Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 85007, Arizona?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 85007, Arizona (ZIP 85007) is $1,116/month (±$97), based on Census ACS 5-Year estimates (2024). The median home value is $480,600 (±$59,354), and the median household income is $63,616/year. The unemployment rate in Maricopa County, Arizona was 3.7% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 85007
| Metric | Value |
|---|---|
| Median Gross Rent | $1,116 |
| Median Home Value | $480,600 |
| Median Household Income | $63,616 |
| Total Housing Units | 5,147 |
| Renter-Occupied Units | 2,789 |
| Renter-Occupied Share | 54% |
| Households Paying 50%+ Income | 541 households |
| Unemployment Rate(April 2026) | 3.7% |
How does ZIP 85007 compare?
Median gross rent ranked against all ZIP codes in Arizona.
Higher rent than 39% of ZIP codes in Arizona · 201st of 327
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 85266 | $3,136 |
| 2 | ZCTA5 85262 | $2,899 |
| 3 | ZCTA5 85298 | $2,785 |
| … 197 more … | ||
| 201 | ZCTA5 85007(you are here) | $1,116 |
| … 123 more … | ||
| 325 | ZCTA5 85926 | $427 |
| 326 | ZCTA5 85121 | $398 |
| 327 | ZCTA5 85530 | $354 |
Geography
ZIP 85007 is in Maricopa County, Arizona.
It covers part of Phoenix city, Arizona.
More data for ZCTA5 85007
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Frequently asked questions
What is the average rent in ZCTA5 85007, Arizona?
The median gross rent in ZCTA5 85007, Arizona (ZIP 85007) is $1,116/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 85007, Arizona?
The median rent for a 2-bedroom in ZCTA5 85007, Arizona is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 85007, Arizona?
The median home value in ZCTA5 85007, Arizona (ZIP 85007) is $480,600 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 85007 are rent-burdened?
In ZCTA5 85007, Arizona, 541 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 85007, Arizona?
The median household income in ZCTA5 85007, Arizona is $63,616/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,116 has a margin of error of ±$97. In very small areas, MOEs can be large relative to the estimate.
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