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ZIP Code · AZ

ZIP 85029

Part of Phoenix, AZ
Pop. 49,683·Maricopa County·172nd most expensive ZIP in Arizona
Median rent (all units)
$1,236/mo
Year-over-Year
-1.7%
Month-over-Month
+1.1%
vs US Median
-$694
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 85029 · $1,236
More affordable than 90% of US ZIP codes · National median $1,930/mo
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Medians by bedroom

Rent by unit size

Studio
$902
1 BR
$982
2 BR
$1,142
3 BR
$1,523
4 BR+
$1,690
Research median
$1,142/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: May 18, 2026

Annual cost
$14,832/yr
At $1,236/mo median
Location
StateAZ
CountyMaricopa County
Demographics

Who lives here

ZIP 85029 (Phoenix, AZ) is roughly split between renters and owners, has a median income below the national average, 24.2% of residents hold a bachelor's degree or higher.

Population
49,683
Median income
$64,556
Median age
35.5
Renters
45.5%
Age distribution
22.3%
27.1%
26.3%
13.2%
Under 1822.3%
18–3427.1%
35–5426.3%
55–6411%
65+13.2%
Gender
47.1%
52.9%
Male47.1%
Female52.9%
Race & ethnicity
51.2%
37.9%
White51.2%
Black7.5%
Hispanic37.9%
Asian2.6%
Other0.8%
Education (25+)
16.6%
24%
35.2%
24.2%
No HS diploma16.6%
HS diploma24%
Some college35.2%
Bachelor's+24.2%
Housing tenure
54.5%
45.5%
Owner54.5%
Renter45.5%

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

2021 vs 2026

How ZIP 85029 in Phoenix, AZ has changed in 5 years

Rent
$1,020 → $1,236
up 21.2%
Income
$53,565 → $64,556
up 20.5%
Population
47,886 → 49,683
up 3.8%
Renter share
44.7% → 45.5%
+0.8 pts
Bachelor's+
23.3% → 24.2%
+0.9 pts
Median age
36.1 → 35.5
-0.6 yrs

Five years ago, renters in ZIP 85029 in Phoenix, AZ paid around $1,020 a month. That figure now sits near $1,236, up 21.2% from the 2021 baseline. Census figures show median household income at $64,556 today, compared with $53,565 five years earlier. Census counts show ZIP 85029 in Phoenix, AZ adding about 1,797 residents over the five-year window, up 3.8% on net. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 85029

Last updated: May 18, 2026

ZIP code 85029 covers Phoenix, AZ. The median rent here is $1,236/mo as of May 2026. A 1-bedroom rents for a median of $982/mo. A 2-bedroom rents for a median of $1,142/mo.

At 23% of local median household income ($64,556/yr), ZIP 85029 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 85029?

As of May 18, 2026, the median monthly rent in ZIP 85029 (Phoenix, AZ) is $1,236. This is based on aggregated data from public sources and community submissions.

How does ZIP 85029 rent compare to the US average?

ZIP 85029's median rent of $1,236/mo is $694 (36%) below the US national median of $1,930/mo.

How does ZIP 85029 compare to other ZIPs in Arizona?

ZIP 85029 is among the more affordable ZIP codes in Arizona, ranking #172 out of 183 ZIPs at $1,236/mo.

How much income do you need to rent in ZIP 85029?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (~$24/hour full-time) to afford the median rent of $1,236/mo in ZIP 85029. The local median household income is $64,556/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 85029?

Rent in ZIP 85029 has decreased 1.7% over the past year as of May 18, 2026, offering some relief compared to 12 months ago.

Is ZIP 85029 an affordable place to rent?

ZIP 85029 is considered very affordable for renters. At $1,236/mo, rent takes approximately 23% of the local median household income ($64,556/yr). The standard benchmark is 30%. ZIP 85029 falls comfortably within that range.

What percentage of ZIP 85029 residents rent vs. own?

According to Census data, approximately 45.5% of ZIP 85029 households are renters, while 54.5% are owner-occupied. ZIP 85029 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 85029 compare to the rest of Phoenix?

ZIP 85029 is more affordable than Phoenix overall. At $1,236/mo, it's $335 below the Phoenix citywide median of $1,571/mo.

When was rent data for ZIP 85029 last updated?

Rent data for ZIP 85029 reflects May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Affordability
23%
VERY AFFORDABLE

At $1,236/mo, rent takes ~23% of ZIP 85029's median household income ($64,556/yr). The standard benchmark is 30%.

ZIP 85029 23%Benchmark 30%
State income tax2.5%
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Schools nearby

Public schools near ZIP 85029 (Phoenix, AZ)

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