HousingHandbookReference data

U.S. ZIP Code · AZ86005

Coconino County · Flagstaff, AZ

Typical home value

$734,179[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.4%
5-year / yr
+7.4%
10-year / yr
+7.7%

Relative price

vs U.S.
+158.5%
vs metro
+33.0%
vs state
+88.7%
ZIP 86005 location in AZ
Location of ZIP 86005 in AZ

Price history

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

The typical home in 86005 is worth $734,179 — 33.0% above the Flagstaff, AZ median. Over the past year, values have risen 0.4%. Homes here rent for a typical $2,176 a month — a 3.6% 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
$2,176[2]
Gross yield
3.6%[2]
Cap rate
2.1%[2]

#Property tax

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

Effective tax rate
0.4%[3]
Typical annual tax
$3,063[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
17,961[3]
Median household income
$87,942[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
3
Elementary
2
Middle
0
High
1
  • Manuel DeMiguel Elementary School

    Elementary · Grades PK–5 · Flagstaff Unified District (4192)

    559 students

  • Mountain School

    Elementary · Grades K–6 · Mountain School Inc. (4203)

    168 students

  • CAVIAT - CCC Central Campus

    High · Grades 9–12 · Coconino Association for Vocation Industry and Tec (79381)

    5 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 yield3.6%
Net yield (after ~40% expenses)2.1%
Annual rent$26,110

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$3,712
Loan principal$587,343
Down payment$146,836
Total interest paid$749,124

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 ratio2.11
Monthly cost to own$4,581
Monthly rent$2,176

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
83rd percentile[1]
Rental yield
0th percentile[2]
Property tax
73rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 86005?
The typical home in 86005 is worth $734,179, based on the Zillow Home Value Index.
Are home values rising in 86005?
Home values in 86005 are up 0.4% over the past year, and up 7.4% a year over five years.
What is the typical rent in 86005?
A typical home in 86005 rents for about $2,176 a month, a gross rental yield of 3.6%.
What is the property tax rate in 86005?
The effective property tax rate in 86005 is 0.4% — roughly $3,063 a year on a typical home.
Who lives in 86005?
ZIP code 86005 has a population of 17,961 and a median household income of $87,942.

#Comparable ZIPs

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

  • Fort Valley CDP, AZ

    Typical home
    $671,771
    Gross yield
    3.6%
  • Flagstaff, AZ

    Typical home
    $624,069
    Gross yield
    4.1%
  • Parks CDP, AZ

    Typical home
    $607,327
    Gross yield
  • Munds Park CDP, AZ

    Typical home
    $589,290
    Gross yield
  • Forest Lakes CDP, AZ

    Typical home
    $555,213
    Gross yield
  • Bellemont CDP, AZ

    Typical home
    $551,830
    Gross yield

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