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Housing market/Arizona/ZIP 85017

ACS 2023 · FY2027 SAFMR

ZIP 85017 Phoenix, 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
44,336
Households
11,920
Median HH income
$51,737
Renter share
55.5%
Median gross rent
$1,197
Vacancy
6.5%
Pop. change
+5.6%
2BR SAFMR
$1,380
SAFMR / rent
1.153×
2–49 unit stock
4,556
LIHTC proj / units
3 / 377
HUD assisted MF
2 / 61

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 85017 · AZ — sent to you.

ZIP 85017 · AZ

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ACS rent vs 2BR SAFMR

ZIP 85017 — Phoenix, AZ HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,197
2BR SAFMR$1,380
90% floor$1,242
110% ceiling$1,518

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

Housing stock

ACS 2023 units-in-structure · ZCTA 85017

  • 1-unit detached6,19548.6%
  • 1-unit attached5544.3%
  • 2–4 units8867.0%
  • 5–49 units3,67028.8%
  • 50+ units8346.5%
  • Mobile6044.7%
TypeUnitsShare
1-unit detached6,19548.6%
1-unit attached5544.3%
2 units (duplex)1831.4%
3–4 units7035.5%
5–9 units7165.6%
10–19 units1,30910.3%
20–49 units1,64512.9%
50+ units8346.5%
Mobile6044.7%

2–4 unit share 7.0% · 5–49 unit share 28.8% · combined 2–49 35.8%.

Units by bedrooms

Studio
677
1BR
2,258
2BR
4,124
3BR
3,805
4BR
1,637
5+
242

Rent burden

Rent ≥30% of income49.9%
Rent ≥50% of income29.1%
  • ACS median gross rent $1,197 (all bedrooms, occupied rentals).
  • Median contract rent $1,038.
  • Renters paying ≥30% of income 49.9%; ≥50% 29.1%.
  • FY2027 2BR SAFMR $1,380 (1.153× ACS median gross rent).

Population

44,336 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +5.6%.

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

Assisted inventory

  • LIHTC: 3 projects, 377 units.
  • HUD project-based assisted MF: 2 properties, 61 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 85017 55.5% of occupied households are renters; vacancy is 6.5%; ACS median gross rent is $1,197; population increased +5.6% between the 2018 and 2023 ACS vintages; the housing stock includes 886 units in 2–4-unit structures and 3,670 units in 5–49-unit structures; 3 LIHTC projects totaling 377 units; FY2027 2BR SAFMR is $1,380 versus ACS median gross rent of $1,197. 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 85017 is a Census / HUD profile for Phoenix-Mesa-Chandler, AZ. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 85017 — Phoenix, 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 85017?

ZIP 85017 (Phoenix-Mesa-Chandler, AZ MSA) has 44,336 residents, 11,920 households, a renter share of 55.5%, median household income of $51,737, and ACS 2023 median gross rent of $1,197. Vacancy is 6.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 85017?

ACS counts 183 units in 2-unit buildings, 703 in 3–4 unit buildings, 716 in 5–9, 1,309 in 10–19, and 1,645 in 20–49. Combined 2–49 unit stock is 4,556 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 85017?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,380. See the full schedule and 90–110% payment-standard band on the ZIP 85017 — Phoenix, AZ HUD Section 8 Payment Standards / SAFMR.

Does this Arizona ZIP profile include Georgia listings?

No. ZIP 85017 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.