ZIP 85020
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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 85020 usually run 0.6% below trend in January and 1% above it in July, about $24 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 85020 is 4.5% below its high of $1,542 in November 2024, at $1,472 as of September 2026.
Rent in ZIP 85020 changed -1.1% 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 85020 rose 48.8% while median household income rose 44.7% ($57,866 to $83,735). Rent outpaced income.
Rent in ZIP 85020 is 35% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 4 of the last 12 months.
30% of the median household income ($83,735) is $2,093 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,750); a 3-bedroom is $2,330.
18th cheapest of 43 ZIP codes in Phoenix.
ZIP 85021, 2 miles away, rents for 19% less ($1,197/mo), about $3,300 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 85020. 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 85020 (Phoenix, AZ) is roughly split between renters and owners, has a large retiree population, 43.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 85020 in Phoenix, AZ has changed in 5 years
Rent in ZIP 85020 in Phoenix, AZ has climbed 20.7% since 2021, going from about $1,220 per month to roughly $1,472 today. Local incomes tracked alongside that move, going from a median of $67,361 in 2021 to $83,735 more recently. Income growth outran rent by about 3.6 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 33,582 to 34,916 between 2021 and 2024, a 4.0% change. About 45.4% of households rent today, against 47.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 40.3% to 43.4%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 85020 in Phoenix, AZ market of 2021.
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Tips for renters in ZIP 85020
Last updated: October 17, 2026
ZIP code 85020 covers Phoenix, AZ. The median rent here is $1,472/mo as of October 2026. A 1-bedroom rents for a median of $1,510/mo. A 2-bedroom rents for a median of $1,750/mo.
At 21% of local median household income ($83,735/yr), ZIP 85020 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.1% over the past year.
Frequently asked questions
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How does ZIP 85020 compare to other ZIPs in Arizona?
How does ZIP 85020 compare to the rest of Phoenix?
At $1,472/mo, rent takes ~21% of ZIP 85020's median household income ($83,735/yr). The standard benchmark is 30%.
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