ZIP Code · AZ

ZIP 85206

Part of Mesa, AZ
Pop. 37,235·Maricopa County·98th most expensive ZIP in Arizona
Median rent (all units)
$1,697/mo
Year-over-Year
-0.8%
Month-over-Month
+0.3%
vs US Median
-$235
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 85206 · $1,697
More affordable than 58% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,580
1 BR
$1,710
2 BR
$1,990
3 BR
$2,650
4 BR+
$2,940
Research median
$1,990/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 85206 usually run 1.1% below trend in January and 0.8% above it in August, about $32 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 85206 is 2.1% below its high of $1,733 in December 2024, at $1,697 as of September 2026.

Past year vs. the rest of Arizona

Rent in ZIP 85206 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 85206 rose 40.2% while median household income rose 45.4% ($51,993 to $75,607). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 85206 is 31.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 5 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($75,607) is $1,890 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,710); a 2-bedroom is $1,990.

Rank in Mesa

7th cheapest of 13 ZIP codes in Mesa.

Cheaper nearby

ZIP 85204, 4 miles away, rents for 19% less ($1,376/mo), about $3,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 85206. 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
$20,364/yr
At $1,697/mo median
Location
CityMesa
StateAZ
CountyMaricopa County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-0.8% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 85206 (Mesa, AZ) is majority owner-occupied, has a large retiree population, 32.6% of residents hold a bachelor's degree or higher.

Population
37,235
Median income
$75,607
Median age
47.2
Renters
36.3%
Age distribution
17.4%
20.2%
18.1%
12.1%
32.2%
Under 1817.4%
18–3420.2%
35–5418.1%
55–6412.1%
65+32.2%
Gender
46.6%
53.4%
Male46.6%
Female53.4%
Race & ethnicity
73.8%
20.6%
White73.8%
Black3.4%
Hispanic20.6%
Asian2.4%
Education (25+)
23.6%
35.6%
32.6%
No HS diploma8.2%
HS diploma23.6%
Some college35.6%
Bachelor's+32.6%
Housing tenure
63.7%
36.3%
Owner63.7%
Renter36.3%

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

2021 vs 2026

How ZIP 85206 in Mesa, AZ has changed in 5 years

Rent
$1,484 → $1,697
up 14.4%
Income
$56,967 → $75,607
up 32.7%
Population
35,163 → 37,235
up 5.9%
Renter share
37% → 36.3%
-0.7 pts
Bachelor's+
29.1% → 32.6%
+3.5 pts
Median age
45.9 → 47.2
+1.3 yrs

Five years ago, renters in ZIP 85206 in Mesa, AZ paid around $1,484 a month. That figure now sits near $1,697, up 14.4% from the 2021 baseline. On the earnings side, the typical household in ZIP 85206 in Mesa, AZ now reports about $75,607, up from $56,967 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 85206 in Mesa, AZ adding about 2,072 residents over the five-year window, up 5.9% on net. Bachelor's-degree-or-higher attainment moved from 29.1% to 32.6% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 85206 in Mesa, AZ reflects that arc in its own way.

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About renting in ZIP 85206

Last updated: October 17, 2026

ZIP code 85206 covers Mesa, AZ. The median rent here is $1,697/mo as of October 2026. A 1-bedroom rents for a median of $1,710/mo. A 2-bedroom rents for a median of $1,990/mo.

At 27% of local median household income ($75,607/yr), ZIP 85206 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 85206?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (about $33/hour full-time) to afford the median rent of $1,697/mo in ZIP 85206. The local median household income is $75,607/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 85206?

Rent in ZIP 85206 has fallen 0.8% over the past year as of September 2026. It sits 2.1% below its high of $1,733 in December 2024.

When is the cheapest time to rent in ZIP 85206?

Asking rents in ZIP 85206 are usually lowest in January, about 1.1% below their yearly trend, and highest in August, about 0.8% above it. At today's median that is a gap of roughly $32 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 85206?

No. From 2019 to 2024, rent in ZIP 85206 rose 40.2% while median household income rose 45.4%, from $51,993 to $75,607. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 85206 compare to other ZIPs in Arizona?

ZIP 85206 is in the middle among Arizona ZIP codes for rent, ranking #98 of 183 at $1,697/mo. Over the year to September 2026, rent in ZIP 85206 changed -0.8%, against a typical +1.6% across the 171 Arizona ZIP codes Zillow tracks.

How does ZIP 85206 compare to the rest of Mesa?

At $1,697/mo, ZIP 85206 is $165 above the Mesa citywide median of $1,532/mo. It is the 7th cheapest of 13 ZIP codes in Mesa.
Income Affordability
27%
AFFORDABLE

At $1,697/mo, rent takes ~27% of ZIP 85206's median household income ($75,607/yr). The standard benchmark is 30%.

ZIP 85206 27%Benchmark 30%
State income tax2.5%
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