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New River CDP, AZ

ZIP 85087 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 85087

Median Home Value
$510,800
Median Rent
$1,582
Affordability Snapshot
$141,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,281/mo PITI).

16%
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.

26.9 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 85087 in New River CDP, AZ, a household would need roughly $141,000 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 $3,281. That is about 17% above the local median household income ($120,688), 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
94.2%+44% vs US avg
x
Vacancy Rate
3.6%-65% vs US avg
x
Broadband Access
97.3%+12% vs US avg
x
4+ Bedrooms
7.1%-52% vs US avg
x
Built Pre-1939
0.1%-99% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
35.1%-29% vs US avg
x
Mortgage-Free
34.1%-11% vs US avg
x
$510,800
Home Value
$1,582
Rent
2004
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached89.2%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.6%
  • Mobile home & other10.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$510,800
Median rent$1,582
Owner-occupied94.2%
Vacant3.6%
Price-to-income4.2x
Est. income to buy$141,000