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Housing market/Arizona/ZIP 85208

ACS 2023 · FY2027 SAFMR

ZIP 85208 Mesa, 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
37,840
Households
15,277
Median HH income
$68,452
Renter share
20.3%
Median gross rent
$1,438
Vacancy
18.3%
Pop. change
-0.3%
2BR SAFMR
$1,650
SAFMR / rent
1.147×
2–49 unit stock
1,047
LIHTC proj / units
5 / 585
HUD assisted MF
3 / 90

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 85208 · AZ — sent to you.

ZIP 85208 · AZ

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ACS rent vs 2BR SAFMR

ZIP 85208 — Mesa, AZ HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,438
2BR SAFMR$1,650
90% floor$1,485
110% ceiling$1,815

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

Housing stock

ACS 2023 units-in-structure · ZCTA 85208

  • 1-unit detached9,49651.0%
  • 1-unit attached7924.3%
  • 2–4 units3361.8%
  • 5–49 units7113.8%
  • 50+ units2871.5%
  • Mobile7,00337.6%
TypeUnitsShare
1-unit detached9,49650.8%
1-unit attached7924.2%
2 units (duplex)800.4%
3–4 units2561.4%
5–9 units1180.6%
10–19 units3351.8%
20–49 units2581.4%
50+ units2871.5%
Mobile7,00337.5%

2–4 unit share 1.8% · 5–49 unit share 3.8% · combined 2–49 5.6%.

Units by bedrooms

Studio
232
1BR
3,131
2BR
6,016
3BR
6,590
4BR
2,484
5+
246

Rent burden

Rent ≥30% of income45.3%
Rent ≥50% of income20.8%
  • ACS median gross rent $1,438 (all bedrooms, occupied rentals).
  • Median contract rent $1,191.
  • Renters paying ≥30% of income 45.3%; ≥50% 20.8%.
  • FY2027 2BR SAFMR $1,650 (1.147× ACS median gross rent).

Population

37,840 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -0.3%.

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

Assisted inventory

  • LIHTC: 5 projects, 585 units.
  • HUD project-based assisted MF: 3 properties, 90 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 85208 20.3% of occupied households are renters; vacancy is 18.3%; ACS median gross rent is $1,438; population changed -0.3% between the 2018 and 2023 ACS vintages; the housing stock includes 336 units in 2–4-unit structures and 711 units in 5–49-unit structures; 5 LIHTC projects totaling 585 units; FY2027 2BR SAFMR is $1,650 versus ACS median gross rent of $1,438. 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 85208 is a Census / HUD profile for Phoenix-Mesa-Chandler, AZ. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 85208 — Mesa, 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 85208?

ZIP 85208 (Phoenix-Mesa-Chandler, AZ MSA) has 37,840 residents, 15,277 households, a renter share of 20.3%, median household income of $68,452, and ACS 2023 median gross rent of $1,438. Vacancy is 18.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 85208?

ACS counts 80 units in 2-unit buildings, 256 in 3–4 unit buildings, 118 in 5–9, 335 in 10–19, and 258 in 20–49. Combined 2–49 unit stock is 1,047 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 85208?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,650. See the full schedule and 90–110% payment-standard band on the ZIP 85208 — Mesa, AZ HUD Section 8 Payment Standards / SAFMR.

Does this Arizona ZIP profile include Georgia listings?

No. ZIP 85208 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.