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Phoenix city, AZ

ZIP 85050 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 85050

Median Home Value
$564,200
Median Rent
$1,954
Affordability Snapshot
$155,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,624/mo PITI).

17%
Rent-to-Income Ratio

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

4.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

24.1 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 85050 in Phoenix city, AZ, a household would need roughly $155,000 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 $3,624. That is roughly in line with the local median household income ($137,389). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
79.5%+22% vs US avg
x
Vacancy Rate
4.1%-60% vs US avg
x
Broadband Access
97.0%+11% vs US avg
x
4+ Bedrooms
7.6%-49% vs US avg
x
Built Pre-1939
0.2%-98% vs US avg
x
Built Post-2014
2.1%-69% vs US avg
x
Rent Burden >30%
13.9%-72% vs US avg
x
Mortgage-Free
30.4%-20% vs US avg
x
$564,200
Home Value
$1,954
Rent
1999
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached75.9%
  • 1-unit attached2.0%
  • 2-9 units4.6%
  • 10+ units8.8%
  • Mobile home & other8.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$564,200
Median rent$1,954
Owner-occupied79.5%
Vacant4.1%
Price-to-income4.1x
Est. income to buy$155,000