How much is a home worth in ZIP code 85142?

The typical home in 85142 is worth $587,366, based on the Zillow Home Value Index.

Are home values rising in 85142?

Home values in 85142 are down 0.8% over the past year, and up 4.6% a year over five years.

What is the typical rent in 85142?

A typical home in 85142 rents for about $2,199 a month, a gross rental yield of 4.5%.

What is the property tax rate in 85142?

The effective property tax rate in 85142 is 0.4% — roughly $2,536 a year on a typical home.

ZIP code 85142 has a population of 93,700 and a median household income of $129,367.

HousingHandbookReference data

…

U.S. ZIP Code · AZ85142

Pinal County · Phoenix-Mesa-Chandler, AZ

Typical home value

$587,366^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.8%
5-year / yr: +4.6%
10-year / yr: +7.3%

Relative price

vs U.S.: +106.8%
vs metro: +31.7%
vs state: +51.0%

Price history

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

The typical home in 85142 is worth $587,366 — 31.7% above the Phoenix-Mesa-Chandler, AZ median. Over the past year, values have fallen 0.8%. Homes here rent for a typical $2,199 a month — a 4.5% 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: $2,199^[2]
Gross yield: 4.5%^[2]
Cap rate: 2.7%^[2]

#Property tax

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

Effective tax rate: 0.4%^[3]
Typical annual tax: $2,536^[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: 93,700^[3]
Median household income: $129,367^[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: 35
Elementary: 16
Middle: 4
High: 10

Dr. Camille Casteel High School
High · Grades 7–12 · Chandler Unified District #80 (4242)
2,971 students
American Leadership Academy Queen Creek K-12
Other · Grades K–12 · American Leadership Academy Inc. (4348)
2,405 students
Queen Creek High School
High · Grades 9–12 · Queen Creek Unified District (4245)
2,132 students
Eduprize School
Elementary · Grades K–8 · Eduprize Schools LLC (89412)
1,739 students
Crismon High School
Secondary · Grades 7–11 · Queen Creek Unified District (4245)
1,646 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 yield4.5%

Net yield (after ~40% expenses)2.7%

Annual rent$26,393

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$2,970

Loan principal$469,893

Down payment$117,473

Total interest paid$599,322

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 ratio1.67

Monthly cost to own$3,670

Monthly rent$2,199

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: 69th percentile^[1]
Rental yield: 40th percentile^[2]
Property tax: 41st percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

1st for most populous in AZView list →

Frequently asked

How much is a home worth in ZIP code 85142?: The typical home in 85142 is worth $587,366, based on the Zillow Home Value Index.
Are home values rising in 85142?: Home values in 85142 are down 0.8% over the past year, and up 4.6% a year over five years.
What is the typical rent in 85142?: A typical home in 85142 rents for about $2,199 a month, a gross rental yield of 4.5%.
What is the property tax rate in 85142?: The effective property tax rate in 85142 is 0.4% — roughly $2,536 a year on a typical home.
Who lives in 85142?: ZIP code 85142 has a population of 93,700 and a median household income of $129,367.

#Comparable ZIPs

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

85003 vs 85142 →
Phoenix, AZ
Typical home
$588,834
Gross yield
3.4%
85048 vs 85142 →
Phoenix, AZ
Typical home
$585,221
Gross yield
4.1%
85297
Gilbert, AZ
Typical home
$594,334
Gross yield
4.3%
85212
Mesa, AZ
Typical home
$562,003
Gross yield
4.7%
85248
Chandler, AZ
Typical home
$560,620
Gross yield
4.8%
85286
Chandler, AZ
Typical home
$615,797
Gross yield
4.0%

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Pit ZIP 85142 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · AZ85142

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