Zip lookup · AZ

85208
Mesa, Arizona.

Mesa, Maricopa County, AZ · Phoenix-Mesa-Chandler, AZ metro · population 37,225

What it costs per month · 85208 $1,958/mo

to buy the typical home at today's mortgage rate — +$1,043 (+114%) since Jan 2020.

What the home itself did
1 year
Down $7,653 -2%
$380,622$372,968 since Sep 2025
5 years
Up $21,043 +6%
$351,925$372,968 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 85208 $1,958 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 85208$1,958
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 60 years.

Typical home values in zip 85208 fell 2.0% over the past year — slower than the nation's +1.2%.

Asking rents in zip 85208 rose 0.6% over the past year — slower than the nation's +2.7%.

Owning the typical home in zip 85208 runs $595/mo more than renting one. The gap peaked at $928 in Oct 2022.

That is $2,493 a month against $1,899 rent: a $1,958 mortgage payment, plus $136 property tax and $399 insurance & upkeep.

Owning vs renting — zip 85208

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 2020 2022 2024 2026 Owning all in $2,493 Renting $1,899 Mortgage only $1,958
$1,000 $1,500 $2,000 $2,500 2018 2022 2026
  • Owning all in$2,493
  • Renting$1,899
  • Mortgage only$1,958

Property tax · $136/mo 0.44% of value a year — the ACS 2020-2024 median bill over the median home value for Maricopa County, AZ

Insurance & upkeep · $399/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 $1,899 as of Sep 2026
+0.6%year on year
Typical home value $372,968 as of Sep 2026
-2.0%year on year

Asking rent — 85208

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

$1,200 $1,400 $1,600 $1,800 2018 2020 2022 2024 2026 85208 $1,899 Phoenix $1,720 United States $1,932
$1,200 $1,400 $1,600 $1,800 2018 2022 2026
  • 85208$1,899
  • Phoenix$1,720
  • United States$1,932

Typical home value — 85208

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 $500,000 2018 2020 2022 2024 2026 85208 $372,968 Phoenix $441,097 United States $366,157
$200,000 $300,000 $400,000 $500,000 2018 2022 2026
  • 85208$372,968
  • Phoenix$441,097
  • United States$366,157

Within 20 miles

Showing 30 of 39 zips in range — sorting picks from all 39.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
1.7 85209 Mesa 43,150 $1,923 $440,669
3.5 85207 Mesa 51,178 $2,116 $546,183
4.1 85120 Apache Junction 31,191 $1,809 $351,688
5.0 85206 Mesa 37,235 $1,697 $379,962
5.4 85205 Mesa 45,116 $1,770 $400,067
5.7 85212 Mesa 55,283 $2,199 $553,659
6.7 85234 Gilbert 51,283 $1,883 $548,790
7.2 85119 Apache Junction 25,420 $1,734 $387,685
7.8 85296 Gilbert 53,076 $2,176 $541,937
8.0 85215 Mesa 16,888 $2,265 $500,216
8.5 85213 Mesa 36,836 $1,629 $550,216
9.0 85204 Mesa 65,155 $1,376 $387,919
9.1 85295 Gilbert 56,744 $1,903 $538,562
10.4 85203 Mesa 38,035 $1,291 $443,809
10.5 85297 Gilbert 37,475 $2,192 $584,518
10.9 85233 Gilbert 39,077 $2,173 $516,489
12.2 85210 Mesa 39,015 $1,418 $357,946
12.6 85298 Gilbert 44,114 $2,640 $677,844
12.7 85201 Mesa 51,400 $1,390 $355,411
13.0 85225 Chandler 72,297 $1,754 $438,217
13.5 85140 San Tan Valley 51,260 $2,011 $428,041
14.1 85202 Mesa 38,750 $1,310 $389,081
14.6 85142 Queen Creek 93,700 $2,206 $586,082
14.7 85286 Chandler 50,621 $2,086 $604,203
15.1 85224 Chandler 47,963 $1,735 $448,297
15.4 85268 Fountain Hills 23,849 $2,332 $664,285
15.5 85118 Gold Canyon 14,932 $1,922 $475,572
15.6 85249 Chandler 48,746 $2,777 $669,416
16.8 85257 Scottsdale 29,812 $1,973 $546,622
17.1 85259 Scottsdale 21,670 $1,689 $1,141,899

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