Home values and rents: available snapshot
Only one observation is stored for Payson, AZ. A historical trend cannot be calculated from this snapshot.
- Typical home value (ZHVI)
- $389,536
- Source period: 2026-05-31
- Monthly rent index (ZORI)
- $1,904
- Source period: 2026-05-31
Stored snapshot: 2026-06-29. Source dates describe the underlying observations, not today’s market.
Quick Investment Calculator
Purchase
Monthly Cash Flow
* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.
Score Breakdown
Based on 5.87% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.
Based on -1.0% YoY price growth. Moderate growth (3-8%) scores highest.
Based on 0.0% population growth. Growing areas indicate economic stability.
Based on price relative to estimated local incomes.
Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.
Investment Outlook
Strengths
- +Low unemployment (0.0%)
Challenges
- -Declining home values (-1.0% YoY)
- -Negative cash flow at typical financing (-$920/mo)
- -Negative leverage (cap rate 3.8% < mortgage rate 7.4%)
Counties in Payson, AZ
Compare to Similar Metros
| Metro Area | Verdict | ||||||
|---|---|---|---|---|---|---|---|
Athens, OH Athens, OH | 70 | $188,414 | $929 | 5.92% | Buy | View | |
North Wilkesboro, NC North Wilkesboro, NC | 70 | $226,306 | $1,247 | 6.61% | Buy | View | |
Roswell, NM Roswell, NM | 70 | $175,140 | $1,326 | 9.09% | Buy | View | |
Forest City, NC Forest City, NC | 70 | $223,493 | $1,183 | 6.35% | Buy | View | |
Ardmore, OK Ardmore, OK | 70 | $182,709 | $1,221 | 8.02% | Buy | View | |
Current Payson, AZ | 50 | $389,536 | $1,904 | 5.87% | Hold |
The Bottom Line
The Payson, AZ metro area scores 50/100, ranking #722 of 894 US metros (top 81%). The 5.87% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.