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Mesa city, AZ

ZIP 85204 — Housing & Real Estate

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

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 85204

Median Home Value
$296,000
Median Rent
$1,215
Affordability Snapshot
$81,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,901/mo PITI).

21%
Rent-to-Income Ratio

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

4.3x
Home Price-to-Income Ratio

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

20.3 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 85204 in Mesa city, AZ, a household would need roughly $81,000 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 $1,901. That is about 17% above the local median household income ($69,474), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
57.9%-11% vs US avg
x
Vacancy Rate
6.0%-41% vs US avg
x
Broadband Access
90.7%+4% vs US avg
x
4+ Bedrooms
3.8%-74% vs US avg
x
Built Pre-1939
1.5%-88% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
21.1%-58% vs US avg
x
Mortgage-Free
34.0%-11% vs US avg
x
$296,000
Home Value
$1,215
Rent
1980
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached56.7%
  • 1-unit attached5.9%
  • 2-9 units13.6%
  • 10+ units13.5%
  • Mobile home & other10.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$296,000
Median rent$1,215
Owner-occupied57.9%
Vacant6.0%
Price-to-income4.3x
Est. income to buy$81,000