Is Anthem, AZ a good place to invest in rental property?

Anthem, AZ has a median modeled monthly cash flow of $-1,437 and a median cap rate of 3.4%, on a median sold price of $582,000. Prices changed -3.9% year over year.

What is the average cap rate in Anthem, AZ?

The median cap rate across recently sold homes in Anthem, AZ is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Anthem, AZ?

The median sold price in Anthem, AZ is $582,000 (about $268 per square foot).

Investing in Anthem, AZ Real Estate

A data-driven snapshot of the Anthem, AZ rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$582,000Median sold price

$268Median $/sqft

3.4%Median cap rate

$-1,437Modeled cash flow / mo

-3.9%Appreciation YoY

8.9Months of supply

307Active listings

415Sold (last 12 mo)

What the Anthem numbers say

In Anthem, AZ, the median home sold for $582,000 (about $268 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-1,437 of monthly cash flow. Sold prices moved -3.9% over the past year. Inventory sits at about 8.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 4 fix-and-flip deals in Anthem — listings where the estimated after-repair value beats list price + rehab.

Other Arizona markets to compare

See Anthem cash-flowing listings

CashFlowRE ranks every for-sale home in Anthem, AZ by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Anthem deals, or browse the national market data.