ZIP Code · AZ

ZIP 85032

Part of Phoenix, AZ
Pop. 70,839·Maricopa County·116th most expensive ZIP in Arizona
Median rent (all units)
$1,639/mo
Year-over-Year
-3.6%
Month-over-Month
+0.4%
vs US Median
-$326
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 85032 · $1,639
More affordable than 63% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,390
1 BR
$1,510
2 BR
$1,750
3 BR
$2,330
4 BR+
$2,590
Research median
$1,750/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
$19,668/yr
At $1,639/mo median
Location
StateAZ
CountyMaricopa County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 3.6% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-3.6% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 85032 (Phoenix, AZ) is majority owner-occupied, 35.1% of residents hold a bachelor's degree or higher.

Population
70,839
Median income
$78,643
Median age
38
Renters
42.2%
Age distribution
18.9%
26.4%
26.4%
12.5%
15.8%
Under 1818.9%
18–3426.4%
35–5426.4%
55–6412.5%
65+15.8%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
59.1%
31.8%
White59.1%
Black3.4%
Hispanic31.8%
Asian4.3%
Other1.3%
Education (25+)
22.2%
31.4%
35.1%
No HS diploma11.3%
HS diploma22.2%
Some college31.4%
Bachelor's+35.1%
Housing tenure
57.8%
42.2%
Owner57.8%
Renter42.2%

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

2021 vs 2026

How ZIP 85032 in Phoenix, AZ has changed in 5 years

Rent
$1,314 → $1,639
up 24.7%
Income
$62,805 → $78,643
up 25.2%
Population
69,352 → 70,839
up 2.1%
Renter share
43% → 42.2%
-0.8 pts
Bachelor's+
32.4% → 35.1%
+2.7 pts
Median age
37.5 → 38
+0.5 yrs

Five years ago, renters in ZIP 85032 in Phoenix, AZ paid around $1,314 a month. That figure now sits near $1,639, up 24.7% from the 2021 baseline. Census figures show median household income at $78,643 today, compared with $62,805 five years earlier. Census counts show ZIP 85032 in Phoenix, AZ adding about 1,487 residents over the five-year window, up 2.1% on net. Bachelor's-degree-or-higher attainment moved from 32.4% to 35.1% across the same window. 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 85032

Last updated: July 20, 2026

ZIP code 85032 covers Phoenix, AZ. The median rent here is $1,639/mo as of July 2026. A 1-bedroom rents for a median of $1,510/mo. A 2-bedroom rents for a median of $1,750/mo.

At 25% of local median household income ($78,643/yr), ZIP 85032 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 85032?

As of July 20, 2026, the median monthly rent in ZIP 85032 (Phoenix, AZ) is $1,639. This is based on aggregated data from public sources and community submissions.

How does ZIP 85032 rent compare to the US average?

ZIP 85032's median rent of $1,639/mo is $326 (17%) below the US national median of $1,965/mo.

How does ZIP 85032 compare to other ZIPs in Arizona?

ZIP 85032 falls in the middle range for Arizona, ranking #116 out of 185 ZIPs at $1,639/mo.

How much income do you need to rent in ZIP 85032?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,639/mo in ZIP 85032. The local median household income is $78,643/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 85032?

Rent in ZIP 85032 has decreased 3.6% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 85032 an affordable place to rent?

ZIP 85032 is considered affordable for renters. At $1,639/mo, rent takes approximately 25% of the local median household income ($78,643/yr). The standard benchmark is 30%. ZIP 85032 falls comfortably within that range.

What percentage of ZIP 85032 residents rent vs. own?

According to Census data, approximately 42.2% of ZIP 85032 households are renters, while 57.8% are owner-occupied. ZIP 85032 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 85032 compare to the rest of Phoenix?

ZIP 85032 is pricier than Phoenix as a whole. At $1,639/mo, it's $70 above the Phoenix citywide median of $1,569/mo.

When was rent data for ZIP 85032 last updated?

Rent data for ZIP 85032 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,639/mo, rent takes ~25% of ZIP 85032's median household income ($78,643/yr). The standard benchmark is 30%.

ZIP 85032 25%Benchmark 30%
State income tax2.5%
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Schools nearby

Public schools near ZIP 85032 (Phoenix, AZ)

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