ZIP Code · AZ

ZIP 85033

Part of Phoenix, AZ

Pop. 57,591·Maricopa County·159th most expensive ZIP in Arizona

Median rent (all units)

$1,316/mo

Year-over-Year

+3.0%

Month-over-Month

-0.2%

vs US Median

-$616

Reported rents

Stable (Monthly)

Be the first to discuss 85033 rents ↓

Most AffordableMost Expensive

ZIP 85033 · $1,316

More affordable than 85% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,240

1 BR

$1,340

2 BR

$1,560

3 BR

$2,080

4 BR+

$2,350

Research median

$1,560/mo

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

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 85033 is 2.9% below its high of $1,356 in October 2024, at $1,316 as of September 2026.

Past year vs. the rest of Arizona

Rent in ZIP 85033 changed +3.0% over the year to September 2026. Across the 171 Arizona ZIP codes Zillow tracks, the typical change was +1.6%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($64,144) is $1,604 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,560); a 3-bedroom is $2,080.

Rank in Phoenix

10th cheapest of 43 ZIP codes in Phoenix.

Cheaper nearby

ZIP 85031, 2 miles away, rents for 16% less ($1,107/mo), about $2,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 85033. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,792/yr

At $1,316/mo median

Location

CityPhoenix

StateAZ

CountyMaricopa County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.0% YoY, -0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 85033 (Phoenix, AZ) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 7.8% of residents hold a bachelor's degree or higher.

Population

57,591

Median income

$64,144

Median age

Renters

42.5%

Age distribution

30.9%

29%

25.1%

Under 1830.9%

18–3429%

35–5425.1%

55–648.4%

65+6.6%

Gender

50.8%

49.2%

Male50.8%

Female49.2%

Race & ethnicity

23.1%

82.4%

White23.1%

Black4.8%

Hispanic82.4%

Asian1.1%

Education (25+)

35%

34.5%

22.8%

No HS diploma35%

HS diploma34.5%

Some college22.8%

Bachelor's+7.8%

Housing tenure

57.5%

42.5%

Owner57.5%

Renter42.5%

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

2023 vs 2026

How ZIP 85033 in Phoenix, AZ has changed in 5 years

Rent

$1,316 → $1,316

up 0.0%

Income

$51,028 → $64,144

up 25.7%

Population

60,114 → 57,591

down 4.2%

Renter share

47.3% → 42.5%

-4.8 pts

Bachelor's+

5.2% → 7.8%

+2.6 pts

Median age

27.6 → 29

+1.4 yrs

Across the past five years, the going rent in ZIP 85033 in Phoenix, AZ has shifted from $1,316 to $1,316, up 0.0% since 2023. On the earnings side, the typical household in ZIP 85033 in Phoenix, AZ now reports about $64,144, up from $51,028 in 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 85033 in Phoenix, AZ losing about 2,523 residents over the five-year window, down 4.2% on net. The renter share has eased from 47.3% to 42.5%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 5.2% to 7.8% across the same window. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 85033 in Phoenix, AZ reflects that arc in its own way.

Community

Discussions about ZIP 85033

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 85033

About renting in ZIP 85033

Last updated: October 17, 2026

ZIP code 85033 covers Phoenix, AZ. The median rent here is $1,316/mo as of October 2026. A 1-bedroom rents for a median of $1,340/mo. A 2-bedroom rents for a median of $1,560/mo.

At 25% of local median household income ($64,144/yr), ZIP 85033 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 85033?

To keep rent at or below 30% of gross income, you would need to earn at least $53,000/year (about $25/hour full-time) to afford the median rent of $1,316/mo in ZIP 85033. The local median household income is $64,144/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 85033?

Rent in ZIP 85033 has risen 3.0% over the past year as of September 2026. It sits 2.9% below its high of $1,356 in October 2024.

How does ZIP 85033 compare to other ZIPs in Arizona?

ZIP 85033 is one of the more affordable among Arizona ZIP codes for rent, ranking #159 of 183 at $1,316/mo. Over the year to September 2026, rent in ZIP 85033 changed +3.0%, against a typical +1.6% across the 171 Arizona ZIP codes Zillow tracks.