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ZIP Code · AZ

ZIP 85331

Pop. 31,968·Maricopa County·2nd most expensive ZIP in Arizona
Median rent (all units)
$3,255/mo
Year-over-Year
Stable
Month-over-Month
-0.2%
vs US Median
+$1,304
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 85331 · $3,255
More expensive than 93% of US ZIP codes · National median $1,951/mo
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Medians by bedroom

Rent by unit size

Studio
$2,190
1 BR
$2,380
2 BR
$2,760
3 BR
$3,680
4 BR+
$4,080
Research median
$2,760/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: June 22, 2026

Annual cost
$39,060/yr
At $3,255/mo median
Location
StateAZ
CountyMaricopa County
Demographics

Who lives here

ZIP 85331 (Cave Creek, AZ) is majority owner-occupied, has a large retiree population, has a median income above the national average, 54.5% of residents hold a bachelor's degree or higher.

Population
31,968
Median income
$129,083
Median age
52.5
Renters
7.4%
Age distribution
19%
24.7%
18.3%
26.2%
Under 1819%
18–3411.9%
35–5424.7%
55–6418.3%
65+26.2%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
88.1%
White88.1%
Hispanic7.8%
Asian2.1%
Other1.6%
Education (25+)
14.6%
29.2%
54.5%
No HS diploma1.7%
HS diploma14.6%
Some college29.2%
Bachelor's+54.5%
Housing tenure
92.6%
Owner92.6%
Renter7.4%

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

2021 vs 2026

How ZIP 85331 in Cave Creek, AZ has changed in 5 years

Income
$108,213 → $129,083
up 19.3%
Population
30,647 → 31,968
up 4.3%
Renter share
8.2% → 7.4%
-0.8 pts
Bachelor's+
55% → 54.5%
-0.5 pts
Median age
50.2 → 52.5
+2.3 yrs

Household income in the area moved from $108,213 to $129,083 across the same window, up 19.3% versus 2021. The population has grown by 4.3% since 2021, moving from about 30,647 residents to roughly 31,968.

Community

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Local insights

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About renting in ZIP 85331

Last updated: June 22, 2026

ZIP code 85331 covers Cave Creek, AZ. The median rent here is $3,255/mo as of June 2026. A 1-bedroom rents for a median of $2,380/mo. A 2-bedroom rents for a median of $2,760/mo.

At 30% of local median household income ($129,083/yr), ZIP 85331 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 85331?

As of June 22, 2026, the median monthly rent in ZIP 85331 (Cave Creek, AZ) is $3,255. This is based on aggregated data from public sources and community submissions.

How does ZIP 85331 rent compare to the US average?

ZIP 85331's median rent of $3,255/mo is $1,304 (67%) above the US national median of $1,951/mo.

How does ZIP 85331 compare to other ZIPs in Arizona?

ZIP 85331 is one of the pricier ZIP codes in Arizona, ranking #2 out of 185 ZIPs tracked at $3,255/mo.

How much income do you need to rent in ZIP 85331?

To keep rent at or below 30% of gross income, you would need to earn at least $130,000/year (~$63/hour full-time) to afford the median rent of $3,255/mo in ZIP 85331. The local median household income is $129,083/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 85331?

Rent in ZIP 85331 has been relatively stable over the past year, with a 0.0% change year over year as of June 22, 2026.

Is ZIP 85331 an affordable place to rent?

ZIP 85331 is considered moderate for renters. At $3,255/mo, rent takes approximately 30% of the local median household income ($129,083/yr). The standard benchmark is 30%. ZIP 85331 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 85331 residents rent vs. own?

According to Census data, approximately 7.4% of ZIP 85331 households are renters, while 92.6% are owner-occupied. ZIP 85331 leans toward homeownership, which can mean a smaller rental inventory.

When was rent data for ZIP 85331 last updated?

Rent data for ZIP 85331 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $3,255/mo, rent takes ~30% of ZIP 85331's median household income ($129,083/yr). The standard benchmark is 30%.

ZIP 85331 30%Benchmark 30%
State income tax2.5%
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Schools nearby

Public schools near ZIP 85331 (Cave Creek, AZ)

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