ZIP Code · AZ

ZIP 85018

Part of Phoenix, AZ

Pop. 37,297·Maricopa County·109th most expensive ZIP in Arizona

Median rent (all units)

$1,648/mo

Year-over-Year

+1.4%

Month-over-Month

-0.5%

vs US Median

-$284

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 85018 · $1,648

More affordable than 62% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,530

1 BR

$1,660

2 BR

$1,930

3 BR

$2,570

4 BR+

$2,850

Research median

$1,930/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 85018 is 0.5% below its high of $1,656 in August 2026, at $1,648 as of September 2026.

Past year vs. the rest of Arizona

Rent in ZIP 85018 changed +1.4% over the year to September 2026. Across the 171 Arizona ZIP codes Zillow tracks, the typical change was +1.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 85018 rose 42.8% while median household income rose 40.2% ($66,952 to $93,885). Rent outpaced income.

Since before the pandemic

Rent in ZIP 85018 is 37.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($93,885) is $2,347 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,930); a 3-bedroom is $2,570.

Rank in Phoenix

26th cheapest of 43 ZIP codes in Phoenix.

Cheaper nearby

ZIP 85008, 3 miles away, rents for 15% less ($1,404/mo), about $2,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 85018. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,776/yr

At $1,648/mo median

Location

CityPhoenix

StateAZ

CountyMaricopa County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+1.4% YoY, -0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 85018 (Phoenix, AZ) is majority owner-occupied, has a median income above the national average, 58.5% of residents hold a bachelor's degree or higher.

Population

37,297

Median income

$93,885

Median age

40.5

Renters

43.6%

Age distribution

18.7%

22.6%

28.5%

13.6%

16.5%

Under 1818.7%

18–3422.6%

35–5428.5%

55–6413.6%

65+16.5%

Gender

49.7%

50.3%

Male49.7%

Female50.3%

Race & ethnicity

69.8%

18.7%

White69.8%

Black3.8%

Hispanic18.7%

Asian3.5%

Other4.3%

Education (25+)

13.9%

21%

58.5%

No HS diploma6.6%

HS diploma13.9%

Some college21%

Bachelor's+58.5%

Housing tenure

56.4%

43.6%

Owner56.4%

Renter43.6%

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

2021 vs 2026

How ZIP 85018 in Phoenix, AZ has changed in 5 years

Rent

$1,300 → $1,648

up 26.8%

Income

$78,640 → $93,885

up 19.4%

Population

37,558 → 37,297

down 0.7%

Renter share

45.7% → 43.6%

-2.1 pts

Bachelor's+

54.9% → 58.5%

+3.6 pts

Median age

38.4 → 40.5

+2.1 yrs

Compared with 2021, rent in ZIP 85018 in Phoenix, AZ has climbed by $348 per month, settling near $1,648 after starting the period at $1,300. Census figures show median household income at $93,885 today, compared with $78,640 five years earlier. Rent outpaced income growth by roughly 7.4 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. About 43.6% of households rent today, against 45.7% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 54.9% to 58.5%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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About renting in ZIP 85018

Last updated: October 17, 2026

ZIP code 85018 covers Phoenix, AZ. The median rent here is $1,648/mo as of October 2026. A 1-bedroom rents for a median of $1,660/mo. A 2-bedroom rents for a median of $1,930/mo.

At 21% of local median household income ($93,885/yr), ZIP 85018 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 85018?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,648/mo in ZIP 85018. The local median household income is $93,885/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 85018?

Rent in ZIP 85018 has risen 1.4% over the past year as of September 2026. It sits 0.5% below its high of $1,656 in August 2026.

Has rent outpaced income in ZIP 85018?

Yes. From 2019 to 2024, rent in ZIP 85018 rose 42.8% while median household income rose 40.2%, from $66,952 to $93,885. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 85018 compare to other ZIPs in Arizona?

ZIP 85018 is in the middle among Arizona ZIP codes for rent, ranking #109 of 183 at $1,648/mo. Over the year to September 2026, rent in ZIP 85018 changed +1.4%, against a typical +1.6% across the 171 Arizona ZIP codes Zillow tracks.