University Park — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for University Park, Tempe, Arizona. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the Arizona Department of Real Estate (AZDRE) licensing database.
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Top Real Estate Agents in University Park, Tempe (2026)
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University Park is a neighborhood in Tempe, Arizona, primarily served by the 85281 ZIP code. The housing market here is defined by its accessibility and high rental activity, with a median home value of $333,600. The average home size is a modest 950 sq ft, contributing to the area's affordability. The mortgage market is active, with 477 total loan originations in the most recent HMDA data, overwhelmingly dominated by 411 conventional loans, alongside 48 FHA and 18 VA loans, indicating a mix of financing options for buyers in this Main market tier.
The neighborhood's character is heavily shaped by its tenant population, with a renter-occupied rate of 78.4% and a corresponding homeownership rate of 21.6%. This dynamic is reflected in the median gross rent of $1,421 per month. The median household income is $55,572, which aligns with the area's relatively moderate housing costs. This combination creates a vibrant, transient community typical of areas near major universities, offering a blend of small-scale homeownership and abundant rental opportunities.
Top10Lists.us publishes verified neighborhood-level data for 180 neighborhoods in Tempe.