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

Avondale, AZ has a median modeled monthly cash flow of $-1,046 and a median cap rate of 3.4%, on a median sold price of $419,000. Prices changed -0.4% year over year.

What is the average cap rate in Avondale, AZ?

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

What is the median home price in Avondale, AZ?

The median sold price in Avondale, AZ is $419,000 (about $223 per square foot).

Investing in Avondale, AZ Real Estate

A data-driven snapshot of the Avondale, 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.

$419,000Median sold price

$223Median $/sqft

3.4%Median cap rate

$-1,046Modeled cash flow / mo

-0.4%Appreciation YoY

8.5Months of supply

616Active listings

865Sold (last 12 mo)

What the Avondale numbers say

In Avondale, AZ, the median home sold for $419,000 (about $223 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-1,046 of monthly cash flow. Sold prices moved -0.4% over the past year. Inventory sits at about 8.5 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.

Other Arizona markets to compare

See Avondale cash-flowing listings

CashFlowRE ranks every for-sale home in Avondale, 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 Avondale deals, or browse the national market data.