Chandler, AZ Housing Market: Home Prices & Rent
Chandler home values since 2000
Last few years
Rent in Chandler
Owning vs renting, monthly
Buying the typical Chandler home with 20% down at this week's 7.32% 30-year rate costs about $3,460/month (principal, interest plus ~1.5% a year for tax and insurance) vs $1,893/month typical rent.
Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.
What changed this month
- Chandler, AZ homes are worth 10% less than at the 2022 peak
- Chandler, AZ home values have fallen 7 months in a row
Chandler vs the Phoenix metro, Arizona and the U.S.
| Typical home | 12-month change | Typical rent | |
|---|---|---|---|
| Chandler, AZ | $513k | -1.2% | $1,893/mo |
| Phoenix metro | $441k | -1.1% | $1,720/mo |
| Arizona | $417k | -1.0% | - |
| United States | $366k | +1.2% | $1,932/mo |
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Common questions
Are home prices falling in Chandler, AZ?
Yes - the typical Chandler home value is down 1.2% over the past 12 months, at $513k (September 2026). Values are 10% below their July 2022 peak of $572k.
Is the Chandler housing market crashing?
Home values are 10% below their July 2022 peak and down 1.2% over the past year - a gradual decline, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.
How much is rent in Chandler, AZ?
Typical rent in Chandler is $1,893 a month (September 2026), +1.6% over 12 months.
Is Chandler more expensive than the rest of the Phoenix area?
The typical Chandler home ($513k) is 16% above the Phoenix metro typical of $441k (September 2026).
More of the Phoenix area
Phoenix metro housing market · Mesa · Gilbert · Scottsdale · Tempe
Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index for the city of Chandler, September 2026; days to contract for the metro area). 30-year mortgage rate: Freddie Mac PMMS. How we calculate.