JeffCroweCRE

Housing market/Arizona/ZIP 85050

ACS 2023 · FY2027 SAFMR

ZIP 85050 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
32,669
Households
12,465
Median HH income
$137,389
Renter share
20.5%
Median gross rent
$2,200
Vacancy
4.1%
Pop. change
+6.6%
2BR SAFMR
$2,420
SAFMR / rent
1.100×
2–49 unit stock
1,008
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 85050 · AZ — sent to you.

ZIP 85050 · AZ

By checking this box you agree that you may be referred to another real estate broker or related service and acknowledge that CENTURY 21 The Avenues licensees and/or affiliates may be paid a valuable consideration for facilitating such referral.

ACS rent vs 2BR SAFMR

ZIP 85050 — Phoenix, AZ HUD Section 8 Payment Standards / SAFMR →
ACS median rent$2,200
2BR SAFMR$2,420
90% floor$2,178
110% ceiling$2,662

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

Housing stock

ACS 2023 units-in-structure · ZCTA 85050

  • 1-unit detached9,86676.0%
  • 1-unit attached2552.0%
  • 2–4 units1511.2%
  • 5–49 units8576.6%
  • 50+ units7315.6%
  • Mobile1,1298.7%
TypeUnitsShare
1-unit detached9,86675.9%
1-unit attached2552.0%
2 units (duplex)00.0%
3–4 units1511.2%
5–9 units4493.5%
10–19 units3462.7%
20–49 units620.5%
50+ units7315.6%
Mobile1,1298.7%

2–4 unit share 1.2% · 5–49 unit share 6.6% · combined 2–49 7.8%.

Units by bedrooms

Studio
0
1BR
207
2BR
2,550
3BR
5,514
4BR
3,738
5+
991

Rent burden

Rent ≥30% of income41.6%
Rent ≥50% of income13.9%
  • ACS median gross rent $2,200 (all bedrooms, occupied rentals).
  • Median contract rent $1,954.
  • Renters paying ≥30% of income 41.6%; ≥50% 13.9%.
  • FY2027 2BR SAFMR $2,420 (1.100× ACS median gross rent).

Population

32,669 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.6%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • 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 85050 20.5% of occupied households are renters; vacancy is 4.1%; ACS median gross rent is $2,200; population increased +6.6% between the 2018 and 2023 ACS vintages; the housing stock includes 151 units in 2–4-unit structures and 857 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,420 versus ACS median gross rent of $2,200. 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 85050 is a Census / HUD profile for Phoenix-Mesa-Chandler, AZ. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 85050 — 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——$1,74085012Phoenix-Mesa-Chandler, AZ MSA61.0%$1,693$1,870

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 85050?

ZIP 85050 (Phoenix-Mesa-Chandler, AZ MSA) has 32,669 residents, 12,465 households, a renter share of 20.5%, median household income of $137,389, and ACS 2023 median gross rent of $2,200. Vacancy is 4.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 85050?

ACS counts 0 units in 2-unit buildings, 151 in 3–4 unit buildings, 449 in 5–9, 346 in 10–19, and 62 in 20–49. Combined 2–49 unit stock is 1,008 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 85050?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,420. See the full schedule and 90–110% payment-standard band on the ZIP 85050 — Phoenix, AZ HUD Section 8 Payment Standards / SAFMR.

Does this Arizona ZIP profile include Georgia listings?

No. ZIP 85050 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.