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ZIP Code · AZ

ZIP 85050

Part of Phoenix, AZ
Pop. 33,118·Maricopa County·12th most expensive ZIP in Arizona
Median rent (all units)
$2,574/mo
Year-over-Year
+4.4%
Month-over-Month
+0.3%
vs US Median
+$609
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 85050 · $2,574
More expensive than 81% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,060
1 BR
$2,240
2 BR
$2,600
3 BR
$3,470
4 BR+
$3,850
Research median
$2,600/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
$30,888/yr
At $2,574/mo median
Location
StateAZ
CountyMaricopa County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.4% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 85050 (Phoenix, AZ) is majority owner-occupied, has a median income above the national average, 58.4% of residents hold a bachelor's degree or higher.

Population
33,118
Median income
$139,836
Median age
41.1
Renters
20.9%
Age distribution
24.9%
16.8%
30.2%
13.4%
14.7%
Under 1824.9%
18–3416.8%
35–5430.2%
55–6413.4%
65+14.7%
Gender
51.8%
48.2%
Male51.8%
Female48.2%
Race & ethnicity
73.5%
White73.5%
Black2.2%
Hispanic10%
Asian9%
Other5.3%
Education (25+)
15.1%
23.6%
58.4%
No HS diploma2.8%
HS diploma15.1%
Some college23.6%
Bachelor's+58.4%
Housing tenure
79.1%
20.9%
Owner79.1%
Renter20.9%

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

2021 vs 2026

How ZIP 85050 in Phoenix, AZ has changed in 5 years

Rent
$1,927 → $2,574
up 33.6%
Income
$113,020 → $139,836
up 23.7%
Population
31,248 → 33,118
up 6.0%
Renter share
24.1% → 20.9%
-3.2 pts
Bachelor's+
55.6% → 58.4%
+2.8 pts
Median age
40.4 → 41.1
+0.7 yrs

Since 2021, the typical rent in ZIP 85050 in Phoenix, AZ has increased from $1,927 to $2,574, a 33.6% change over five years. Local incomes tracked alongside that move, going from a median of $113,020 in 2021 to $139,836 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 6.0% since 2021, moving from about 31,248 residents to roughly 33,118. Renters now make up 20.9% of households, compared with 24.1% five years ago. College-educated residents now make up 58.4% of adults here, versus 55.6% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 85050 in Phoenix, AZ market of 2021.

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Local insights

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About renting in ZIP 85050

Last updated: July 20, 2026

ZIP code 85050 covers Phoenix, AZ. The median rent here is $2,574/mo as of July 2026. A 1-bedroom rents for a median of $2,240/mo. A 2-bedroom rents for a median of $2,600/mo.

At 22% of local median household income ($139,836/yr), ZIP 85050 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 85050?

As of July 20, 2026, the median monthly rent in ZIP 85050 (Phoenix, AZ) is $2,574. This is based on aggregated data from public sources and community submissions.

How does ZIP 85050 rent compare to the US average?

ZIP 85050's median rent of $2,574/mo is $609 (31%) above the US national median of $1,965/mo.

How does ZIP 85050 compare to other ZIPs in Arizona?

ZIP 85050 is one of the pricier ZIP codes in Arizona, ranking #12 out of 185 ZIPs tracked at $2,574/mo.

How much income do you need to rent in ZIP 85050?

To keep rent at or below 30% of gross income, you would need to earn at least $103,000/year (~$50/hour full-time) to afford the median rent of $2,574/mo in ZIP 85050. The local median household income is $139,836/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 85050?

Rent in ZIP 85050 has increased 4.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 85050 an affordable place to rent?

ZIP 85050 is considered very affordable for renters. At $2,574/mo, rent takes approximately 22% of the local median household income ($139,836/yr). The standard benchmark is 30%. ZIP 85050 falls comfortably within that range.

What percentage of ZIP 85050 residents rent vs. own?

According to Census data, approximately 20.9% of ZIP 85050 households are renters, while 79.1% are owner-occupied. ZIP 85050 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 85050 compare to the rest of Phoenix?

ZIP 85050 is pricier than Phoenix as a whole. At $2,574/mo, it's $1,005 above the Phoenix citywide median of $1,569/mo.

When was rent data for ZIP 85050 last updated?

Rent data for ZIP 85050 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $2,574/mo, rent takes ~22% of ZIP 85050's median household income ($139,836/yr). The standard benchmark is 30%.

ZIP 85050 22%Benchmark 30%
State income tax2.5%
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Schools nearby

Public schools near ZIP 85050 (Phoenix, AZ)

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