ZIP 85014
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12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in ZIP 85014 usually run 0.9% below trend in February and 1.2% above it in July, about $31 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 85014 is 5.5% below its high of $1,546 in December 2022, at $1,461 as of September 2026.
Rent in ZIP 85014 changed -0.5% over the year to September 2026. Across the 171 Arizona ZIP codes Zillow tracks, the typical change was +1.6%.
From 2019 to 2024, rent in ZIP 85014 rose 38.6% while median household income rose 24.6% ($53,551 to $66,731). Rent outpaced income.
Rent in ZIP 85014 is 30.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 2 months in a row, and rose in 5 of the last 12 months.
30% of the median household income ($66,731) is $1,668 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,570); a 2-bedroom is $1,820.
17th cheapest of 43 ZIP codes in Phoenix.
ZIP 85015, 3 miles away, rents for 16% less ($1,220/mo), about $2,900 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 85014. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 85014 (Phoenix, AZ) is majority renter-occupied, skews toward younger working-age adults, 45.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 85014 in Phoenix, AZ has changed in 5 years
Since 2021, the typical rent in ZIP 85014 in Phoenix, AZ has increased from $1,233 to $1,461, a 18.5% change over five years. On the earnings side, the typical household in ZIP 85014 in Phoenix, AZ now reports about $66,731, up from $59,168 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Renters now make up 60.1% of households, compared with 62.7% five years ago. College-educated residents now make up 45.9% of adults here, versus 40.3% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 85014 in Phoenix, AZ reflects that arc in its own way.
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Tips for renters in ZIP 85014
Last updated: October 17, 2026
ZIP code 85014 covers Phoenix, AZ. The median rent here is $1,461/mo as of October 2026. A 1-bedroom rents for a median of $1,570/mo. A 2-bedroom rents for a median of $1,820/mo.
At 26% of local median household income ($66,731/yr), ZIP 85014 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.5% over the past year.
Frequently asked questions
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How does ZIP 85014 compare to the rest of Phoenix?
At $1,461/mo, rent takes ~26% of ZIP 85014's median household income ($66,731/yr). The standard benchmark is 30%.
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