How much is a home worth in ZIP code 86004?

The typical home in 86004 is worth $624,069, based on the Zillow Home Value Index.

Are home values rising in 86004?

Home values in 86004 are down 0.3% over the past year, and up 6.7% a year over five years.

What is the typical rent in 86004?

A typical home in 86004 rents for about $2,143 a month, a gross rental yield of 4.1%.

What is the property tax rate in 86004?

The effective property tax rate in 86004 is 0.4% — roughly $2,583 a year on a typical home.

ZIP code 86004 has a population of 36,394 and a median household income of $81,172.

HousingHandbookReference data

…

U.S. ZIP Code · AZ86004

Coconino County · Flagstaff, AZ

Typical home value

$624,069^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.3%
5-year / yr: +6.7%
10-year / yr: +7.5%

Relative price

vs U.S.: +119.7%
vs metro: +13.1%
vs state: +60.4%

Price history

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

The typical home in 86004 is worth $624,069 — 13.1% above the Flagstaff, AZ median. Over the past year, values have fallen 0.3%. Homes here rent for a typical $2,143 a month — a 4.1% 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: $2,143^[2]
Gross yield: 4.1%^[2]
Cap rate: 2.5%^[2]

#Property tax

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

Effective tax rate: 0.4%^[3]
Typical annual tax: $2,583^[3]

#Climate risk

FEMA National Risk Index ratings for Coconino 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: Very Low
Heat wave: Relatively Low
Hurricane: No Rating
Tornado: Very Low
Earthquake: Relatively Moderate
Winter weather: Very High

#Who lives here

Population: 36,394^[3]
Median household income: $81,172^[3]

#Migration

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

Net migration: -710^[5]
Moved in: 4,803
Moved out: 5,513

Schools

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

Public schools: 17
Elementary: 7
Middle: 2
High: 8

Coconino High School
High · Grades 9–12 · Flagstaff Unified District (4192)
1,506 students
Sinagua Middle School
Middle · Grades 6–8 · Flagstaff Unified District (4192)
1,035 students
Mount Elden Middle School
Middle · Grades 6–8 · Flagstaff Unified District (4192)
677 students
Northland Preparatory Academy
High · Grades 6–12 · Northland Preparatory Academy (4204)
645 students
Weitzel's Puente de Hozho Bilingual Magnet School
Elementary · Grades PK–5 · Flagstaff Unified District (4192)
430 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 yield4.1%

Net yield (after ~40% expenses)2.5%

Annual rent$25,722

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$3,156

Loan principal$499,255

Down payment$124,814

Total interest paid$636,773

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 ratio1.81

Monthly cost to own$3,889

Monthly rent$2,143

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: 67th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 64th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 86004?: The typical home in 86004 is worth $624,069, based on the Zillow Home Value Index.
Are home values rising in 86004?: Home values in 86004 are down 0.3% over the past year, and up 6.7% a year over five years.
What is the typical rent in 86004?: A typical home in 86004 rents for about $2,143 a month, a gross rental yield of 4.1%.
What is the property tax rate in 86004?: The effective property tax rate in 86004 is 0.4% — roughly $2,583 a year on a typical home.
Who lives in 86004?: ZIP code 86004 has a population of 36,394 and a median household income of $81,172.

#Comparable ZIPs

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

86018 vs 86004 →
Parks CDP, AZ
Typical home
$607,327
Gross yield
—
86017 vs 86004 →
Munds Park CDP, AZ
Typical home
$589,290
Gross yield
—
86001
Fort Valley CDP, AZ
Typical home
$671,771
Gross yield
3.6%
85931
Forest Lakes CDP, AZ
Typical home
$555,213
Gross yield
—
86015
Bellemont CDP, AZ
Typical home
$551,830
Gross yield
—
86005
Flagstaff, AZ
Typical home
$734,179
Gross yield
3.6%

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#Jump to section

U.S. ZIP Code · AZ86004

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