Housing market/Arizona/ZIP 85284

ACS 2023 · FY2027 SAFMR

ZIP 85284 Tempe, 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
19,696
Households
7,365
Median HH income
$154,663
Renter share
18.4%
Median gross rent
$2,162
Vacancy
2.9%
Pop. change
+4.0%
2BR SAFMR
$2,320
SAFMR / rent
1.073×
2–49 unit stock
638
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 85284 · AZ — sent to you.

ZIP 85284 · AZ

ACS median rent$2,162
2BR SAFMR$2,320
90% floor$2,088
110% ceiling$2,552

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

Housing stock

ACS 2023 units-in-structure · ZCTA 85284

  • 1-unit detached6,52085.9%
  • 1-unit attached2303.0%
  • 2–4 units921.2%
  • 5–49 units5467.2%
  • 50+ units1812.4%
  • Mobile200.3%
TypeUnitsShare
1-unit detached6,52085.9%
1-unit attached2303.0%
2 units (duplex)90.1%
3–4 units831.1%
5–9 units1752.3%
10–19 units1742.3%
20–49 units1972.6%
50+ units1812.4%
Mobile200.3%

2–4 unit share 1.2% · 5–49 unit share 7.2% · combined 2–49 8.4%.

Units by bedrooms

Studio
54
1BR
260
2BR
587
3BR
2,785
4BR
2,997
5+
906

Rent burden

Rent ≥30% of income32.8%
Rent ≥50% of income13.6%
  • ACS median gross rent $2,162 (all bedrooms, occupied rentals).
  • Median contract rent $1,915.
  • Renters paying ≥30% of income 32.8%; ≥50% 13.6%.
  • FY2027 2BR SAFMR $2,320 (1.073× ACS median gross rent).

Population

19,696 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.0%.

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 85284 18.4% of occupied households are renters; vacancy is 2.9%; ACS median gross rent is $2,162; population increased +4.0% between the 2018 and 2023 ACS vintages; the housing stock includes 92 units in 2–4-unit structures and 546 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,320 versus ACS median gross rent of $2,162. 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 85284 is a Census / HUD profile for Phoenix-Mesa-Chandler, AZ. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

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 85284?

ZIP 85284 (Phoenix-Mesa-Chandler, AZ MSA) has 19,696 residents, 7,365 households, a renter share of 18.4%, median household income of $154,663, and ACS 2023 median gross rent of $2,162. Vacancy is 2.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 85284?

ACS counts 9 units in 2-unit buildings, 83 in 3–4 unit buildings, 175 in 5–9, 174 in 10–19, and 197 in 20–49. Combined 2–49 unit stock is 638 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 85284?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,320. See the full schedule and 90–110% payment-standard band on the ZIP 85284 — Tempe, AZ HUD Section 8 Payment Standards / SAFMR.

Does this Arizona ZIP profile include Georgia listings?

No. ZIP 85284 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.