ZIP 85022
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12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 85022 usually run 1% below trend in December and 0.9% above it in June, about $27 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 85022 is 4.1% below its high of $1,482 in May 2022, at $1,421 as of September 2026.
Rent in ZIP 85022 changed +1.2% 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 85022 rose 39.5% while median household income rose 22.4% ($57,118 to $69,927). Rent outpaced income.
Rent in ZIP 85022 is 31.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 6 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($69,927) is $1,748 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,700); a 2-bedroom is $1,980.
15th cheapest of 43 ZIP codes in Phoenix.
ZIP 85023, 3 miles away, rents for 16% less ($1,193/mo), about $2,700 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 85022. 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 85022 (Phoenix, AZ) is roughly split between renters and owners, 38.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 85022 in Phoenix, AZ has changed in 5 years
Rent in ZIP 85022 in Phoenix, AZ has increased 18.2% since 2021, going from about $1,202 per month to roughly $1,421 today. On the earnings side, the typical household in ZIP 85022 in Phoenix, AZ now reports about $69,927, up from $60,134 in 2021. Headcount in the area went from 50,320 to 53,811 between 2021 and 2024, a 6.9% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 33.4% to 38.7%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 85022 in Phoenix, AZ reflects that arc in its own way.
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Tips for renters in ZIP 85022
Last updated: October 17, 2026
ZIP code 85022 covers Phoenix, AZ. The median rent here is $1,421/mo as of October 2026. A 1-bedroom rents for a median of $1,127/mo. A 2-bedroom rents for a median of $1,313/mo.
At 24% of local median household income ($69,927/yr), ZIP 85022 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.2% over the past year.
Frequently asked questions
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How does ZIP 85022 compare to other ZIPs in Arizona?
How does ZIP 85022 compare to the rest of Phoenix?
At $1,421/mo, rent takes ~24% of ZIP 85022's median household income ($69,927/yr). The standard benchmark is 30%.
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