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Housing market/Arizona/ZIP 85012

ACS 2023 · FY2027 SAFMR

ZIP 85012 Phoenix, Arizona

Phoenix-Mesa-Chandler, AZ MSA · Arizona. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
8,880
Households
4,808
Median HH income
$80,242
Renter share
61.0%
Median gross rent
$1,693
Vacancy
8.8%
Pop. change
+26.6%
2BR SAFMR
$1,870
SAFMR / rent
1.105×
2–49 unit stock
882
LIHTC proj / units
1 / 65
HUD assisted MF
1 / 149

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 85012 · AZ — sent to you.

ZIP 85012 · AZ

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ACS rent vs 2BR SAFMR

ZIP 85012 — Phoenix, AZ HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,693
2BR SAFMR$1,870
90% floor$1,683
110% ceiling$2,057

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 85012

  • 1-unit detached1,61730.7%
  • 1-unit attached4468.5%
  • 2–4 units1542.9%
  • 5–49 units72813.8%
  • 50+ units2,32444.1%
TypeUnitsShare
1-unit detached1,61730.7%
1-unit attached4468.5%
2 units (duplex)551.0%
3–4 units991.9%
5–9 units741.4%
10–19 units2073.9%
20–49 units4478.5%
50+ units2,32444.1%
Mobile00.0%

2–4 unit share 2.9% · 5–49 unit share 13.8% · combined 2–49 16.7%.

Units by bedrooms

Studio
324
1BR
1,976
2BR
1,475
3BR
890
4BR
558
5+
46

Rent burden

Rent ≥30% of income47.5%
Rent ≥50% of income24.1%
  • ACS median gross rent $1,693 (all bedrooms, occupied rentals).
  • Median contract rent $1,617.
  • Renters paying ≥30% of income 47.5%; ≥50% 24.1%.
  • FY2027 2BR SAFMR $1,870 (1.105× ACS median gross rent).

Population

8,880 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +26.6%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 65 units.
  • HUD project-based assisted MF: 1 properties, 149 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 13,304 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 85012 61.0% of occupied households are renters; vacancy is 8.8%; ACS median gross rent is $1,693; population increased +26.6% between the 2018 and 2023 ACS vintages; the housing stock includes 154 units in 2–4-unit structures and 728 units in 5–49-unit structures; 1 LIHTC projects totaling 65 units; FY2027 2BR SAFMR is $1,870 versus ACS median gross rent of $1,693. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Arizona research

ZIP 85012 is a Census / HUD profile for Phoenix-Mesa-Chandler, AZ. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 85012 — Phoenix, AZ HUD Section 8 Payment Standards / SAFMR·Arizona ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
85001Phoenix-Mesa-Chandler, AZ MSA——$1,74085002Phoenix-Mesa-Chandler, AZ MSA——$1,74085003Phoenix-Mesa-Chandler, AZ MSA70.1%$1,258$1,61085004Phoenix-Mesa-Chandler, AZ MSA76.4%$1,759$1,95085005Phoenix-Mesa-Chandler, AZ MSA——$1,74085006Phoenix-Mesa-Chandler, AZ MSA60.5%$1,168$1,38085007Phoenix-Mesa-Chandler, AZ MSA55.8%$1,079$1,38085008Phoenix-Mesa-Chandler, AZ MSA69.2%$1,300$1,48085009Phoenix-Mesa-Chandler, AZ MSA49.3%$1,128$1,38085010Phoenix-Mesa-Chandler, AZ MSA——$1,74085011Phoenix-Mesa-Chandler, AZ MSA——$1,74085013Phoenix-Mesa-Chandler, AZ MSA57.5%$1,435$1,800

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Arizona research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 85012?

ZIP 85012 (Phoenix-Mesa-Chandler, AZ MSA) has 8,880 residents, 4,808 households, a renter share of 61.0%, median household income of $80,242, and ACS 2023 median gross rent of $1,693. Vacancy is 8.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 85012?

ACS counts 55 units in 2-unit buildings, 99 in 3–4 unit buildings, 74 in 5–9, 207 in 10–19, and 447 in 20–49. Combined 2–49 unit stock is 882 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 85012?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,870. See the full schedule and 90–110% payment-standard band on the ZIP 85012 — Phoenix, AZ HUD Section 8 Payment Standards / SAFMR.

Does this Arizona ZIP profile include Georgia listings?

No. ZIP 85012 is Census / HUD research for Phoenix-Mesa-Chandler, AZ MSA. Jeff Crowe CRE does not list Arizona property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.