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ZIP Code · AZ

ZIP 85123

Pop. 10,003·Pinal County·137th most expensive ZIP in Arizona
Median rent (all units)
$1,493/mo
Year-over-Year
+3.5%
Month-over-Month
+5.1%
vs US Median
-$472
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 85123 · $1,493
More affordable than 74% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,190
1 BR
$1,300
2 BR
$1,530
3 BR
$2,070
4 BR+
$2,350
Research median
$1,530/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
$17,916/yr
At $1,493/mo median
Location
StateAZ
CountyPinal County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.5% YoY, +5.1% MoM), not inventory.
Demographics

Who lives here

ZIP 85123 (Arizona City, AZ) is majority owner-occupied, has a large retiree population, 11.6% of residents hold a bachelor's degree or higher.

Population
10,003
Median income
$69,137
Median age
45.9
Renters
21.7%
Age distribution
19.6%
20.6%
19.5%
14.6%
25.6%
Under 1819.6%
18–3420.6%
35–5419.5%
55–6414.6%
65+25.6%
Gender
51.1%
48.9%
Male51.1%
Female48.9%
Race & ethnicity
60.1%
37.8%
White60.1%
Black5.5%
Hispanic37.8%
Education (25+)
19.2%
31%
38.3%
No HS diploma19.2%
HS diploma31%
Some college38.3%
Bachelor's+11.6%
Housing tenure
78.3%
21.7%
Owner78.3%
Renter21.7%

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

2021 vs 2026

How ZIP 85123 in Arizona City, AZ has changed in 5 years

Income
$48,044 → $69,137
up 43.9%
Population
9,017 → 10,003
up 10.9%
Renter share
28.7% → 21.7%
-7.0 pts
Bachelor's+
11.6% → 11.6%
+0.0 pts
Median age
38.9 → 45.9
+7.0 yrs

Household income in the area moved from $48,044 to $69,137 across the same window, up 43.9% versus 2021. Census counts show ZIP 85123 in Arizona City, AZ adding about 986 residents over the five-year window, up 10.9% on net. The renter share has eased from 28.7% to 21.7%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

Tips for renters in ZIP 85123

About renting in ZIP 85123

Last updated: July 20, 2026

ZIP code 85123 covers Arizona City, AZ. The median rent here is $1,493/mo as of July 2026. A 1-bedroom rents for a median of $1,300/mo. A 2-bedroom rents for a median of $1,530/mo.

At 26% of local median household income ($69,137/yr), ZIP 85123 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 85123?

As of July 20, 2026, the median monthly rent in ZIP 85123 (Arizona City, AZ) is $1,493. This is based on aggregated data from public sources and community submissions.

How does ZIP 85123 rent compare to the US average?

ZIP 85123's median rent of $1,493/mo is $472 (24%) below the US national median of $1,965/mo.

How does ZIP 85123 compare to other ZIPs in Arizona?

ZIP 85123 is among the more affordable ZIP codes in Arizona, ranking #137 out of 185 ZIPs at $1,493/mo.

How much income do you need to rent in ZIP 85123?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,493/mo in ZIP 85123. The local median household income is $69,137/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 85123?

Rent in ZIP 85123 has increased 3.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 85123 an affordable place to rent?

ZIP 85123 is considered affordable for renters. At $1,493/mo, rent takes approximately 26% of the local median household income ($69,137/yr). The standard benchmark is 30%. ZIP 85123 falls comfortably within that range.

What percentage of ZIP 85123 residents rent vs. own?

According to Census data, approximately 21.7% of ZIP 85123 households are renters, while 78.3% are owner-occupied. ZIP 85123 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 85123 compare to the rest of Arizona City?

ZIP 85123 sits right at the Arizona City citywide median of $1,493/mo.

When was rent data for ZIP 85123 last updated?

Rent data for ZIP 85123 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,493/mo, rent takes ~26% of ZIP 85123's median household income ($69,137/yr). The standard benchmark is 30%.

ZIP 85123 26%Benchmark 30%
State income tax2.5%
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Schools nearby

Public schools near ZIP 85123 (Arizona City, AZ)

Recent submissions

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