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Housing market/Arizona/ZIP 85122

ACS 2023 · FY2027 SAFMR

ZIP 85122 Eleven Mile Corner, 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
58,328
Households
20,856
Median HH income
$64,243
Renter share
30.8%
Median gross rent
$1,289
Vacancy
14.0%
Pop. change
+0.8%
2BR SAFMR
$1,440
SAFMR / rent
1.117×
2–49 unit stock
2,310
LIHTC proj / units
6 / 544
HUD assisted MF
2 / 107

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 85122 · AZ — sent to you.

ZIP 85122 · AZ

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ACS rent vs 2BR SAFMR

ZIP 85122 — Eleven Mile Corner, AZ HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,289
2BR SAFMR$1,440
90% floor$1,296
110% ceiling$1,584

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

Housing stock

ACS 2023 units-in-structure · ZCTA 85122

  • 1-unit detached15,02662.5%
  • 1-unit attached6412.7%
  • 2–4 units6662.8%
  • 5–49 units1,6446.8%
  • 50+ units9964.1%
  • Mobile5,05121.0%
TypeUnitsShare
1-unit detached15,02662.0%
1-unit attached6412.6%
2 units (duplex)2661.1%
3–4 units4001.7%
5–9 units7893.3%
10–19 units3931.6%
20–49 units4621.9%
50+ units9964.1%
Mobile5,05120.8%

2–4 unit share 2.7% · 5–49 unit share 6.8% · combined 2–49 9.5%.

Units by bedrooms

Studio
542
1BR
3,034
2BR
6,323
3BR
8,242
4BR
4,787
5+
1,310

Rent burden

Rent ≥30% of income48.2%
Rent ≥50% of income20.6%
  • ACS median gross rent $1,289 (all bedrooms, occupied rentals).
  • Median contract rent $1,098.
  • Renters paying ≥30% of income 48.2%; ≥50% 20.6%.
  • FY2027 2BR SAFMR $1,440 (1.117× ACS median gross rent).

Population

58,328 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.8%.

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

Assisted inventory

  • LIHTC: 6 projects, 544 units.
  • HUD project-based assisted MF: 2 properties, 107 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,496 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 85122 30.8% of occupied households are renters; vacancy is 14.0%; ACS median gross rent is $1,289; population increased +0.8% between the 2018 and 2023 ACS vintages; the housing stock includes 666 units in 2–4-unit structures and 1,644 units in 5–49-unit structures; 6 LIHTC projects totaling 544 units; FY2027 2BR SAFMR is $1,440 versus ACS median gross rent of $1,289. 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 85122 is a Census / HUD profile for Phoenix-Mesa-Chandler, AZ. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 85122 — Eleven Mile Corner, 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 85122?

ZIP 85122 (Phoenix-Mesa-Chandler, AZ MSA) has 58,328 residents, 20,856 households, a renter share of 30.8%, median household income of $64,243, and ACS 2023 median gross rent of $1,289. Vacancy is 14.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 85122?

ACS counts 266 units in 2-unit buildings, 400 in 3–4 unit buildings, 789 in 5–9, 393 in 10–19, and 462 in 20–49. Combined 2–49 unit stock is 2,310 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 85122?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,440. See the full schedule and 90–110% payment-standard band on the ZIP 85122 — Eleven Mile Corner, AZ HUD Section 8 Payment Standards / SAFMR.

Does this Arizona ZIP profile include Georgia listings?

No. ZIP 85122 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.