax: 38th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 85140?: The typical home in 85140 is worth $433,135, based on the Zillow Home Value Index.
Are home values rising in 85140?: Home values in 85140 are down 2.2% over the past year, and up 3.5% a year over five years.
What is the typical rent in 85140?: A typical home in 85140 rents for about $2,057 a month, a gross rental yield of 5.7%.
What is the property tax rate in 85140?: The effective property tax rate in 85140 is 0.4% — roughly $1,851 a year on a typical home.
Who lives in 85140?: ZIP code 85140 has a population of 51,260 and a median household income of $101,477.

#Comparable ZIPs

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

85021 vs 85140 →
Phoenix, AZ
Typical home
$439,641
Gross yield
3.3%
85338 vs 85140 →
Goodyear, AZ
Typical home
$439,653
Gross yield
4.9%
85379
Surprise, AZ
Typical home
$425,020
Gross yield
5.6%
85004
Phoenix, AZ
Typical home
$424,581
Gross yield
4.9%
85339
Phoenix, AZ
Typical home
$445,318
Gross yield
5.9%
85023
Phoenix, AZ
Typical home
$420,806
Gross yield
3.7%

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Pit ZIP 85140 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · AZ85140

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