RentYield Atlas

ZIP 85004 — Phoenix, AZ: rental yield & market data

Gross rental yield of 4.59% — ranked #114 of 193 Arizona ZIP codes. June 2026 data.

Gross rental yield
4.59%
Home value
$422,824
Market rent / mo
$1,616
Price-to-rent
21.8

Trend

Metric1-year change5-year change
Home value-3.4% +14.8%
Market rent-2.7% +5.1%

Metro: Phoenix-Mesa-Chandler, AZ · County: Maricopa County · Annual rent: $19,392

Comparable ZIP codes in Arizona

Similar home values, sorted by yield — the cheapest way to see if 85004 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
85140San Tan ValleyAZ$430,836$2,1776.06%16.5-2.0%
85379SurpriseAZ$424,378$1,9845.61%17.8-1.9%
85392AvondaleAZ$410,810$1,8255.33%18.8-1.6%
86314Prescott ValleyAZ$436,577$1,7534.82%20.8+0.5%
86322Camp VerdeAZ$435,418$1,7004.69%21.3+1.5%
85006PhoenixAZ$414,405$1,5014.35%23.0-2.9%
85007PhoenixAZ$409,860$1,3754.03%24.8-4.2%
85023PhoenixAZ$420,289$1,3083.74%26.8-1.9%

Top rental yields in all of Arizona →

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