RentDataNowRentDataNow
ZIP Code · AZ

ZIP 85031

Part of Phoenix, AZ
Pop. 31,191·Maricopa County·185th most expensive ZIP in Arizona
Median rent (all units)
$1,025/mo
Year-over-Year
-25.9%
Month-over-Month
-6.1%
vs US Median
-$940
Falling (Monthly)
Be the first to discuss 85031 rents ↓
Most AffordableMost Expensive
ZIP 85031 · $1,025
More affordable than 97% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$752
1 BR
$813
2 BR
$947
3 BR
$1,264
4 BR+
$1,398
Research median
$947/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$12,300/yr
At $1,025/mo median
Location
StateAZ
CountyMaricopa County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 25.9% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-25.9% YoY, -6.1% MoM), not inventory.
Demographics

Who lives here

ZIP 85031 (Phoenix, AZ) is majority owner-occupied, has a large share of families with children, 8.9% of residents hold a bachelor's degree or higher.

Population
31,191
Median income
$70,412
Median age
29.6
Renters
33.9%
Age distribution
27.9%
29.8%
25.3%
Under 1827.9%
18–3429.8%
35–5425.3%
55–647.8%
65+9.3%
Gender
53.7%
46.3%
Male53.7%
Female46.3%
Race & ethnicity
26%
82%
White26%
Black4.3%
Hispanic82%
Asian0.6%
Education (25+)
37.9%
29.4%
23.8%
No HS diploma37.9%
HS diploma29.4%
Some college23.8%
Bachelor's+8.9%
Housing tenure
66.1%
33.9%
Owner66.1%
Renter33.9%

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

2021 vs 2026

How ZIP 85031 in Phoenix, AZ has changed in 5 years

Income
$56,185 → $70,412
up 25.3%
Population
33,410 → 31,191
down 6.6%
Renter share
39.9% → 33.9%
-6.0 pts
Bachelor's+
5.2% → 8.9%
+3.7 pts
Median age
28.8 → 29.6
+0.8 yrs

Household income in the area moved from $56,185 to $70,412 across the same window, up 25.3% versus 2021. Census counts show ZIP 85031 in Phoenix, AZ losing about 2,219 residents over the five-year window, down 6.6% on net. The renter share has eased from 39.9% to 33.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 5.2% to 8.9% across the same window.

Community

Discussions about ZIP 85031

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 85031

About renting in ZIP 85031

Last updated: July 20, 2026

ZIP code 85031 covers Phoenix, AZ. The median rent here is $1,025/mo as of July 2026. A 1-bedroom rents for a median of $813/mo. A 2-bedroom rents for a median of $947/mo.

At 17% of local median household income ($70,412/yr), ZIP 85031 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 25.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 85031?

As of July 20, 2026, the median monthly rent in ZIP 85031 (Phoenix, AZ) is $1,025. This is based on aggregated data from public sources and community submissions.

How does ZIP 85031 rent compare to the US average?

ZIP 85031's median rent of $1,025/mo is $940 (48%) below the US national median of $1,965/mo.

How does ZIP 85031 compare to other ZIPs in Arizona?

ZIP 85031 is among the more affordable ZIP codes in Arizona, ranking #185 out of 185 ZIPs at $1,025/mo.

How much income do you need to rent in ZIP 85031?

To keep rent at or below 30% of gross income, you would need to earn at least $41,000/year (~$20/hour full-time) to afford the median rent of $1,025/mo in ZIP 85031. The local median household income is $70,412/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 85031?

Rent in ZIP 85031 has decreased 25.9% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 85031 an affordable place to rent?

ZIP 85031 is considered very affordable for renters. At $1,025/mo, rent takes approximately 17% of the local median household income ($70,412/yr). The standard benchmark is 30%. ZIP 85031 falls comfortably within that range.

What percentage of ZIP 85031 residents rent vs. own?

According to Census data, approximately 33.9% of ZIP 85031 households are renters, while 66.1% are owner-occupied. ZIP 85031 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 85031 compare to the rest of Phoenix?

ZIP 85031 is more affordable than Phoenix overall. At $1,025/mo, it's $544 below the Phoenix citywide median of $1,569/mo.

When was rent data for ZIP 85031 last updated?

Rent data for ZIP 85031 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
17%
VERY AFFORDABLE

At $1,025/mo, rent takes ~17% of ZIP 85031's median household income ($70,412/yr). The standard benchmark is 30%.

ZIP 85031 17%Benchmark 30%
State income tax2.5%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 85031 (Phoenix, AZ)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.