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ZIP Code · AZ

ZIP 85012

Part of Phoenix, AZ
Pop. 8,704·Maricopa County·125th most expensive ZIP in Arizona
Median rent (all units)
$1,580/mo
Year-over-Year
+0.6%
Month-over-Month
+0.3%
vs US Median
-$350
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 85012 · $1,580
More affordable than 67% of US ZIP codes · National median $1,930/mo
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Medians by bedroom

Rent by unit size

Studio
$1,155
1 BR
$1,256
2 BR
$1,460
3 BR
$1,946
4 BR+
$2,157
Research median
$1,460/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: May 18, 2026

Annual cost
$18,960/yr
At $1,580/mo median
Location
StateAZ
CountyMaricopa County
Demographics

Who lives here

ZIP 85012 (Phoenix, AZ) is majority renter-occupied, skews toward younger working-age adults, 61.3% of residents hold a bachelor's degree or higher.

Population
8,704
Median income
$86,620
Median age
37.8
Renters
60.5%
Age distribution
31.1%
30.6%
19.2%
Under 1810.6%
18–3431.1%
35–5430.6%
55–648.5%
65+19.2%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
70.1%
15.6%
White70.1%
Black5.7%
Hispanic15.6%
Asian4.9%
Other3.7%
Education (25+)
12.5%
20.6%
61.3%
No HS diploma5.6%
HS diploma12.5%
Some college20.6%
Bachelor's+61.3%
Housing tenure
39.5%
60.5%
Owner39.5%
Renter60.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 85012 in Phoenix, AZ has changed in 5 years

Rent
$1,387 → $1,580
up 13.9%
Income
$72,708 → $86,620
up 19.1%
Population
7,861 → 8,704
up 10.7%
Renter share
56.5% → 60.5%
+4.0 pts
Bachelor's+
60.8% → 61.3%
+0.5 pts
Median age
39.4 → 37.8
-1.6 yrs

Since 2021, the typical rent in ZIP 85012 in Phoenix, AZ has climbed from $1,387 to $1,580, a 13.9% change over five years. Household income in the area moved from $72,708 to $86,620 across the same window, up 19.1% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 10.7% since 2021, moving from about 7,861 residents to roughly 8,704. Renters now make up 60.5% of households, compared with 56.5% five years ago. Reading these numbers side by side helps frame whether current listings in ZIP 85012 in Phoenix, AZ look reasonable against where the market sat half a decade ago.

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About renting in ZIP 85012

Last updated: May 18, 2026

ZIP code 85012 covers Phoenix, AZ. The median rent here is $1,580/mo as of May 2026. A 1-bedroom rents for a median of $1,256/mo. A 2-bedroom rents for a median of $1,460/mo.

At 22% of local median household income ($86,620/yr), ZIP 85012 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 85012?

As of May 18, 2026, the median monthly rent in ZIP 85012 (Phoenix, AZ) is $1,580. This is based on aggregated data from public sources and community submissions.

How does ZIP 85012 rent compare to the US average?

ZIP 85012's median rent of $1,580/mo is $350 (18%) below the US national median of $1,930/mo.

How does ZIP 85012 compare to other ZIPs in Arizona?

ZIP 85012 is among the more affordable ZIP codes in Arizona, ranking #125 out of 183 ZIPs at $1,580/mo.

How much income do you need to rent in ZIP 85012?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (~$30/hour full-time) to afford the median rent of $1,580/mo in ZIP 85012. The local median household income is $86,620/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 85012?

Rent in ZIP 85012 has increased 0.6% over the past year as of May 18, 2026, putting upward pressure on renter budgets.

Is ZIP 85012 an affordable place to rent?

ZIP 85012 is considered very affordable for renters. At $1,580/mo, rent takes approximately 22% of the local median household income ($86,620/yr). The standard benchmark is 30%. ZIP 85012 falls comfortably within that range.

What percentage of ZIP 85012 residents rent vs. own?

According to Census data, approximately 60.5% of ZIP 85012 households are renters, while 39.5% are owner-occupied. With a majority renter population, ZIP 85012 has a strong rental market.

How does ZIP 85012 compare to the rest of Phoenix?

ZIP 85012 is pricier than Phoenix as a whole. At $1,580/mo, it's $9 above the Phoenix citywide median of $1,571/mo.

When was rent data for ZIP 85012 last updated?

Rent data for ZIP 85012 reflects May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Affordability
22%
VERY AFFORDABLE

At $1,580/mo, rent takes ~22% of ZIP 85012's median household income ($86,620/yr). The standard benchmark is 30%.

ZIP 85012 22%Benchmark 30%
State income tax2.5%
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Public schools near ZIP 85012 (Phoenix, AZ)

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