ZIP Code · AZ

ZIP 85338

Part of Goodyear, AZ
Pop. 67,451·Maricopa County·103rd most expensive ZIP in Arizona
Median rent (all units)
$1,688/mo
Year-over-Year
+0.4%
Month-over-Month
+0.1%
vs US Median
-$244
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 85338 · $1,688
More affordable than 59% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,233
1 BR
$1,341
2 BR
$1,559
3 BR
$2,081
4 BR+
$2,306
Research median
$1,559/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 85338 usually run 1.2% below trend in December and 0.8% above it in June, about $34 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 85338 is 2% below its high of $1,722 in January 2025, at $1,688 as of September 2026.

Past year vs. the rest of Arizona

Rent in ZIP 85338 changed +0.4% 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 85338 rose 47.8% while median household income rose 29.8% ($78,397 to $101,744). Rent outpaced income.

Since before the pandemic

Rent in ZIP 85338 is 39% 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 6 of the last 12 months.

What a typical income covers

30% of the median household income ($101,744) is $2,544 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,150); a 3-bedroom is $2,870.

From Zillow's monthly rent index (ZORI) for ZIP 85338. 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
$20,256/yr
At $1,688/mo median
Location
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 (+0.4% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 85338 (Goodyear, AZ) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 33.2% of residents hold a bachelor's degree or higher.

Population
67,451
Median income
$101,744
Median age
39.2
Renters
22.7%
Age distribution
25.2%
19.7%
28.7%
12%
14.3%
Under 1825.2%
18–3419.7%
35–5428.7%
55–6412%
65+14.3%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
52.7%
37.3%
White52.7%
Black8.1%
Hispanic37.3%
Asian2.9%
Education (25+)
22.8%
38.9%
33.2%
No HS diploma5.2%
HS diploma22.8%
Some college38.9%
Bachelor's+33.2%
Housing tenure
77.3%
22.7%
Owner77.3%
Renter22.7%

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

2021 vs 2026

How ZIP 85338 in Goodyear, AZ has changed in 5 years

Rent
$1,487 → $1,688
up 13.5%
Income
$86,271 → $101,744
up 17.9%
Population
57,464 → 67,451
up 17.4%
Renter share
23.3% → 22.7%
-0.6 pts
Bachelor's+
29.1% → 33.2%
+4.1 pts
Median age
36.4 → 39.2
+2.8 yrs

Since 2021, the typical rent in ZIP 85338 in Goodyear, AZ has increased from $1,487 to $1,688, a 13.5% change over five years. Census figures show median household income at $101,744 today, compared with $86,271 five years earlier. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 17.4% since 2021, moving from about 57,464 residents to roughly 67,451. College-educated residents now make up 33.2% of adults here, versus 29.1% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

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About renting in ZIP 85338

Last updated: October 17, 2026

ZIP code 85338 covers Goodyear, AZ. The median rent here is $1,688/mo as of October 2026. A 1-bedroom rents for a median of $1,341/mo. A 2-bedroom rents for a median of $1,559/mo.

At 20% of local median household income ($101,744/yr), ZIP 85338 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 85338?

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 $1,688/mo in ZIP 85338. The local median household income is $101,744/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 85338?

Rent in ZIP 85338 has been roughly flat over the past year as of September 2026, a +0.4% change. It sits 2% below its high of $1,722 in January 2025.

When is the cheapest time to rent in ZIP 85338?

Asking rents in ZIP 85338 are usually lowest in December, about 1.2% below their yearly trend, and highest in June, about 0.8% above it. At today's median that is a gap of roughly $34 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 85338?

Yes. From 2019 to 2024, rent in ZIP 85338 rose 47.8% while median household income rose 29.8%, from $78,397 to $101,744. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 85338 compare to other ZIPs in Arizona?

ZIP 85338 is in the middle among Arizona ZIP codes for rent, ranking #103 of 183 at $1,688/mo. Over the year to September 2026, rent in ZIP 85338 changed +0.4%, against a typical +1.6% across the 171 Arizona ZIP codes Zillow tracks.

How does ZIP 85338 compare to the rest of Goodyear?

At $1,688/mo, ZIP 85338 is $10 below the Goodyear citywide median of $1,698/mo.
Income Affordability
20%
VERY AFFORDABLE

At $1,688/mo, rent takes ~20% of ZIP 85338's median household income ($101,744/yr). The standard benchmark is 30%.

ZIP 85338 20%Benchmark 30%
State income tax2.5%
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