ZIP Code · AZ

ZIP 85339

Part of Phoenix, AZ
Pop. 54,641·Maricopa County·36th most expensive ZIP in Arizona
Median rent (all units)
$2,109/mo
Year-over-Year
+2.1%
Month-over-Month
+0.2%
vs US Median
+$177
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 85339 · $2,109
More expensive than 67% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,920
1 BR
$2,080
2 BR
$2,420
3 BR
$3,230
4 BR+
$3,580
Research median
$2,420/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

February. Asking rents in ZIP 85339 usually run 1% below trend in February and 1.3% above it in July, about $49 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 85339 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Arizona

Rent in ZIP 85339 changed +2.1% 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 85339 rose 57.4% while median household income rose 45.2% ($76,170 to $110,602). Rent outpaced income.

Since before the pandemic

Rent in ZIP 85339 is 52.3% 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 10 of the last 12 months.

What a typical income covers

30% of the median household income ($110,602) is $2,765 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,420); a 3-bedroom is $3,230.

Rank in Phoenix

37th cheapest of 43 ZIP codes in Phoenix.

Cheaper nearby

ZIP 85048, 8 miles away, rents for 13% less ($1,831/mo), about $3,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 85339. 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
$25,308/yr
At $2,109/mo median
Location
StateAZ
CountyMaricopa County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.1% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 85339 (Phoenix, AZ) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 30% of residents hold a bachelor's degree or higher.

Population
54,641
Median income
$110,602
Median age
33
Renters
18%
Age distribution
29.9%
23.9%
27%
Under 1829.9%
18–3423.9%
35–5427%
55–648.9%
65+10.2%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
30.2%
18.3%
42.5%
White30.2%
Black18.3%
Hispanic42.5%
Asian4.3%
Other4.7%
Education (25+)
12.1%
23.1%
34.8%
30%
No HS diploma12.1%
HS diploma23.1%
Some college34.8%
Bachelor's+30%
Housing tenure
82%
18%
Owner82%
Renter18%

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

2021 vs 2026

How ZIP 85339 in Phoenix, AZ has changed in 5 years

Rent
$1,629 → $2,109
up 29.5%
Income
$85,007 → $110,602
up 30.1%
Population
50,260 → 54,641
up 8.7%
Renter share
23.3% → 18%
-5.3 pts
Bachelor's+
26% → 30%
+4.0 pts
Median age
30.8 → 33
+2.2 yrs

Since 2021, the typical rent in ZIP 85339 in Phoenix, AZ has climbed from $1,629 to $2,109, a 29.5% change over five years. Local incomes tracked alongside that move, going from a median of $85,007 in 2021 to $110,602 more recently. The population has grown by 8.7% since 2021, moving from about 50,260 residents to roughly 54,641. Renters now make up 18% of households, compared with 23.3% five years ago. College-educated residents now make up 30% of adults here, versus 26% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 85339 in Phoenix, AZ market of 2021.

Community

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About renting in ZIP 85339

Last updated: October 17, 2026

ZIP code 85339 covers Phoenix, AZ. The median rent here is $2,109/mo as of October 2026. A 1-bedroom rents for a median of $2,080/mo. A 2-bedroom rents for a median of $2,420/mo.

At 23% of local median household income ($110,602/yr), ZIP 85339 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 85339?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (about $40/hour full-time) to afford the median rent of $2,109/mo in ZIP 85339. The local median household income is $110,602/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 85339?

Rent in ZIP 85339 has risen 2.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in ZIP 85339?

Asking rents in ZIP 85339 are usually lowest in February, about 1% below their yearly trend, and highest in July, about 1.3% above it. At today's median that is a gap of roughly $49 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 85339?

Yes. From 2019 to 2024, rent in ZIP 85339 rose 57.4% while median household income rose 45.2%, from $76,170 to $110,602. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 85339 compare to other ZIPs in Arizona?

ZIP 85339 is one of the pricier among Arizona ZIP codes for rent, ranking #36 of 183 at $2,109/mo. Over the year to September 2026, rent in ZIP 85339 changed +2.1%, against a typical +1.6% across the 171 Arizona ZIP codes Zillow tracks.

How does ZIP 85339 compare to the rest of Phoenix?

At $2,109/mo, ZIP 85339 is $538 above the Phoenix citywide median of $1,571/mo. It is the 37th cheapest of 43 ZIP codes in Phoenix.
Income Affordability
23%
VERY AFFORDABLE

At $2,109/mo, rent takes ~23% of ZIP 85339's median household income ($110,602/yr). The standard benchmark is 30%.

ZIP 85339 23%Benchmark 30%
State income tax2.5%
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