ZIP Code · AZ

ZIP 85282

Part of Tempe, AZ

Pop. 53,624·Maricopa County·130th most expensive ZIP in Arizona

Median rent (all units)

$1,540/mo

Year-over-Year

+2.0%

Month-over-Month

+0.7%

vs US Median

-$392

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 85282 · $1,540

More affordable than 70% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,126

1 BR

$1,225

2 BR

$1,423

3 BR

$1,897

4 BR+

$2,102

Research median

$1,423/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

December. Asking rents in ZIP 85282 usually run 1.3% below trend in December and 1.1% above it in July, about $37 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 85282 is 0.6% below its high of $1,550 in April 2023, at $1,540 as of September 2026.

Past year vs. the rest of Arizona

Rent in ZIP 85282 changed +2.0% 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 85282 rose 42.4% while median household income rose 33.2% ($59,339 to $79,036). Rent outpaced income.

Since before the pandemic

Rent in ZIP 85282 is 34.3% 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 8 of the last 12 months.

What a typical income covers

30% of the median household income ($79,036) is $1,976 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,730); a 2-bedroom is $2,010.

Rank in Tempe

1st cheapest of 5 ZIP codes in Tempe.

Cheaper nearby

ZIP 85202, 3 miles away, rents for 15% less ($1,310/mo), about $2,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 85282. 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

$18,480/yr

At $1,540/mo median

Location

CityTempe

StateAZ

CountyMaricopa County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.0% YoY, +0.7% MoM), not inventory.

Demographics

Who lives here

ZIP 85282 (Tempe, AZ) is roughly split between renters and owners, skews toward younger working-age adults, 43.7% of residents hold a bachelor's degree or higher.

Population

53,624

Median income

$79,036

Median age

32.8

Renters

53%

Age distribution

15.8%

38.6%

21%

13.4%

Under 1815.8%

18–3438.6%

35–5421%

55–6411.3%

65+13.4%

Gender

51.6%

48.4%

Male51.6%

Female48.4%

Race & ethnicity

59.2%

24.7%

White59.2%

Black8.2%

Hispanic24.7%

Asian5.8%

Other2.1%

Education (25+)

20.1%

29.9%

43.7%

No HS diploma6.2%

HS diploma20.1%

Some college29.9%

Bachelor's+43.7%

Housing tenure

47%

53%

Owner47%

Renter53%

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

2021 vs 2026

How ZIP 85282 in Tempe, AZ has changed in 5 years

Rent

$1,256 → $1,540

up 22.6%

Income

$64,151 → $79,036

up 23.2%

Population

52,066 → 53,624

up 3.0%

Renter share

55.7% → 53%

-2.7 pts

Bachelor's+

43.5% → 43.7%

+0.2 pts

Across the past five years, the going rent in ZIP 85282 in Tempe, AZ has shifted from $1,256 to $1,540, up 22.6% since 2021. Census figures show median household income at $79,036 today, compared with $64,151 five years earlier. Census counts show ZIP 85282 in Tempe, AZ adding about 1,558 residents over the five-year window, up 3.0% on net. The renter share has eased from 55.7% to 53%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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About renting in ZIP 85282

Last updated: October 17, 2026

ZIP code 85282 covers Tempe, AZ. The median rent here is $1,540/mo as of October 2026. A 1-bedroom rents for a median of $1,225/mo. A 2-bedroom rents for a median of $1,423/mo.

At 23% of local median household income ($79,036/yr), ZIP 85282 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 85282?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (about $30/hour full-time) to afford the median rent of $1,540/mo in ZIP 85282. The local median household income is $79,036/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 85282?

Rent in ZIP 85282 has risen 2.0% over the past year as of September 2026. It sits 0.6% below its high of $1,550 in April 2023.

When is the cheapest time to rent in ZIP 85282?

Asking rents in ZIP 85282 are usually lowest in December, about 1.3% below their yearly trend, and highest in July, about 1.1% above it. At today's median that is a gap of roughly $37 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 85282?

Yes. From 2019 to 2024, rent in ZIP 85282 rose 42.4% while median household income rose 33.2%, from $59,339 to $79,036. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 85282 compare to other ZIPs in Arizona?

ZIP 85282 is one of the more affordable among Arizona ZIP codes for rent, ranking #130 of 183 at $1,540/mo. Over the year to September 2026, rent in ZIP 85282 changed +2.0%, against a typical +1.6% across the 171 Arizona ZIP codes Zillow tracks.