US5.com
  1. Home
  2. States
  3. Arizona
  4. ZIP 85014
  5. Housing & Real Estate
Phoenix city, AZ

ZIP 85014 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 85014

Median Home Value
$447,500
Median Rent
$1,234
Affordability Snapshot
$123,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,875/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.4x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

30.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 85014 in Phoenix city, AZ, a household would need roughly $123,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,875. That is about 76% above the local median household income ($69,995), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
40.6%-38% vs US avg
x
Vacancy Rate
10.4%+1% vs US avg
x
Broadband Access
89.1%+2% vs US avg
x
4+ Bedrooms
0.9%-94% vs US avg
x
Built Pre-1939
6.0%-54% vs US avg
x
Built Post-2014
1.8%-74% vs US avg
x
Rent Burden >30%
21.9%-56% vs US avg
x
Mortgage-Free
25.1%-34% vs US avg
x
$447,500
Home Value
$1,234
Rent
1974
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached32.0%
  • 1-unit attached8.8%
  • 2-9 units18.2%
  • 10+ units40.3%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$447,500
Median rent$1,234
Owner-occupied40.6%
Vacant10.4%
Price-to-income6.4x
Est. income to buy$123,000