Best Places to Invest in Arizona Real Estate
174 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 | $455,000 | 3.2% | $-1,160 | -1.4% | 16,051 |
| Scottsdale | $931,250 | 2.5% | $-2,954 | +1.9% | 5,819 |
| Tucson | $318,750 | 3.8% | $-648 | -2.8% | 4,970 |
| Surprise | $419,990 | 3.2% | $-1,114 | -3.9% | 4,036 |
| Gilbert | $582,500 | 3.1% | $-1,594 | -1.1% | 3,205 |
| Buckeye | $400,000 | 3.1% | $-1,112 | -2.2% | 3,065 |
| Peoria | $510,000 | 3.2% | $-1,361 | -3.1% | 3,041 |
| San Tan Valley | $423,970 | 3.1% | $-1,164 | -2.7% | 2,692 |
| Chandler | $545,000 | 3.3% | $-1,424 | -2.4% | 2,676 |
| Goodyear | $475,000 | 2.9% | $-1,367 | +0.0% | 2,200 |
| Glendale | $430,000 | 3.5% | $-1,036 | -2.1% | 2,193 |
| Maricopa | $340,000 | 3.5% | $-812 | -3.7% | 1,917 |
| Lake Havasu City | $454,000 | 2.9% | $-1,245 | -1.3% | 1,671 |
| Queen Creek | $635,100 | 2.4% | $-2,127 | +0.4% | 1,641 |
| Prescott | $540,000 | 2.3% | $-2,005 | +0.0% | 1,612 |
| Mesa | $510,000 | 3.2% | $-1,361 | -1.9% | 1,575 |
| Marana | $419,090 | 3.2% | $-1,116 | -0.9% | 1,545 |
| Tempe | $475,000 | 3.3% | $-1,115 | -2.3% | 1,340 |
| Bullhead City | $245,000 | 3.6% | $-640 | -4.3% | 1,281 |
| Prescott Valley | $448,500 | 3.0% | $-1,320 | -3.1% | 1,274 |
| Apache Junction | $379,945 | 3.0% | $-1,080 | +1.2% | 1,216 |
| Yuma | $292,250 | 3.9% | $-620 | -1.5% | 1,202 |
| Casa Grande | $310,000 | 3.9% | $-679 | -1.6% | 1,115 |
| Catalina Foothills | $675,000 | 2.2% | $-2,201 | -2.3% | 1,026 |
| Oro Valley | $500,000 | 3.2% | $-1,331 | -4.1% | 1,023 |
| Flagstaff | $675,000 | 2.2% | $-2,420 | -1.3% | 1,000 |
| Florence | $325,990 | 3.8% | $-708 | -3.6% | 983 |
| Green Valley | $275,000 | 4.7% | $-352 | -0.8% | 980 |
| Kingman | $245,000 | 3.6% | $-702 | -1.3% | 955 |
| Sahuarita | $337,000 | 3.7% | $-783 | -4.1% | 925 |
| Fortuna Foothills | $265,000 | 3.9% | $-593 | +3.8% | 912 |
| Casas Adobes | $353,575 | 3.5% | $-794 | -1.1% | 853 |
| Avondale | $418,990 | 3.3% | $-1,105 | -0.4% | 843 |
| Sierra Vista | $295,000 | 4.3% | $-526 | +0.6% | 742 |
| Fountain Hills | $704,500 | 3.0% | $-1,922 | -0.6% | 710 |
| $35,000 | 0.2% | $-4,090 | -4.6% | 624 | |
| Vail | $374,400 | 3.5% | $-918 | -1.5% | 580 |
| Arizona City | $236,110 | 4.1% | $-472 | -2.2% | 574 |
| Sun Lakes | $450,000 | 3.6% | $-1,045 | -2.7% | 560 |
| Gold Canyon | $466,000 | 3.3% | $-1,159 | -2.2% | 533 |
| Payson | $399,900 | 3.2% | $-1,230 | +0.5% | 518 |
| Saddlebrooke | $500,000 | 3.4% | $-1,199 | -5.6% | 517 |
| Golden Valley | $39,000 | 3.2% | $-690 | -3.0% | 517 |
| Rio Rico | $245,000 | 4.0% | $-548 | +0.6% | 501 |
| Show Low | $365,500 | 3.2% | $-1,115 | -2.9% | 499 |
| Litchfield Park | $520,000 | 2.9% | $-1,515 | +0.8% | 489 |
| Fort Mohave | $297,500 | 4.2% | $-609 | -1.4% | 485 |
| New Kingman-Butler | $204,000 | 4.4% | $-368 | +3.8% | 471 |
| Sedona | $937,950 | 1.8% | $-4,170 | -1.1% | 439 |
| Rincon Valley | $429,990 | 3.2% | $-1,108 | -0.9% | 425 |
| Tonopah | $325,000 | 2.8% | $-1,128 | -4.1% | 421 |
| Coolidge | $278,995 | 4.4% | $-450 | -5.0% | 416 |
| Anthem | $582,000 | 3.1% | $-1,575 | -4.3% | 415 |
| Eloy | $208,500 | 1.7% | $-1,326 | -3.8% | 410 |
| Waddell | $485,645 | 2.6% | $-1,525 | -1.7% | 393 |
| Chino Valley | $415,000 | 2.5% | $-1,447 | +3.8% | 392 |
| Wickenburg | $450,000 | 2.7% | $-1,494 | +2.3% | 387 |
| New River | $699,500 | 2.0% | $-3,037 | +0.9% | 362 |
| Paradise Valley | $4,299,500 | -1.0% | $-34,588 | +6.2% | 328 |
| Sun City West | $450,000 | 3.8% | $-944 | -2.0% | 323 |
| Wittmann | $390,000 | 2.6% | $-1,677 | -1.4% | 313 |
| El Mirage | $341,500 | 4.3% | $-571 | -1.7% | 303 |
| Tanque Verde | $685,000 | 2.5% | $-2,239 | +0.5% | 281 |
| Cottonwood | $364,990 | 3.8% | $-719 | -4.7% | 276 |
| Cave Creek | $1,069,000 | 1.2% | $-5,629 | +4.8% | 275 |
| Valencia West | $321,690 | 3.8% | $-674 | -5.4% | 270 |
| Valle Vista | $224,000 | 3.9% | $-523 | -9.7% | 252 |
| San Luis | $255,000 | 4.4% | $-417 | +1.4% | 252 |
| Corona de Tucson | $370,380 | 4.0% | $-740 | -3.6% | 241 |
| Williamson | $781,950 | 0.8% | $-5,029 | +1.2% | 240 |
| Tucson Estates | $249,000 | 3.4% | $-547 | -0.6% | 239 |
| Village of Oak Creek (Big Park) | $780,000 | 2.8% | $-2,355 | -4.6% | 229 |
| Benson | $250,000 | 3.9% | $-505 | -0.6% | 221 |
| Drexel Heights | $300,000 | 3.4% | $-821 | -2.4% | 205 |
| Paulden | $292,500 | 2.4% | $-1,130 | -3.2% | 204 |
| Snowflake | $175,000 | 2.9% | $-1,112 | +5.2% | 203 |
| White Mountain Lake | $92,000 | 3.1% | $-570 | +6.1% | 201 |
| Camp Verde | $350,000 | 2.8% | $-1,107 | +3.3% | 201 |
| Dolan Springs | $18,000 | 4.9% | $-254 | +14.8% | 189 |
| Pinetop-Lakeside | $445,000 | 1.8% | $-1,973 | +3.6% | 184 |
| Valle | $15,900 | 1.7% | $-1,218 | +45.0% | 181 |
| Pinetop Country Club | $511,000 | 2.4% | $-1,835 | +7.8% | 180 |
| Munds Park | $477,000 | 2.4% | $-1,720 | +6.9% | 170 |
| Verde Village | $384,680 | 3.0% | $-1,092 | -2.3% | 168 |
| Concho | $25,000 | 2.4% | $-938 | +11.3% | 159 |
| Pine | $428,500 | 1.4% | $-2,175 | +1.5% | 157 |
| Seligman | $17,450 | 3.6% | $-595 | +2.1% | 154 |
| Carefree | $1,112,000 | 4.0% | $-1,601 | -8.5% | 154 |
| Heber-Overgaard | $292,500 | 3.5% | $-792 | -2.5% | 152 |
| Cordes Lakes | $130,000 | 3.5% | $-583 | -8.0% | 151 |
| Tucson Mountains | $581,000 | 1.8% | $-2,570 | +0.4% | 151 |
| Desert Hills | $355,000 | 1.9% | $-2,525 | -18.5% | 149 |
| Williams | $225,000 | 1.8% | $-2,254 | -9.4% | 149 |
| Sierra Vista Southeast | $357,250 | 4.1% | $-620 | -3.8% | 138 |
| Mohave Valley | $190,000 | 3.6% | $-773 | +2.4% | 137 |
| Lake Montezuma | $275,000 | 2.7% | $-1,047 | -1.7% | 133 |
| Picture Rocks | $258,000 | 4.0% | $-516 | -4.0% | 133 |
| Dewey | $390,000 | 3.1% | $-1,054 | -4.4% | 127 |
| Douglas | $85,000 | 4.4% | $-342 | +5.9% | 123 |
| Bisbee | $221,057 | 3.0% | $-747 | +8.9% | 123 |
| Cornville | $423,500 | 2.9% | $-1,526 | -4.2% | 122 |
| Red Rock | $288,000 | 3.7% | $-651 | -9.0% | 122 |
| Overgaard | $395,000 | 2.2% | $-1,495 | +2.7% | 120 |
| Flowing Wells | $209,900 | 4.7% | $-295 | -9.5% | 119 |
| Clarkdale | $470,000 | 3.2% | $-1,438 | -2.1% | 118 |
| Meadview | $22,000 | 4.0% | $-413 | -3.2% | 115 |
| Vernon | $85,000 | 1.0% | $-1,729 | +13.4% | 111 |
| Yucca | $21,000 | 2.9% | $-725 | -9.7% | 111 |
| Avra Valley | $265,000 | 4.3% | $-502 | +1.7% | 106 |
| Catalina | $334,900 | 3.7% | $-851 | -10.5% | 105 |
| Youngtown | $348,000 | 3.9% | $-716 | -5.5% | 105 |
| Three Points | $159,750 | 3.8% | $-495 | -6.1% | 104 |
| Lake of the Woods | $331,250 | 2.5% | $-1,191 | -2.0% | 102 |
| Wellton | $168,750 | 3.7% | $-604 | +5.8% | 96 |
| Citrus Park | $875,000 | 2.1% | $-2,846 | -1.0% | 94 |
| Red Lake | $182,500 | 1.5% | $-1,692 | +3.2% | 92 |
| Willcox | $110,000 | 3.8% | $-526 | +0.4% | 91 |
| Dewey-Humboldt | $308,000 | 2.6% | $-1,323 | +4.1% | 87 |
| Eagar | $296,000 | 2.5% | $-1,108 | +12.7% | 86 |
| Golden Shores | $99,000 | 3.1% | $-679 | +0.0% | 85 |
| Heber | $45,000 | 2.5% | $-1,591 | +10.1% | 84 |
| Tubac | $348,500 | 2.9% | $-1,526 | -2.7% | 82 |
| Ash Fork | $51,500 | 3.1% | $-722 | -30.0% | 82 |
| Sun City | $435,000 | 3.6% | $-950 | -4.9% | 81 |
| Winslow | $190,000 | 3.9% | $-511 | +5.1% | 77 |
| Wagon Wheel | $347,500 | 2.4% | $-1,158 | +8.4% | 74 |
| Doney Park | $725,000 | 1.8% | $-3,149 | +4.5% | 73 |
| Kachina Village | $495,000 | 3.4% | $-1,166 | +6.3% | 71 |
| Parks | $493,991 | 1.5% | $-2,526 | -5.1% | 68 |
| Linden | $416,000 | 2.1% | $-1,823 | -4.1% | 68 |
| Strawberry | $380,408 | 1.8% | $-1,698 | -1.5% | 66 |
| St Johns | $21,999 | 3.4% | $-440 | -10.2% | 65 |
| Pearce | $20,000 | 1.6% | $-1,632 | -15.5% | 65 |
| Whetstone | $215,000 | 2.9% | $-760 | -10.0% | 64 |
| Somerton | $286,450 | 3.0% | $-840 | -0.7% | 62 |
| Nogales | $198,000 | 4.0% | $-597 | -13.5% | 61 |
| Laveen | $539,990 | 2.5% | $-1,540 | -6.8% | 60 |
| Mescal | $134,000 | 3.3% | $-702 | -9.5% | 59 |
| White Hills | $20,000 | 2.7% | $-763 | +38.0% | 59 |
| Kaibab Estates West | $37,500 | 2.5% | $-1,027 | +18.3% | 59 |
| Cienega Springs | $437,500 | 2.1% | $-1,414 | +18.0% | 58 |
| Tonto Basin | $237,500 | 1.2% | $-1,487 | +3.1% | 58 |
| Oracle | $320,000 | 3.1% | $-947 | -4.3% | 57 |
| Congress | $219,500 | 2.9% | $-842 | -14.9% | 56 |
| Black Canyon City | $253,000 | 3.4% | $-606 | -2.8% | 56 |
| Tombstone | $200,000 | 2.8% | $-740 | +10.0% | 55 |
| Alpine | $250,000 | 1.0% | $-2,130 | -2.2% | 55 |
| Taylor | $310,000 | 2.2% | $-1,293 | -20.7% | 55 |
| Star Valley | $290,000 | 3.0% | $-981 | +15.3% | 53 |
| Bellemont | $520,000 | 3.3% | $-1,309 | -8.8% | 52 |
| Ajo | $147,000 | 7.1% | $122 | +22.3% | 49 |
| Morristown | $182,500 | 1.6% | $-2,243 | -5.8% | 49 |
| Fort Valley | $998,140 | 0.5% | $-8,947 | +12.8% | 48 |
| Salome | $107,500 | 3.3% | $-441 | +0.6% | 48 |
| Willow Valley | $222,500 | 5.2% | $-191 | -5.0% | 42 |
| Queen Valley | $188,000 | 3.6% | $-613 | -7.9% | 41 |
| Mayer | $244,750 | 2.7% | $-1,227 | -4.5% | 38 |
| San Manuel | $193,750 | 5.3% | $-133 | -9.4% | 38 |
| Quartzsite | $100,000 | 1.3% | $-803 | +20.2% | 38 |
| Safford | $280,000 | 3.7% | $-717 | +11.0% | 37 |
| Sunsites | $165,000 | 5.2% | $-171 | -14.9% | 37 |
| Tolleson | $349,400 | 2.4% | $-1,553 | +0.0% | 37 |
| Peeples Valley | $105,000 | 3.6% | $-792 | -15.1% | 37 |
| St. Johns | $147,337 | 3.0% | $-705 | +7.8% | 36 |
| Globe | $240,000 | 6.2% | $-24 | -15.0% | 35 |
| Sonoita | $465,000 | 1.2% | $-2,365 | +8.0% | 34 |
| Dateland | $1,250 | 4.9% | $-175 | +69.7% | 33 |
| Elfrida | $34,974 | 2.1% | $-723 | +0.9% | 32 |
| Holbrook | $177,000 | 3.9% | $-591 | +5.1% | 32 |
| Greer | $418,000 | 0.5% | $-2,327 | -12.9% | 31 |
| Spring Valley | $230,000 | 3.1% | $-606 | -14.2% | 31 |
| Timberline-Fernwood | $759,000 | 1.6% | $-3,422 | +0.7% | 30 |
| Cactus Forest | $325,950 | 2.5% | $-1,126 | -1.1% | 30 |
| Patagonia | $242,500 | 1.7% | $-2,005 | -20.2% | 30 |
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