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ZIP Code · AZ

ZIP 85018

Part of Phoenix, AZ
Pop. 37,297·Maricopa County·122nd most expensive ZIP in Arizona
Median rent (all units)
$1,616/mo
Year-over-Year
-1.9%
Month-over-Month
-6.8%
vs US Median
-$349
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 85018 · $1,616
More affordable than 65% of US ZIP codes · National median $1,965/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: July 20, 2026

Annual cost
$19,392/yr
At $1,616/mo median
Location
StateAZ
CountyMaricopa County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.9% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-1.9% YoY, -6.8% 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
$1,310 → $1,616
up 23.4%
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 $306 per month, settling near $1,616 after starting the period at $1,310. Census figures show median household income at $93,885 today, compared with $78,640 five years earlier. Rent outpaced income growth by roughly 4.0 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.

Community

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Local insights

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About renting in ZIP 85018

Last updated: July 20, 2026

ZIP code 85018 covers Phoenix, AZ. The median rent here is $1,616/mo as of July 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 decreased 1.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 85018?

As of July 20, 2026, the median monthly rent in ZIP 85018 (Phoenix, AZ) is $1,616. This is based on aggregated data from public sources and community submissions.

How does ZIP 85018 rent compare to the US average?

ZIP 85018's median rent of $1,616/mo is $349 (18%) below the US national median of $1,965/mo.

How does ZIP 85018 compare to other ZIPs in Arizona?

ZIP 85018 falls in the middle range for Arizona, ranking #122 out of 185 ZIPs at $1,616/mo.

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 $65,000/year (~$31/hour full-time) to afford the median rent of $1,616/mo in ZIP 85018. The local median household income is $93,885/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 85018?

Rent in ZIP 85018 has decreased 1.9% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 85018 an affordable place to rent?

ZIP 85018 is considered very affordable for renters. At $1,616/mo, rent takes approximately 21% of the local median household income ($93,885/yr). The standard benchmark is 30%. ZIP 85018 falls comfortably within that range.

What percentage of ZIP 85018 residents rent vs. own?

According to Census data, approximately 43.6% of ZIP 85018 households are renters, while 56.4% are owner-occupied. ZIP 85018 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 85018 compare to the rest of Phoenix?

ZIP 85018 is pricier than Phoenix as a whole. At $1,616/mo, it's $47 above the Phoenix citywide median of $1,569/mo.

When was rent data for ZIP 85018 last updated?

Rent data for ZIP 85018 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $1,616/mo, rent takes ~21% of ZIP 85018's median household income ($93,885/yr). The standard benchmark is 30%.

ZIP 85018 21%Benchmark 30%
State income tax2.5%
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Schools nearby

Public schools near ZIP 85018 (Phoenix, AZ)

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