RentYield Atlas

ZIP 85016 — Phoenix, AZ: rental yield & market data

Gross rental yield of 3.88% — ranked #162 of 193 Arizona ZIP codes. June 2026 data.

Gross rental yield
3.88%
Home value
$525,014
Market rent / mo
$1,698
Price-to-rent
25.8

Trend

Metric1-year change5-year change
Home value+0.5% +15.2%
Market rent+1.2% +15.4%

Metro: Phoenix-Mesa-Chandler, AZ · County: Maricopa County · Annual rent: $20,376

Comparable ZIP codes in Arizona

Similar home values, sorted by yield — the cheapest way to see if 85016 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
85755Oro ValleyAZ$512,259$2,4315.69%17.6-2.0%
85340Litchfield ParkAZ$520,703$2,1805.02%19.9-0.2%
85658MaranaAZ$537,710$2,2495.02%19.9-1.5%
85233GilbertAZ$524,025$2,1314.88%20.5-0.8%
86404Lake Havasu CityAZ$513,658$2,0394.76%21.0-0.3%
85251ScottsdaleAZ$526,724$2,0204.60%21.7-1.6%
86301PrescottAZ$541,036$1,9484.32%23.1-0.9%
85390WickenburgAZ$514,632$1,8004.20%23.8-1.0%

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