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Tempe city, AZ

ZIP 85284 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 85284

Median Home Value
$646,300
Median Rent
$1,915
Affordability Snapshot
$178,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,152/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

28.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 85284 in Tempe city, AZ, a household would need roughly $178,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,152. That is about 15% above the local median household income ($154,663), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
81.6%+25% vs US avg
x
Vacancy Rate
3.0%-71% vs US avg
x
Broadband Access
98.0%+13% vs US avg
x
4+ Bedrooms
11.9%-19% vs US avg
x
Built Pre-1939
0.2%-99% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
13.6%-73% vs US avg
x
Mortgage-Free
35.3%-7% vs US avg
x
$646,300
Home Value
$1,915
Rent
1990
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached85.9%
  • 1-unit attached3.0%
  • 2-9 units3.5%
  • 10+ units7.3%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$646,300
Median rent$1,915
Owner-occupied81.6%
Vacant3.0%
Price-to-income4.2x
Est. income to buy$178,000