Flagstaff, AZ housing market
Typical home value
$650K
▲ 0.2% 1 yr
Typical rent
$2,128/mo
▼ 0.3% 1 yr
Gross rent yield
3.9%
U.S. 6.3%
5-year home value change
+24%
U.S. +20%
Key takeaways
- 1The typical home in Flagstaff is worth $650,175, up 0.2% over the past year and up 24% over five years.
- 2Typical rent is $2,128 a month (−0.3% YoY), a gross rent yield of 3.9% (below the Flagstaff, AZ metro's 4.1%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $3,573/mo, $1,445 more than typical rent.
- 4Zillow forecasts the Flagstaff, AZ metro's home values to change +1.0% over the next 12 months.
Market temperature (Flagstaff, AZ metro)
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 24/100, #507 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Flagstaff compares
| Measure | Flagstaff | Flagstaff, AZ metro | United States |
|---|---|---|---|
| Typical home value | $650,175 | $618,862 | $366,157 |
| Home value, 1-yr change | +0.2% | +0.2% | +1.2% |
| Typical rent | $2,128 | $2,128 | $1,932 |
| Rent, 1-yr change | −0.3% | 0.0% | +2.7% |
| Gross rent yield | 3.9% | 4.1% | 6.3% |
| Price-to-rent ratio | 25.5 | 24.2 | 15.8 |
| Mortgage P&I, typical home | $3,573 | $3,401 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Flagstaff rental, pre-filled.
Rent vs buy in Flagstaff
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $650K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.