ZIP Code · AZ

ZIP 86005

Pop. 17,961·Coconino County·38th most expensive ZIP in Arizona
Median rent (all units)
$2,099/mo
Year-over-Year
+0.4%
Month-over-Month
+0.3%
vs US Median
+$167
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 86005 · $2,099
More expensive than 66% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,610
1 BR
$1,740
2 BR
$1,940
3 BR
$2,370
4 BR+
$2,590
Research median
$1,940/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 86005 changed +0.4% over the year to September 2026. Across the 171 Arizona ZIP codes Zillow tracks, the typical change was +1.6%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($87,942) is $2,199 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,940); a 3-bedroom is $2,370.

Rank in Flagstaff

1st cheapest of 3 ZIP codes in Flagstaff.

From Zillow's monthly rent index (ZORI) for ZIP 86005. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$25,188/yr
At $2,099/mo median
Location
StateAZ
CountyCoconino 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 (+0.4% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 86005 (Flagstaff, AZ) is majority owner-occupied, 58.5% of residents hold a bachelor's degree or higher.

Population
17,961
Median income
$87,942
Median age
34.3
Renters
42.9%
Age distribution
22.7%
29.3%
22.8%
14.1%
Under 1822.7%
18–3429.3%
35–5422.8%
55–6411%
65+14.1%
Gender
50.6%
49.4%
Male50.6%
Female49.4%
Race & ethnicity
71.5%
14.9%
White71.5%
Black3%
Hispanic14.9%
Asian2.8%
Other7.7%
Education (25+)
27.2%
58.5%
No HS diploma2.6%
HS diploma11.7%
Some college27.2%
Bachelor's+58.5%
Housing tenure
57.1%
42.9%
Owner57.1%
Renter42.9%

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

2021 vs 2026

How ZIP 86005 in Flagstaff, AZ has changed in 5 years

Income
$72,799 → $87,942
up 20.8%
Population
15,921 → 17,961
up 12.8%
Renter share
40.6% → 42.9%
+2.3 pts
Bachelor's+
58.3% → 58.5%
+0.2 pts

Median household income rose from $72,799 to $87,942 between 2021 and 2024, a 20.8% shift. The population has grown by 12.8% since 2021, moving from about 15,921 residents to roughly 17,961. Renters now make up 42.9% of households, compared with 40.6% five years ago.

Community

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Local insights

Tips for renters in ZIP 86005

About renting in ZIP 86005

Last updated: October 17, 2026

ZIP code 86005 covers Flagstaff, AZ. The median rent here is $2,099/mo as of October 2026. A 1-bedroom rents for a median of $1,740/mo. A 2-bedroom rents for a median of $1,940/mo.

At 29% of local median household income ($87,942/yr), ZIP 86005 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 86005?

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 $2,099/mo in ZIP 86005. The local median household income is $87,942/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 86005?

Rent in ZIP 86005 has been roughly flat over the past year, a +0.4% change.

How does ZIP 86005 compare to other ZIPs in Arizona?

ZIP 86005 is one of the pricier among Arizona ZIP codes for rent, ranking #38 of 183 at $2,099/mo. Over the year to September 2026, rent in ZIP 86005 changed +0.4%, against a typical +1.6% across the 171 Arizona ZIP codes Zillow tracks.

How does ZIP 86005 compare to the rest of Flagstaff?

At $2,099/mo, ZIP 86005 is $29 below the Flagstaff citywide median of $2,128/mo. It is the 1st cheapest of 3 ZIP codes in Flagstaff.
Income Affordability
29%
AFFORDABLE

At $2,099/mo, rent takes ~29% of ZIP 86005's median household income ($87,942/yr). The standard benchmark is 30%.

ZIP 86005 29%Benchmark 30%
State income tax2.5%
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Schools nearby

Public schools near ZIP 86005 (Flagstaff, AZ)

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