Housing market/Arizona/ZIP 85041

ACS 2023 · FY2027 SAFMR

ZIP 85041 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
63,881
Households
18,737
Median HH income
$70,555
Renter share
26.6%
Median gross rent
$1,612
Vacancy
5.0%
Pop. change
+2.2%
2BR SAFMR
$1,790
SAFMR / rent
1.110×
2–49 unit stock
945
LIHTC proj / units
11 / 1,362
HUD assisted MF
2 / 60

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 85041 · AZ — sent to you.

ZIP 85041 · AZ

ACS median rent$1,612
2BR SAFMR$1,790
90% floor$1,611
110% ceiling$1,969

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

Housing stock

ACS 2023 units-in-structure · ZCTA 85041

  • 1-unit detached16,90985.7%
  • 1-unit attached2181.1%
  • 2–4 units4402.2%
  • 5–49 units5052.6%
  • 50+ units4582.3%
  • Mobile1,1996.1%
TypeUnitsShare
1-unit detached16,90985.7%
1-unit attached2181.1%
2 units (duplex)1550.8%
3–4 units2851.4%
5–9 units3451.7%
10–19 units480.2%
20–49 units1120.6%
50+ units4582.3%
Mobile1,1996.1%

2–4 unit share 2.2% · 5–49 unit share 2.6% · combined 2–49 4.8%.

Units by bedrooms

Studio
331
1BR
733
2BR
1,976
3BR
9,281
4BR
6,517
5+
891

Rent burden

Rent ≥30% of income47.3%
Rent ≥50% of income25.5%
  • ACS median gross rent $1,612 (all bedrooms, occupied rentals).
  • Median contract rent $1,324.
  • Renters paying ≥30% of income 47.3%; ≥50% 25.5%.
  • FY2027 2BR SAFMR $1,790 (1.110× ACS median gross rent).

Population

63,881 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.2%.

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

Assisted inventory

  • LIHTC: 11 projects, 1,362 units.
  • HUD project-based assisted MF: 2 properties, 60 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 85041 26.6% of occupied households are renters; vacancy is 5.0%; ACS median gross rent is $1,612; population increased +2.2% between the 2018 and 2023 ACS vintages; the housing stock includes 440 units in 2–4-unit structures and 505 units in 5–49-unit structures; 11 LIHTC projects totaling 1,362 units; FY2027 2BR SAFMR is $1,790 versus ACS median gross rent of $1,612. 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 85041 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 85041?

ZIP 85041 (Phoenix-Mesa-Chandler, AZ MSA) has 63,881 residents, 18,737 households, a renter share of 26.6%, median household income of $70,555, and ACS 2023 median gross rent of $1,612. Vacancy is 5.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 85041?

ACS counts 155 units in 2-unit buildings, 285 in 3–4 unit buildings, 345 in 5–9, 48 in 10–19, and 112 in 20–49. Combined 2–49 unit stock is 945 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 85041?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,790. See the full schedule and 90–110% payment-standard band on the ZIP 85041 — Phoenix, AZ HUD Section 8 Payment Standards / SAFMR.

Does this Arizona ZIP profile include Georgia listings?

No. ZIP 85041 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.