Arizona — Rental Investment Markets
All Arizona metros ranked by cap rate. Median cap rate: 4.1%, median home price: $407,881.
Median Cap Rate
4.1%
Median Home Price
$407,881
Median Rent
$2,160/mo
| # | City | Cap Rate | Cash Flow | Home Price | Rent (3BR) | Verdict |
|---|---|---|---|---|---|---|
| 1 | Ajo, AZ | 13.7% | +$835/mo | $137,703 | $2,150/mo | 🟢 STRONG |
| 2 | Seligman, AZ | 9.7% | +$423/mo | $153,779 | $1,780/mo | 🟢 STRONG |
| 3 | Benson, AZ | 6.7% | +$60/mo | $252,652 | $2,150/mo | 🟢 GOOD |
| 4 | Maricopa, AZ | 6.6% | +$72/mo | $343,358 | $2,910/mo | 🟢 GOOD |
| 5 | Ash Fork, AZ | 6.5% | +$28/mo | $212,493 | $1,780/mo | 🟢 GOOD |
| 6 | Sun City, AZ | 6.0% | -$126/mo | $321,670 | $2,490/mo | 🟢 GOOD |
| 7 | Surprise, AZ | 5.8% | -$217/mo | $425,020 | $2,940/mo | 🟡 MODERATE |
| 8 | San Tan Valley, AZ | 5.8% | -$217/mo | $405,769 | $3,070/mo | 🟡 MODERATE |
| 9 | Buckeye, AZ | 5.6% | -$262/mo | $417,951 | $3,115/mo | 🟡 MODERATE |
| 10 | Green Valley, AZ | 4.9% | -$397/mo | $320,519 | $2,150/mo | 🟡 MODERATE |
| 11 | Goodyear, AZ | 4.6% | -$737/mo | $495,220 | $3,170/mo | 🟡 MODERATE |
| 12 | Yuma, AZ | 4.6% | -$406/mo | $305,950 | $1,870/mo | 🟡 MODERATE |
| 13 | Casa Grande, AZ | 4.6% | -$548/mo | $348,023 | $2,150/mo | 🟡 MODERATE |
| 14 | Avondale, AZ | 4.5% | -$616/mo | $401,094 | $2,545/mo | 🟡 MODERATE |
| 15 | Tucson, AZ | 4.4% | -$509/mo | $325,786 | $2,040/mo | 🟡 MODERATE |
| 16 | Glendale, AZ | 4.4% | -$698/mo | $407,259 | $2,495/mo | 🟡 MODERATE |
| 17 | Mesa, AZ | 4.3% | -$803/mo | $406,987 | $2,520/mo | 🟡 MODERATE |
| 18 | Peoria, AZ | 4.3% | -$739/mo | $456,509 | $2,850/mo | 🟡 MODERATE |
| 19 | Gilbert, AZ | 4.2% | -$1,020/mo | $553,918 | $3,450/mo | 🟡 MODERATE |
| 20 | Pearce, AZ | 4.2% | -$408/mo | $220,028 | $1,310/mo | 🟡 MODERATE |
| 21 | Fredonia, AZ | 4.2% | -$556/mo | $299,042 | $1,780/mo | 🟡 MODERATE |
| 22 | Somerton, AZ | 4.1% | -$490/mo | $260,825 | $1,545/mo | 🟡 MODERATE |
| 23 | Tempe, AZ | 4.1% | -$895/mo | $460,848 | $2,740/mo | 🟡 MODERATE |
| 24 | Kingman, AZ | 4.1% | -$526/mo | $277,052 | $1,635/mo | 🟡 MODERATE |
| 25 | Phoenix, AZ | 4.1% | -$746/mo | $415,545 | $2,340/mo | 🟡 MODERATE |
| 26 | Elfrida, AZ | 4.1% | -$428/mo | $219,243 | $1,280/mo | 🟡 MODERATE |
| 27 | Saddlebrooke, AZ | 4.0% | -$955/mo | $472,664 | $2,720/mo | 🟡 MODERATE |
| 28 | Mayer, AZ | 4.0% | -$575/mo | $283,125 | $1,625/mo | 🟡 MODERATE |
| 29 | Chandler, AZ | 3.9% | -$1,077/mo | $532,029 | $3,105/mo | 🔴 WEAK |
| 30 | Apache Junction, AZ | 3.9% | -$776/mo | $376,718 | $2,150/mo | 🔴 WEAK |
| 31 | Oro Valley, AZ | 3.8% | -$1,093/mo | $504,122 | $2,810/mo | 🔴 WEAK |
| 32 | Sierra Vista, AZ | 3.6% | -$756/mo | $317,300 | $1,685/mo | 🔴 WEAK |
| 33 | Marana, AZ | 3.5% | -$1,162/mo | $461,425 | $2,375/mo | 🔴 WEAK |
| 34 | Congress, AZ | 3.5% | -$1,070/mo | $421,614 | $2,300/mo | 🔴 WEAK |
| 35 | Morristown, AZ | 3.5% | -$990/mo | $408,503 | $2,150/mo | 🔴 WEAK |
| 36 | Bullhead City, AZ | 3.1% | -$966/mo | $338,159 | $1,600/mo | 🔴 WEAK |
| 37 | Parks, AZ | 3.0% | -$1,618/mo | $579,578 | $2,790/mo | 🔴 WEAK |
| 38 | Prescott Valley, AZ | 3.0% | -$1,427/mo | $452,454 | $2,170/mo | 🔴 WEAK |
| 39 | Williams, AZ | 2.6% | -$1,397/mo | $439,744 | $1,910/mo | 🔴 WEAK |
| 40 | Wickenburg, AZ | 2.4% | -$1,720/mo | $516,891 | $2,150/mo | 🔴 WEAK |
| 41 | Lake Havasu City, AZ | 2.2% | -$1,496/mo | $440,329 | $1,805/mo | 🔴 WEAK |
| 42 | Scottsdale, AZ | 2.0% | -$3,257/mo | $886,184 | $3,310/mo | 🔴 WEAK |
| 43 | Flagstaff, AZ | 1.9% | -$2,502/mo | $671,771 | $2,360/mo | 🔴 POOR |
| 44 | Huachuca City, AZ | 1.8% | -$1,958/mo | $516,925 | $1,860/mo | 🔴 POOR |
| 45 | Prescott, AZ | 1.3% | -$2,500/mo | $585,160 | $1,760/mo | 🔴 POOR |
| 46 | Sedona, AZ | 0.6% | -$4,809/mo | $997,145 | $2,330/mo | 🔴 POOR |