Tempe, AZ
Full City Profile · Arizona · Maricopa County County
3.4
/5.0
B
Good
186,419
Population
4,663/sq mi density
$77,643
Median Income
$42,371 per capita
$421,900
Home Value
$466,198 Zillow
$1,623
Median Rent
30.9% income on rent
75°F
Avg Temperature
347 sunny days/yr
452
Violent Crime/100K
3,776 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$77,643 median income, 4.0% unemployment
B+
Affordability
3.6 / 5.0
$421,900 home value, $1,623/mo rent
F
Safety
1.0 / 5.0
452 violent crimes/100K (19% above avg)
A+
Education
5.0 / 5.0
49.5% bachelor's degree or higher
Housing Overview
Median Home Value
$421,900
50% above
US avg: $281,900
Median Rent
$1,623/mo
40% above
US avg: $1,163/mo
Homeownership Rate
41.6%
36% below US avg (65.4%)
Total Housing Units
82,696
Median year built: 1983
Home Value by Source
Census Median
$421,900
Zillow (ZHVI)
$466,198
Median Sale Price
$475,000
Median List Price
$499,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
41.6%
Owner-Occupied
58.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,053/mo
1 Bedroom
$1,151/mo
2 Bedroom
$1,419/mo
3 Bedroom
$1,889/mo
4 Bedroom
$2,158/mo
Census median rent:
$1,623/mo
· Zillow rent:
$1,679/mo
Market Indicators (Redfin)
Median Days on Market
50 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
106
Price Drops
28.8%
of listings with price reduction
Price Per Sq Ft
$296
Active Inventory
451
homes for sale
Affordability & Housing Stock
Rent Burden
30.9%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
41.6%
Complete Housing Data
Home Values
| Census Median Value | $421,900 |
| Zillow Home Value (ZHVI) | $466,198 |
| Median Sale Price | $475,000 |
| Median List Price | $499,000 |
| Price Per Sq Ft | $296 |
Rent
| Census Median Rent | $1,623 |
| Zillow Rent (ZORI) | $1,679 |
| FMR Studio | $1,053 |
| FMR 1-Bedroom | $1,151 |
| FMR 2-Bedroom | $1,419 |
| FMR 3-Bedroom | $1,889 |
| FMR 4-Bedroom | $2,158 |
Market
| Days on Market | 50 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 28.8% |
| Homes Sold | 106 |
| Active Inventory | 451 |
| Price Per Sq Ft | $296 |
Ownership & Stock
| Owner-Occupied | 41.6% |
| Renter-Occupied | 58.4% |
| Homeownership Rate | 41.6% |
| Total Housing Units | 82,696 |
| Median Year Built | 1983 |
| Rent Burden | 30.9% |
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