Zip lookup · AZ

85206
Mesa, Arizona.

Mesa, Maricopa County, AZ · Phoenix-Mesa-Chandler, AZ metro · population 37,235

What it costs per month · 85206 $1,994/mo

to buy the typical home at today's mortgage rate — +$1,050 (+111%) since Jan 2020.

What the home itself did
1 year
Down $1,657 -0%
$381,619$379,962 since Sep 2025
5 years
Up $25,786 +7%
$354,176$379,962 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 85206 $1,994 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 85206$1,994
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 49 years.

Typical home values in zip 85206 fell 0.4% over the past year — slower than the nation's +1.2%.

Asking rents in zip 85206 fell 0.9% over the past year — slower than the nation's +2.7%.

Owning the typical home in zip 85206 runs $843/mo more than renting one. The gap peaked at $1,043 in Oct 2023.

That is $2,540 a month against $1,697 rent: a $1,994 mortgage payment, plus $139 property tax and $407 insurance & upkeep.

Owning vs renting — zip 85206

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$1,000 $1,500 $2,000 $2,500 2018 2019 2020 2021 2022 2023 2024 2025 2026 Owning all in $2,540 Renting $1,697 Mortgage only $1,994
$1,000 $1,500 $2,000 $2,500 2018 2022 2026
  • Owning all in$2,540
  • Renting$1,697
  • Mortgage only$1,994

Property tax · $139/mo 0.44% of value a year — the ACS 2020-2024 median bill over the median home value for Maricopa County, AZ

Insurance & upkeep · $407/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

Zillow also publishes an index for the city itself: Mesa, AZ — measured over the city limits, which is a different area from this zip.

Asking rent $1,697 as of Sep 2026
-0.9%year on year
Typical home value $379,962 as of Sep 2026
-0.4%year on year

Asking rent — 85206

Against the Phoenix-Mesa-Chandler, AZ metro and the national benchmark.

$1,000 $1,250 $1,500 $1,750 2018 2019 2020 2021 2022 2023 2024 2025 2026 85206 $1,697 Phoenix $1,720 United States $1,932
$1,000 $1,250 $1,500 $1,750 2018 2022 2026
  • 85206$1,697
  • Phoenix$1,720
  • United States$1,932

Typical home value — 85206

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 $500,000 2018 2020 2022 2024 2026 85206 $379,962 Phoenix $441,097 United States $366,157
$200,000 $300,000 $400,000 $500,000 2018 2022 2026
  • 85206$379,962
  • Phoenix$441,097
  • United States$366,157

Within 20 miles

Showing 30 of 49 zips in range — sorting picks from all 49.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
2.4 85205 Mesa 45,116 $1,770 $400,067
2.5 85234 Gilbert 51,283 $1,883 $548,790
4.1 85204 Mesa 65,155 $1,376 $387,919
4.4 85296 Gilbert 53,076 $2,176 $541,937
4.6 85213 Mesa 36,836 $1,629 $550,216
4.9 85209 Mesa 43,150 $1,923 $440,669
5.0 85208 Mesa 37,225 $1,899 $372,968
6.1 85207 Mesa 51,178 $2,116 $546,183
6.2 85203 Mesa 38,035 $1,291 $443,809
6.2 85233 Gilbert 39,077 $2,173 $516,489
6.4 85295 Gilbert 56,744 $1,903 $538,562
7.3 85212 Mesa 55,283 $2,199 $553,659
7.3 85210 Mesa 39,015 $1,418 $357,946
8.0 85201 Mesa 51,400 $1,390 $355,411
8.3 85297 Gilbert 37,475 $2,192 $584,518
8.6 85225 Chandler 72,297 $1,754 $438,217
8.9 85120 Apache Junction 31,191 $1,809 $351,688
9.1 85202 Mesa 38,750 $1,310 $389,081
10.5 85224 Chandler 47,963 $1,735 $448,297
10.9 85298 Gilbert 44,114 $2,640 $677,844
10.9 85286 Chandler 50,621 $2,086 $604,203
11.2 85215 Mesa 16,888 $2,265 $500,216
12.1 85119 Apache Junction 25,420 $1,734 $387,685
12.3 85257 Scottsdale 29,812 $1,973 $546,622
12.4 85282 Tempe 53,624 $1,540 $456,769
12.5 85281 Tempe 72,762 $1,616 $390,150
12.6 85283 Tempe 47,459 $1,574 $446,828
12.7 85249 Chandler 48,746 $2,777 $669,416
13.2 85284 Tempe 19,492 $2,807 $705,540
13.5 85251 Scottsdale 40,780 $1,992 $520,556

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.