ZIP 85003
Phoenix, AZ · Maricopa County · Phoenix-Mesa-Chandler, AZ
Median income
$56,672
Census ACS 2023
Typical home value
$588,834
2026-04-30
Typical rent / mo
$1,661
Zillow ZORI
Est. gross yield
3.4%
estimate
Home values in 85003, 2000–2026
Zillow Home Value Index — typical home value, annual.
Estimated gross yield (3.4%) = annualized typical rent ÷ typical home value. It excludes taxes, insurance, vacancy, and maintenance — a true cap rate (net of expenses) will be lower. For directional comparison only.
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