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Tempe city, AZ

ZIP 85283 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 85283

Median Home Value
$409,800
Median Rent
$1,456
Affordability Snapshot
$113,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,632/mo PITI).

22%
Rent-to-Income Ratio

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

5.1x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

23.5 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 85283 in Tempe city, AZ, a household would need roughly $113,000 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 $2,632. That is about 39% above the local median household income ($81,073), 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
48.7%-26% vs US avg
x
Vacancy Rate
7.2%-30% vs US avg
x
Broadband Access
95.5%+10% vs US avg
x
4+ Bedrooms
2.8%-81% vs US avg
x
Built Pre-1939
0.7%-95% vs US avg
x
Built Post-2014
0.0%-99% vs US avg
x
Rent Burden >30%
20.5%-59% vs US avg
x
Mortgage-Free
35.5%-7% vs US avg
x
$409,800
Home Value
$1,456
Rent
1982
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

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

  • 1-unit detached48.7%
  • 1-unit attached9.6%
  • 2-9 units13.8%
  • 10+ units25.8%
  • Mobile home & other2.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$409,800
Median rent$1,456
Owner-occupied48.7%
Vacant7.2%
Price-to-income5.1x
Est. income to buy$113,000