ZIP Code · AZ

ZIP 85387

Part of Surprise, AZ

Pop. 22,442·Maricopa County·25th most expensive ZIP in Arizona

Median rent (all units)

$2,177/mo

Year-over-Year

+0.9%

Month-over-Month

+0.4%

vs US Median

+$245

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 85387 · $2,177

More expensive than 70% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Arizona

Rent in ZIP 85387 changed +0.9% over the year to September 2026. Across the 171 Arizona ZIP codes Zillow tracks, the typical change was +1.6%.

Recent direction

Rent has risen 2 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($98,757) is $2,469 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,460); a 3-bedroom is $3,280.

Rank in Surprise

5th cheapest of 5 ZIP codes in Surprise.

Cheaper nearby

ZIP 85375, 5 miles away, rents for 13% less ($1,898/mo), about $3,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 85387. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$26,124/yr

At $2,177/mo median

Location

CitySurprise

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 (+0.9% YoY, +0.4% 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

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: October 17, 2026

ZIP code 85387 covers Surprise, AZ. The median rent here is $2,177/mo as of October 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 0.9% over the past year.

FAQ

Frequently asked questions

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 $87,000/year (about $42/hour full-time) to afford the median rent of $2,177/mo in ZIP 85387. The local median household income is $98,757/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 85387?

Rent in ZIP 85387 has risen 0.9% over the past year.

How does ZIP 85387 compare to other ZIPs in Arizona?

ZIP 85387 is one of the pricier among Arizona ZIP codes for rent, ranking #25 of 183 at $2,177/mo. Over the year to September 2026, rent in ZIP 85387 changed +0.9%, against a typical +1.6% across the 171 Arizona ZIP codes Zillow tracks.