ZIP Code · AZ

ZIP 85085

Part of Phoenix, AZ
Pop. 31,458·Maricopa County·75th most expensive ZIP in Arizona
Median rent (all units)
$1,835/mo
Year-over-Year
+0.8%
Month-over-Month
+0.6%
vs US Median
-$97
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 85085 · $1,835
More expensive than 51% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,700
1 BR
$1,840
2 BR
$2,140
3 BR
$2,850
4 BR+
$3,170
Research median
$2,140/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 85085 usually run 0.9% below trend in January and 0.7% above it in May, about $29 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 85085 is 8.8% below its high of $2,013 in December 2022, at $1,835 as of September 2026.

Past year vs. the rest of Arizona

Rent in ZIP 85085 changed +0.8% over the year to September 2026. Across the 171 Arizona ZIP codes Zillow tracks, the typical change was +1.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 85085 rose 40.4% while median household income rose 34.4% ($96,003 to $128,984). Rent outpaced income.

Since before the pandemic

Rent in ZIP 85085 is 27.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($128,984) is $3,225 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,170).

Rank in Phoenix

33rd cheapest of 43 ZIP codes in Phoenix.

Cheaper nearby

ZIP 85027, 5 miles away, rents for 19% less ($1,494/mo), about $4,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 85085. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,020/yr
At $1,835/mo median
Location
StateAZ
CountyMaricopa County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.8% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 85085 (Phoenix, AZ) is majority owner-occupied, has a median income above the national average, 53.7% of residents hold a bachelor's degree or higher.

Population
31,458
Median income
$128,984
Median age
36.9
Renters
40%
Age distribution
23.9%
22.9%
32%
Under 1823.9%
18–3422.9%
35–5432%
55–649.5%
65+11.7%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
69.9%
15.3%
White69.9%
Black2.8%
Hispanic9.8%
Asian15.3%
Other2.1%
Education (25+)
14.7%
29%
53.7%
No HS diploma2.6%
HS diploma14.7%
Some college29%
Bachelor's+53.7%
Housing tenure
60%
40%
Owner60%
Renter40%

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

2021 vs 2026

How ZIP 85085 in Phoenix, AZ has changed in 5 years

Rent
$1,600 → $1,835
up 14.7%
Income
$105,966 → $128,984
up 21.7%
Population
26,505 → 31,458
up 18.7%
Renter share
39.1% → 40%
+0.9 pts
Bachelor's+
51.6% → 53.7%
+2.1 pts

Compared with 2021, rent in ZIP 85085 in Phoenix, AZ has increased by $235 per month, settling near $1,835 after starting the period at $1,600. On the earnings side, the typical household in ZIP 85085 in Phoenix, AZ now reports about $128,984, up from $105,966 in 2021. Income growth outran rent by about 7.0 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 26,505 to 31,458 between 2021 and 2024, a 18.7% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 51.6% to 53.7%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 85085 in Phoenix, AZ reflects that arc in its own way.

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Local insights

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About renting in ZIP 85085

Last updated: October 17, 2026

ZIP code 85085 covers Phoenix, AZ. The median rent here is $1,835/mo as of October 2026. A 1-bedroom rents for a median of $1,840/mo. A 2-bedroom rents for a median of $2,140/mo.

At 17% of local median household income ($128,984/yr), ZIP 85085 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 85085?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (about $35/hour full-time) to afford the median rent of $1,835/mo in ZIP 85085. The local median household income is $128,984/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 85085?

Rent in ZIP 85085 has risen 0.8% over the past year as of September 2026. It sits 8.8% below its high of $2,013 in December 2022.

When is the cheapest time to rent in ZIP 85085?

Asking rents in ZIP 85085 are usually lowest in January, about 0.9% below their yearly trend, and highest in May, about 0.7% above it. At today's median that is a gap of roughly $29 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 85085?

Yes. From 2019 to 2024, rent in ZIP 85085 rose 40.4% while median household income rose 34.4%, from $96,003 to $128,984. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 85085 compare to other ZIPs in Arizona?

ZIP 85085 is in the middle among Arizona ZIP codes for rent, ranking #75 of 183 at $1,835/mo. Over the year to September 2026, rent in ZIP 85085 changed +0.8%, against a typical +1.6% across the 171 Arizona ZIP codes Zillow tracks.

How does ZIP 85085 compare to the rest of Phoenix?

At $1,835/mo, ZIP 85085 is $264 above the Phoenix citywide median of $1,571/mo. It is the 33rd cheapest of 43 ZIP codes in Phoenix.
Income Affordability
17%
VERY AFFORDABLE

At $1,835/mo, rent takes ~17% of ZIP 85085's median household income ($128,984/yr). The standard benchmark is 30%.

ZIP 85085 17%Benchmark 30%
State income tax2.5%
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