Housing market/Arizona/ZIP 86305

ACS 2023 · FY2027 SAFMR

ZIP 86305 Prescott, Arizona

Prescott Valley-Prescott, 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
19,430
Households
9,409
Median HH income
$78,802
Renter share
19.0%
Median gross rent
$1,132
Vacancy
13.8%
Pop. change
+6.7%
2BR SAFMR
$1,480
SAFMR / rent
1.307×
2–49 unit stock
773
LIHTC proj / units
2 / 224
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 86305 · AZ — sent to you.

ZIP 86305 · AZ

ACS median rent$1,132
2BR SAFMR$1,480
90% floor$1,332
110% ceiling$1,628

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

Housing stock

ACS 2023 units-in-structure · ZCTA 86305

  • 1-unit detached8,85482.5%
  • 1-unit attached2242.1%
  • 2–4 units3443.2%
  • 5–49 units4294.0%
  • 50+ units1941.8%
  • Mobile6866.4%
TypeUnitsShare
1-unit detached8,85481.1%
1-unit attached2242.1%
2 units (duplex)840.8%
3–4 units2602.4%
5–9 units1521.4%
10–19 units1131.0%
20–49 units1641.5%
50+ units1941.8%
Mobile6866.3%

2–4 unit share 3.2% · 5–49 unit share 3.9% · combined 2–49 7.1%.

Units by bedrooms

Studio
292
1BR
662
2BR
2,951
3BR
4,646
4BR
1,897
5+
472

Rent burden

Rent ≥30% of income44.1%
Rent ≥50% of income22.0%
  • ACS median gross rent $1,132 (all bedrooms, occupied rentals).
  • Median contract rent $998.
  • Renters paying ≥30% of income 44.1%; ≥50% 22.0%.
  • FY2027 2BR SAFMR $1,480 (1.307× ACS median gross rent).

Population

19,430 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.7%.

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

Assisted inventory

  • LIHTC: 2 projects, 224 units.
  • 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 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 86305 19.0% of occupied households are renters; vacancy is 13.8%; ACS median gross rent is $1,132; population increased +6.7% between the 2018 and 2023 ACS vintages; the housing stock includes 344 units in 2–4-unit structures and 429 units in 5–49-unit structures; 2 LIHTC projects totaling 224 units; FY2027 2BR SAFMR is $1,480 versus ACS median gross rent of $1,132. 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 86305 is a Census / HUD profile for Prescott Valley-Prescott, 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 86305?

ZIP 86305 (Prescott Valley-Prescott, AZ MSA) has 19,430 residents, 9,409 households, a renter share of 19.0%, median household income of $78,802, and ACS 2023 median gross rent of $1,132. Vacancy is 13.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 86305?

ACS counts 84 units in 2-unit buildings, 260 in 3–4 unit buildings, 152 in 5–9, 113 in 10–19, and 164 in 20–49. Combined 2–49 unit stock is 773 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 86305?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,480. See the full schedule and 90–110% payment-standard band on the ZIP 86305 — Prescott, AZ HUD Section 8 Payment Standards / SAFMR.

Does this Arizona ZIP profile include Georgia listings?

No. ZIP 86305 is Census / HUD research for Prescott Valley-Prescott, 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.