How much is a home worth in ZIP code 85353?

The typical home in 85353 is worth $396,015, based on the Zillow Home Value Index.

Are home values rising in 85353?

Home values in 85353 are down 2.0% over the past year, and up 4.5% a year over five years.

What is the typical rent in 85353?

A typical home in 85353 rents for about $1,959 a month, a gross rental yield of 5.9%.

What is the property tax rate in 85353?

The effective property tax rate in 85353 is 0.5% — roughly $1,939 a year on a typical home.

ZIP code 85353 has a population of 49,120 and a median household income of $94,154.

HousingHandbookReference data

…

U.S. ZIP Code · AZ85353

Maricopa County · Phoenix-Mesa-Chandler, AZ

Typical home value

$396,015^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.0%
5-year / yr: +4.5%
10-year / yr: +8.0%

Relative price

vs U.S.: +39.4%
vs metro: -11.2%
vs state: +1.8%

Price history

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

The typical home in 85353 is worth $396,015 — 11.2% below the Phoenix-Mesa-Chandler, AZ median. Over the past year, values have fallen 2.0%. Homes here rent for a typical $1,959 a month — a 5.9% 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: $1,959^[2]
Gross yield: 5.9%^[2]
Cap rate: 3.6%^[2]

#Property tax

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

Effective tax rate: 0.5%^[3]
Typical annual tax: $1,939^[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: 49,120^[3]
Median household income: $94,154^[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: 17
Elementary: 10
Middle: 1
High: 6

Tolleson Union High School
High · Grades 9–12 · Tolleson Union High School District (4288)
2,467 students
Sierra Linda High School
High · Grades 9–12 · Tolleson Union High School District (4288)
1,860 students
Academy of Math and Science Avondale
Elementary · Grades K–8 · Academy of Mathematics and Science South Inc. (90878)
1,160 students
Country Place Elementary
Elementary · Grades K–8 · Littleton Elementary District (4278)
896 students
Arts Academy at Estrella Mountain
Elementary · Grades K–8 · P.L.C. Charter Schools (6235)
879 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 yield5.9%

Net yield (after ~40% expenses)3.6%

Annual rent$23,513

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$2,002

Loan principal$316,812

Down payment$79,203

Total interest paid$404,076

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 ratio1.27

Monthly cost to own$2,494

Monthly rent$1,959

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: 62nd percentile^[1]
Rental yield: 86th percentile^[2]
Property tax: 67th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 85353?: The typical home in 85353 is worth $396,015, based on the Zillow Home Value Index.
Are home values rising in 85353?: Home values in 85353 are down 2.0% over the past year, and up 4.5% a year over five years.
What is the typical rent in 85353?: A typical home in 85353 rents for about $1,959 a month, a gross rental yield of 5.9%.
What is the property tax rate in 85353?: The effective property tax rate in 85353 is 0.5% — roughly $1,939 a year on a typical home.
Who lives in 85353?: ZIP code 85353 has a population of 49,120 and a median household income of $94,154.

#Comparable ZIPs

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

85119 vs 85353 →
Apache Junction, AZ
Typical home
$396,600
Gross yield
5.2%
85204 vs 85353 →
Mesa, AZ
Typical home
$394,101
Gross yield
4.4%
85202
Mesa, AZ
Typical home
$398,390
Gross yield
4.1%
85281
Tempe, AZ
Typical home
$401,277
Gross yield
5.0%
85323
Avondale, AZ
Typical home
$389,582
Gross yield
5.8%
85374
Surprise, AZ
Typical home
$388,610
Gross yield
5.2%

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Pit ZIP 85353 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · AZ85353

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