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ZIP Code · AZ

ZIP 85345

Part of Peoria, AZ
Pop. 60,918·Maricopa County·71st most expensive ZIP in Arizona
Median rent (all units)
$1,857/mo
Year-over-Year
+5.8%
Month-over-Month
+0.9%
vs US Median
-$108
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 85345 · $1,857
More expensive than 52% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,420
1 BR
$1,540
2 BR
$1,790
3 BR
$2,390
4 BR+
$2,650
Research median
$1,790/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: July 20, 2026

Annual cost
$22,284/yr
At $1,857/mo median
Location
CityPeoria
StateAZ
CountyMaricopa County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.8% YoY, +0.9% MoM), not inventory.
Demographics

Who lives here

ZIP 85345 (Peoria, AZ) is majority owner-occupied, 19.2% of residents hold a bachelor's degree or higher.

Population
60,918
Median income
$67,380
Median age
36.7
Renters
33.5%
Age distribution
22.1%
25.2%
23.1%
13.7%
16%
Under 1822.1%
18–3425.2%
35–5423.1%
55–6413.7%
65+16%
Gender
47.9%
52.1%
Male47.9%
Female52.1%
Race & ethnicity
58.6%
36.1%
White58.6%
Black5.2%
Hispanic36.1%
Asian4.5%
Education (25+)
13.8%
33.9%
33.1%
19.2%
No HS diploma13.8%
HS diploma33.9%
Some college33.1%
Bachelor's+19.2%
Housing tenure
66.5%
33.5%
Owner66.5%
Renter33.5%

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

2021 vs 2026

How ZIP 85345 in Peoria, AZ has changed in 5 years

Rent
$1,504 → $1,857
up 23.5%
Income
$55,806 → $67,380
up 20.7%
Population
59,631 → 60,918
up 2.2%
Renter share
34.3% → 33.5%
-0.8 pts
Bachelor's+
17.5% → 19.2%
+1.7 pts
Median age
37.2 → 36.7
-0.5 yrs

Since 2021, the typical rent in ZIP 85345 in Peoria, AZ has climbed from $1,504 to $1,857, a 23.5% change over five years. Median household income rose from $55,806 to $67,380 between 2021 and 2024, a 20.7% shift. The population has grown by 2.2% since 2021, moving from about 59,631 residents to roughly 60,918. Taken together, the five-year picture in ZIP 85345 in Peoria, AZ reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

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About renting in ZIP 85345

Last updated: July 20, 2026

ZIP code 85345 covers Peoria, AZ. The median rent here is $1,857/mo as of July 2026. A 1-bedroom rents for a median of $1,540/mo. A 2-bedroom rents for a median of $1,790/mo.

At 33% of local median household income ($67,380/yr), ZIP 85345 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 85345?

As of July 20, 2026, the median monthly rent in ZIP 85345 (Peoria, AZ) is $1,857. This is based on aggregated data from public sources and community submissions.

How does ZIP 85345 rent compare to the US average?

ZIP 85345's median rent of $1,857/mo is $108 (5%) below the US national median of $1,965/mo.

How does ZIP 85345 compare to other ZIPs in Arizona?

ZIP 85345 falls in the middle range for Arizona, ranking #71 out of 185 ZIPs at $1,857/mo.

How much income do you need to rent in ZIP 85345?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (~$36/hour full-time) to afford the median rent of $1,857/mo in ZIP 85345. The local median household income is $67,380/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 85345?

Rent in ZIP 85345 has increased 5.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 85345 an affordable place to rent?

ZIP 85345 is considered moderate for renters. At $1,857/mo, rent takes approximately 33% of the local median household income ($67,380/yr). The standard benchmark is 30%. ZIP 85345 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 85345 residents rent vs. own?

According to Census data, approximately 33.5% of ZIP 85345 households are renters, while 66.5% are owner-occupied. ZIP 85345 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 85345 compare to the rest of Peoria?

ZIP 85345 is more affordable than Peoria overall. At $1,857/mo, it's $19 below the Peoria citywide median of $1,876/mo.

When was rent data for ZIP 85345 last updated?

Rent data for ZIP 85345 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
33%
MODERATE

At $1,857/mo, rent takes ~33% of ZIP 85345's median household income ($67,380/yr). The standard benchmark is 30%.

ZIP 85345 33%Benchmark 30%
State income tax2.5%
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