Housing market/Arizona/ZIP 85044

ACS 2023 · FY2027 SAFMR

ZIP 85044 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
40,419
Households
17,771
Median HH income
$96,374
Renter share
37.7%
Median gross rent
$1,798
Vacancy
5.6%
Pop. change
-2.5%
2BR SAFMR
$2,030
SAFMR / rent
1.129×
2–49 unit stock
3,407
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 85044 · AZ — sent to you.

ZIP 85044 · AZ

ACS median rent$1,798
2BR SAFMR$2,030
90% floor$1,827
110% ceiling$2,233

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

Housing stock

ACS 2023 units-in-structure · ZCTA 85044

  • 1-unit detached11,50361.1%
  • 1-unit attached1,4377.6%
  • 2–4 units9054.8%
  • 5–49 units2,50213.3%
  • 50+ units2,36812.6%
  • Mobile1020.5%
TypeUnitsShare
1-unit detached11,50361.1%
1-unit attached1,4377.6%
2 units (duplex)350.2%
3–4 units8704.6%
5–9 units1,1286.0%
10–19 units9825.2%
20–49 units3922.1%
50+ units2,36812.6%
Mobile1020.5%

2–4 unit share 4.8% · 5–49 unit share 13.3% · combined 2–49 18.1%.

Units by bedrooms

Studio
493
1BR
1,914
2BR
5,424
3BR
6,533
4BR
3,572
5+
881

Rent burden

Rent ≥30% of income54.0%
Rent ≥50% of income23.4%
  • ACS median gross rent $1,798 (all bedrooms, occupied rentals).
  • Median contract rent $1,628.
  • Renters paying ≥30% of income 54.0%; ≥50% 23.4%.
  • FY2027 2BR SAFMR $2,030 (1.129× ACS median gross rent).

Population

40,419 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.5%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • 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 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 85044 37.7% of occupied households are renters; vacancy is 5.6%; ACS median gross rent is $1,798; population changed -2.5% between the 2018 and 2023 ACS vintages; the housing stock includes 905 units in 2–4-unit structures and 2,502 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,030 versus ACS median gross rent of $1,798. 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 85044 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 85044?

ZIP 85044 (Phoenix-Mesa-Chandler, AZ MSA) has 40,419 residents, 17,771 households, a renter share of 37.7%, median household income of $96,374, and ACS 2023 median gross rent of $1,798. Vacancy is 5.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 85044?

ACS counts 35 units in 2-unit buildings, 870 in 3–4 unit buildings, 1,128 in 5–9, 982 in 10–19, and 392 in 20–49. Combined 2–49 unit stock is 3,407 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 85044?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,030. See the full schedule and 90–110% payment-standard band on the ZIP 85044 — Phoenix, AZ HUD Section 8 Payment Standards / SAFMR.

Does this Arizona ZIP profile include Georgia listings?

No. ZIP 85044 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.