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ZIP Code · AZ

ZIP 85381

Part of Peoria, AZ
Pop. 27,650·Maricopa County·138th most expensive ZIP in Arizona
Median rent (all units)
$1,480/mo
Year-over-Year
-1.9%
Month-over-Month
+3.4%
vs US Median
-$485
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 85381 · $1,480
More affordable than 75% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,086
1 BR
$1,180
2 BR
$1,367
3 BR
$1,820
4 BR+
$2,021
Research median
$1,367/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
$17,760/yr
At $1,480/mo median
Location
CityPeoria
StateAZ
CountyMaricopa County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-1.9% YoY, +3.4% MoM), not inventory.
Demographics

Who lives here

ZIP 85381 (Peoria, AZ) is majority owner-occupied, has a median income above the national average, 34.4% of residents hold a bachelor's degree or higher.

Population
27,650
Median income
$96,746
Median age
42.4
Renters
33.6%
Age distribution
18.5%
22%
24.4%
15.4%
19.7%
Under 1818.5%
18–3422%
35–5424.4%
55–6415.4%
65+19.7%
Gender
47.2%
52.8%
Male47.2%
Female52.8%
Race & ethnicity
72.6%
23.7%
White72.6%
Black3.1%
Hispanic23.7%
Asian2.9%
Education (25+)
19.3%
38.4%
34.4%
No HS diploma7.9%
HS diploma19.3%
Some college38.4%
Bachelor's+34.4%
Housing tenure
66.4%
33.6%
Owner66.4%
Renter33.6%

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

2021 vs 2026

How ZIP 85381 in Peoria, AZ has changed in 5 years

Rent
$1,242 → $1,480
up 19.2%
Income
$79,665 → $96,746
up 21.4%
Population
26,385 → 27,650
up 4.8%
Renter share
34.4% → 33.6%
-0.8 pts
Bachelor's+
32.9% → 34.4%
+1.5 pts
Median age
41.8 → 42.4
+0.6 yrs

Since 2021, the typical rent in ZIP 85381 in Peoria, AZ has climbed from $1,242 to $1,480, a 19.2% change over five years. On the earnings side, the typical household in ZIP 85381 in Peoria, AZ now reports about $96,746, up from $79,665 in 2021. The population has grown by 4.8% since 2021, moving from about 26,385 residents to roughly 27,650. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 85381 in Peoria, AZ reflects that arc in its own way.

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Local insights

Tips for renters in ZIP 85381

About renting in ZIP 85381

Last updated: July 20, 2026

ZIP code 85381 covers Peoria, AZ. The median rent here is $1,480/mo as of July 2026. A 1-bedroom rents for a median of $1,180/mo. A 2-bedroom rents for a median of $1,367/mo.

At 18% of local median household income ($96,746/yr), ZIP 85381 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 85381?

As of July 20, 2026, the median monthly rent in ZIP 85381 (Peoria, AZ) is $1,480. This is based on aggregated data from public sources and community submissions.

How does ZIP 85381 rent compare to the US average?

ZIP 85381's median rent of $1,480/mo is $485 (25%) below the US national median of $1,965/mo.

How does ZIP 85381 compare to other ZIPs in Arizona?

ZIP 85381 is among the more affordable ZIP codes in Arizona, ranking #138 out of 185 ZIPs at $1,480/mo.

How much income do you need to rent in ZIP 85381?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (~$28/hour full-time) to afford the median rent of $1,480/mo in ZIP 85381. The local median household income is $96,746/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 85381?

Rent in ZIP 85381 has decreased 1.9% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 85381 an affordable place to rent?

ZIP 85381 is considered very affordable for renters. At $1,480/mo, rent takes approximately 18% of the local median household income ($96,746/yr). The standard benchmark is 30%. ZIP 85381 falls comfortably within that range.

What percentage of ZIP 85381 residents rent vs. own?

According to Census data, approximately 33.6% of ZIP 85381 households are renters, while 66.4% are owner-occupied. ZIP 85381 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 85381 compare to the rest of Peoria?

ZIP 85381 is more affordable than Peoria overall. At $1,480/mo, it's $396 below the Peoria citywide median of $1,876/mo.

When was rent data for ZIP 85381 last updated?

Rent data for ZIP 85381 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
18%
VERY AFFORDABLE

At $1,480/mo, rent takes ~18% of ZIP 85381's median household income ($96,746/yr). The standard benchmark is 30%.

ZIP 85381 18%Benchmark 30%
State income tax2.5%
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