ZIP Code · AZ

ZIP 85387

Part of Surprise, AZ
Pop. 22,442·Maricopa County·34th most expensive ZIP in Arizona
Median rent (all units)
$2,162/mo
Year-over-Year
+3.0%
Month-over-Month
+0.8%
vs US Median
+$197
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 85387 · $2,162
More expensive than 68% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,950
1 BR
$2,120
2 BR
$2,460
3 BR
$3,280
4 BR+
$3,640
Research median
$2,460/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
$25,944/yr
At $2,162/mo median
Location
StateAZ
CountyMaricopa County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.0% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 85387 (Surprise, AZ) is majority owner-occupied, has a large retiree population, has a median income above the national average, 34.4% of residents hold a bachelor's degree or higher.

Population
22,442
Median income
$98,757
Median age
50.2
Renters
5%
Age distribution
17.3%
17.1%
21.8%
12.4%
31.4%
Under 1817.3%
18–3417.1%
35–5421.8%
55–6412.4%
65+31.4%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
79.9%
15.8%
White79.9%
Black2%
Hispanic15.8%
Asian2.2%
Education (25+)
23.1%
37.3%
34.4%
No HS diploma5.2%
HS diploma23.1%
Some college37.3%
Bachelor's+34.4%
Housing tenure
95%
Owner95%
Renter5%

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

2021 vs 2026

How ZIP 85387 in Surprise, AZ has changed in 5 years

Income
$81,719 → $98,757
up 20.8%
Population
14,518 → 22,442
up 54.6%
Renter share
7.3% → 5%
-2.3 pts
Bachelor's+
36.3% → 34.4%
-1.9 pts
Median age
54.9 → 50.2
-4.7 yrs

Median household income rose from $81,719 to $98,757 between 2021 and 2024, a 20.8% shift. The population has grown by 54.6% since 2021, moving from about 14,518 residents to roughly 22,442. Renters now make up 5% of households, compared with 7.3% five years ago.

Community

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Local insights

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About renting in ZIP 85387

Last updated: July 20, 2026

ZIP code 85387 covers Surprise, AZ. The median rent here is $2,162/mo as of July 2026. A 1-bedroom rents for a median of $2,120/mo. A 2-bedroom rents for a median of $2,460/mo.

At 26% of local median household income ($98,757/yr), ZIP 85387 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 85387?

As of July 20, 2026, the median monthly rent in ZIP 85387 (Surprise, AZ) is $2,162. This is based on aggregated data from public sources and community submissions.

How does ZIP 85387 rent compare to the US average?

ZIP 85387's median rent of $2,162/mo is $197 (10%) above the US national median of $1,965/mo.

How does ZIP 85387 compare to other ZIPs in Arizona?

ZIP 85387 is one of the pricier ZIP codes in Arizona, ranking #34 out of 185 ZIPs tracked at $2,162/mo.

How much income do you need to rent in ZIP 85387?

To keep rent at or below 30% of gross income, you would need to earn at least $86,000/year (~$41/hour full-time) to afford the median rent of $2,162/mo in ZIP 85387. The local median household income is $98,757/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 85387?

Rent in ZIP 85387 has increased 3.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 85387 an affordable place to rent?

ZIP 85387 is considered affordable for renters. At $2,162/mo, rent takes approximately 26% of the local median household income ($98,757/yr). The standard benchmark is 30%. ZIP 85387 falls comfortably within that range.

What percentage of ZIP 85387 residents rent vs. own?

According to Census data, approximately 5% of ZIP 85387 households are renters, while 95% are owner-occupied. ZIP 85387 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 85387 compare to the rest of Surprise?

ZIP 85387 is pricier than Surprise as a whole. At $2,162/mo, it's $235 above the Surprise citywide median of $1,927/mo.

When was rent data for ZIP 85387 last updated?

Rent data for ZIP 85387 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $2,162/mo, rent takes ~26% of ZIP 85387's median household income ($98,757/yr). The standard benchmark is 30%.

ZIP 85387 26%Benchmark 30%
State income tax2.5%
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Schools nearby

Public schools near ZIP 85387 (Surprise, AZ)

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