Best Places to Invest in Arizona Real Estate
177 Arizona markets ranked from our sold history and per-listing investment modeling. Tap a city for its cap rate, cash flow and price detail — then sign up to see the actual cash-flowing listings.
| City | Median price | Cap rate | Cash flow/mo | Appreciation YoY | Sold (12mo) |
|---|---|---|---|---|---|
| Phoenix | $459,990 | 3.3% | $-1,178 | -1.1% | 16,017 |
| Scottsdale | $925,000 | 2.5% | $-2,998 | +1.7% | 5,678 |
| Tucson | $322,000 | 3.7% | $-690 | -2.3% | 5,066 |
| Surprise | $420,000 | 3.3% | $-1,121 | -3.8% | 4,223 |
| Buckeye | $404,900 | 3.1% | $-1,131 | -1.8% | 3,335 |
| Gilbert | $580,000 | 3.2% | $-1,595 | -1.7% | 3,240 |
| Peoria | $510,000 | 3.3% | $-1,344 | -3.1% | 3,009 |
| San Tan Valley | $419,990 | 3.2% | $-1,152 | -2.7% | 2,876 |
| Chandler | $548,500 | 3.3% | $-1,408 | -3.1% | 2,655 |
| Glendale | $440,000 | 3.5% | $-1,076 | -2.5% | 2,580 |
| Goodyear | $470,000 | 3.0% | $-1,331 | +0.0% | 2,327 |
| Lake Havasu City | $450,000 | 3.0% | $-1,247 | -2.0% | 1,701 |
| Queen Creek | $634,990 | 2.7% | $-2,001 | +0.0% | 1,674 |
| Maricopa | $346,000 | 3.7% | $-791 | -4.2% | 1,616 |
| Prescott | $535,000 | 2.4% | $-2,008 | -0.2% | 1,616 |
| Marana | $406,840 | 3.3% | $-1,101 | -0.9% | 1,607 |
| Mesa | $516,356 | 3.4% | $-1,327 | -2.3% | 1,564 |
| Prescott Valley | $440,000 | 3.2% | $-1,285 | -2.4% | 1,363 |
| Tempe | $480,000 | 3.4% | $-1,103 | -3.6% | 1,339 |
| Bullhead City | $246,000 | 3.7% | $-643 | -1.0% | 1,234 |
| Yuma | $299,000 | 3.9% | $-636 | -1.0% | 1,216 |
| Apache Junction | $375,000 | 3.5% | $-898 | -0.4% | 1,182 |
| Casa Grande | $314,495 | 4.1% | $-642 | -2.6% | 1,106 |
| Oro Valley | $500,000 | 3.2% | $-1,445 | -3.4% | 1,024 |
| Catalina Foothills | $670,000 | 2.5% | $-2,105 | -2.3% | 1,011 |
| Green Valley | $272,000 | 4.5% | $-402 | -4.4% | 999 |
| Flagstaff | $668,500 | 2.1% | $-2,560 | -2.6% | 934 |
| Sahuarita | $339,990 | 3.8% | $-789 | -6.0% | 933 |
| Fortuna Foothills | $262,500 | 4.2% | $-563 | +3.8% | 931 |
| Florence | $324,990 | 4.2% | $-616 | -4.1% | 902 |
| Kingman | $249,900 | 3.6% | $-783 | -0.5% | 887 |
| Casas Adobes | $360,000 | 3.5% | $-795 | -1.3% | 875 |
| Avondale | $419,000 | 3.4% | $-1,046 | -0.4% | 865 |
| Sierra Vista | $290,000 | 4.3% | $-506 | +0.0% | 743 |
| Fountain Hills | $677,000 | 3.4% | $-1,745 | -3.0% | 702 |
| Arizona City | $239,990 | 4.2% | $-460 | -3.0% | 589 |
| New Kingman-Butler | $205,000 | 4.3% | $-404 | +2.6% | 564 |
| Gold Canyon | $472,500 | 3.9% | $-936 | -2.2% | 548 |
| Sun Lakes | $460,000 | 3.8% | $-963 | -4.2% | 547 |
| Golden Valley | $35,000 | 2.8% | $-865 | -5.3% | 540 |
| Rio Rico | $245,000 | 4.1% | $-543 | -0.6% | 534 |
| Fort Mohave | $295,000 | 4.2% | $-623 | +1.0% | 531 |
| Saddlebrooke | $510,000 | 3.9% | $-1,006 | -2.4% | 516 |
| Payson | $401,500 | 3.3% | $-1,256 | -2.1% | 515 |
| Coolidge | $280,000 | 4.5% | $-464 | -4.6% | 497 |
| Show Low | $395,000 | 3.3% | $-1,055 | +1.3% | 476 |
| Eloy | $144,000 | 1.3% | $-1,351 | -1.2% | 443 |
| Rincon Valley | $429,940 | 3.5% | $-1,059 | -0.9% | 425 |
| Anthem | $575,000 | 3.7% | $-1,266 | -4.3% | 406 |
| Chino Valley | $428,990 | 2.6% | $-1,546 | +2.6% | 403 |
| Sedona | $950,000 | 1.4% | $-5,129 | -0.4% | 391 |
| Corona de Tucson | $374,890 | 3.8% | $-847 | -3.0% | 391 |
| Sun City West | $450,000 | 4.1% | $-825 | -3.6% | 383 |
| New River | $715,000 | 1.9% | $-3,290 | -0.5% | 369 |
| Wickenburg | $450,000 | 3.0% | $-1,348 | -6.1% | 366 |
| Ak-Chin Village | $329,990 | 3.2% | $-967 | -1.6% | 350 |
| Vail | $365,500 | 3.4% | $-1,009 | -2.0% | 343 |
| Williamson | $642,500 | 0.7% | $-5,319 | -2.3% | 314 |
| Paradise Valley | $4,250,000 | -1.1% | $-36,652 | +4.6% | 308 |
| Valle Vista | $209,123 | 3.5% | $-658 | -7.9% | 301 |
| Tanque Verde | $710,000 | 1.8% | $-2,894 | +1.4% | 295 |
| El Mirage | $345,000 | 4.5% | $-491 | +0.4% | 294 |
| Valencia West | $322,860 | 3.9% | $-689 | -5.1% | 291 |
| White Mountain Lake | $58,250 | 4.2% | $-413 | -1.7% | 286 |
| Heber-Overgaard | $313,950 | 3.2% | $-1,065 | -3.5% | 282 |
| Cottonwood | $374,990 | 3.8% | $-758 | -4.6% | 269 |
| Tucson Estates | $241,500 | 4.4% | $-339 | -2.0% | 254 |
| San Luis | $255,500 | 4.1% | $-484 | +1.9% | 232 |
| Paulden | $275,000 | 3.0% | $-1,108 | -3.3% | 226 |
| Wintersburg | $325,000 | 3.2% | $-1,007 | -5.6% | 213 |
| Dolan Springs | $16,000 | 4.2% | $-414 | +10.7% | 211 |
| Valle | $18,000 | 2.4% | $-1,021 | -11.6% | 206 |
| Snowflake | $107,500 | 2.9% | $-1,136 | -1.2% | 196 |
| Pinetop-Lakeside | $385,000 | 1.9% | $-1,989 | -4.3% | 192 |
| Drexel Heights | $295,000 | 3.6% | $-777 | -3.9% | 192 |
| Village of Oak Creek (Big Park) | $785,000 | 2.6% | $-2,461 | -2.1% | 190 |
| Pinetop Country Club | $513,747 | 2.9% | $-1,588 | +4.4% | 185 |
| Camp Verde | $322,500 | 2.8% | $-1,024 | +4.0% | 184 |
| Benson | $249,990 | 4.5% | $-385 | +1.9% | 181 |
| Verde Village | $389,950 | 3.2% | $-1,135 | -0.8% | 178 |
| Yucca | $17,000 | 2.5% | $-982 | -10.5% | 168 |
| Munds Park | $455,000 | 1.5% | $-2,178 | -0.1% | 167 |
| Picture Rocks | $245,000 | 5.7% | $-143 | -5.8% | 164 |
| Pine | $425,000 | 1.1% | $-2,324 | +3.9% | 164 |
| Cave Creek | $899,500 | 1.5% | $-5,772 | +2.6% | 164 |
| Seligman | $23,000 | 4.0% | $-527 | -40.4% | 162 |
| Cordes Lakes | $160,325 | 5.2% | $-262 | -4.1% | 156 |
| Carefree | $1,112,000 | 4.0% | $-1,543 | -8.4% | 154 |
| Sierra Vista Southeast | $305,000 | 4.5% | $-549 | +3.5% | 153 |
| Red Rock | $287,500 | 3.8% | $-648 | -1.8% | 150 |
| Three Points | $105,000 | 4.8% | $-327 | -9.5% | 148 |
| Tucson Mountains | $580,000 | 1.4% | $-3,133 | +1.2% | 147 |
| Douglas | $65,000 | 4.3% | $-393 | +2.5% | 143 |
| Desert Hills | $350,000 | 2.0% | $-2,138 | -12.4% | 143 |
| Tonopah | $59,450 | 3.4% | $-889 | -4.5% | 140 |
| Bisbee | $217,500 | 2.1% | $-1,086 | +8.9% | 135 |
| Dewey-Humboldt | $333,000 | 2.4% | $-1,443 | -6.4% | 131 |
| Litchfield Park | $590,000 | 3.2% | $-1,736 | +3.9% | 130 |
| $28,500 | 2.7% | $-986 | -13.2% | 128 | |
| Citrus Park | $712,980 | 2.5% | $-1,945 | -4.2% | 123 |
| Red Lake | $130,000 | 1.8% | $-1,670 | +6.5% | 121 |
| Meadview | $30,000 | 3.7% | $-502 | -5.7% | 121 |
| Kaibab Estates West | $37,800 | 2.7% | $-930 | +4.3% | 120 |
| Lake Montezuma | $220,000 | 2.5% | $-1,066 | -2.4% | 117 |
| Flowing Wells | $212,450 | 6.1% | $-39 | -9.2% | 112 |
| Avra Valley | $259,950 | 5.9% | $-90 | +5.9% | 108 |
| Sunsites | $29,500 | 4.3% | $-403 | -2.2% | 107 |
| Golden Shores | $76,500 | 2.7% | $-742 | -6.7% | 106 |
| Youngtown | $348,000 | 3.9% | $-729 | -5.1% | 105 |
| Kachina Village | $637,500 | 3.4% | $-1,158 | -7.1% | 104 |
| Clarkdale | $444,500 | 3.0% | $-1,581 | +4.3% | 102 |
| Wittmann | $355,500 | 3.5% | $-878 | +1.9% | 100 |
| Concho | $27,350 | 2.6% | $-968 | +2.6% | 100 |
| Catalina | $357,495 | 4.3% | $-522 | -3.8% | 98 |
| Wellton | $159,600 | 3.7% | $-558 | -8.4% | 95 |
| Eagar | $299,000 | 2.4% | $-1,150 | +10.8% | 93 |
| Linden | $382,500 | 2.3% | $-1,669 | +8.2% | 92 |
| Lake of the Woods | $325,000 | 2.4% | $-1,413 | +4.9% | 91 |
| Winslow | $185,000 | 3.9% | $-541 | +14.6% | 86 |
| Williams | $389,000 | 1.3% | $-2,665 | -2.5% | 85 |
| Mohave Valley | $167,500 | 3.8% | $-768 | -17.1% | 84 |
| Willcox | $137,000 | 4.2% | $-406 | +13.7% | 83 |
| Doney Park | $641,900 | 1.6% | $-3,473 | +5.3% | 83 |
| Taylor | $309,000 | 2.9% | $-1,066 | -6.1% | 81 |
| Tubac | $392,000 | 3.5% | $-1,339 | -6.0% | 73 |
| Vernon | $19,950 | 1.6% | $-1,497 | -4.9% | 72 |
| Mescal | $160,000 | 2.6% | $-943 | +11.3% | 69 |
| Cornville | $381,000 | 2.2% | $-2,275 | +3.9% | 68 |
| Whetstone | $215,000 | 1.9% | $-1,443 | -6.6% | 67 |
| Rio Verde | $554,950 | 4.7% | $-1,027 | +1.0% | 66 |
| St. Johns | $31,000 | 3.0% | $-590 | +5.1% | 63 |
| Stanfield | $114,000 | 2.4% | $-1,400 | -0.3% | 63 |
| Parks | $505,000 | 1.4% | $-2,507 | +12.0% | 63 |
| White Hills | $22,000 | 3.4% | $-724 | +19.4% | 61 |
| Tombstone | $173,000 | 2.2% | $-1,103 | +13.2% | 60 |
| Wagon Wheel | $357,500 | 2.9% | $-1,038 | +4.2% | 60 |
| Nogales | $199,000 | 3.5% | $-676 | -12.3% | 60 |
| Strawberry | $395,000 | 1.6% | $-1,751 | -10.9% | 59 |
| Tonto Basin | $227,000 | 1.4% | $-1,453 | +1.3% | 59 |
| Cienega Springs | $336,000 | 2.2% | $-1,809 | +9.5% | 56 |
| Sunizona | $25,000 | 1.2% | $-1,967 | -39.8% | 56 |
| Mayer | $268,500 | 2.4% | $-1,558 | +2.2% | 56 |
| Black Canyon City | $256,000 | 4.9% | $-342 | -1.4% | 55 |
| Ash Fork | $50,000 | 3.4% | $-608 | +12.2% | 53 |
| Congress | $248,500 | 4.2% | $-516 | -15.3% | 52 |
| Fort Valley | $905,000 | 0.4% | $-8,078 | -5.6% | 51 |
| Ajo | $140,000 | 6.8% | $83 | +2.5% | 51 |
| Star Valley | $305,000 | 3.8% | $-793 | +19.7% | 51 |
| Walnut Creek | $36,000 | 2.9% | $-995 | +0.9% | 51 |
| Alpine | $320,000 | 1.5% | $-1,727 | -3.4% | 51 |
| Oracle | $284,500 | 4.2% | $-666 | -14.2% | 50 |
| Bellemont | $515,000 | 6.1% | $-73 | +1.3% | 50 |
| Aguila | $267,500 | 5.0% | $-772 | -9.9% | 48 |
| Cactus Forest | $270,000 | 3.2% | $-884 | -5.6% | 47 |
| Safford | $254,950 | 3.7% | $-776 | +1.1% | 46 |
| Hackberry | $39,000 | 2.3% | $-1,137 | +19.6% | 44 |
| Quartzsite | $110,000 | 2.3% | $-754 | +28.5% | 43 |
| Willow Valley | $240,000 | 5.8% | $-103 | -4.7% | 43 |
| Arlington | $285,750 | 3.1% | $-876 | -5.9% | 42 |
| Heber | $23,250 | 3.7% | $-700 | -22.2% | 42 |
| Sonoita | $425,000 | 0.7% | $-2,639 | -14.6% | 42 |
| Somerton | $287,500 | 3.2% | $-794 | -0.8% | 42 |
| Peeples Valley | $94,000 | 2.5% | $-1,062 | -7.2% | 42 |
| Arizona Village | $110,000 | 5.7% | $-88 | +16.2% | 40 |
| San Manuel | $170,000 | 5.0% | $-196 | +6.0% | 39 |
| Spring Valley | $228,750 | 4.6% | $-387 | -11.4% | 36 |
| Young | $178,000 | 1.1% | $-2,900 | +16.4% | 35 |
| Queen Valley | $219,000 | 5.6% | $-117 | +0.7% | 35 |
| St Johns | $24,000 | -0.4% | $-2,639 | — | 35 |
| Elfrida | $18,650 | 2.1% | $-760 | +26.0% | 35 |
| Superior | $215,000 | 2.6% | $-768 | +1.9% | 34 |
| Wilhoit | $140,500 | 2.3% | $-1,082 | -8.7% | 32 |
| Salome | $108,000 | 4.3% | $-319 | +0.0% | 31 |
| Holbrook | $179,000 | 3.9% | $-593 | +7.0% | 31 |
| Timberline-Fernwood | $737,500 | 1.7% | $-3,486 | -1.6% | 30 |
| St. David | $162,500 | 1.4% | $-1,881 | +12.0% | 30 |
| Nutrioso | $144,750 | -0.1% | $-3,754 | +1.6% | 30 |
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