Housing market/Arizona/ZIP 85053

ACS 2023 · FY2027 SAFMR

ZIP 85053 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
29,719
Households
11,579
Median HH income
$66,870
Renter share
38.6%
Median gross rent
$1,385
Vacancy
3.5%
Pop. change
-0.9%
2BR SAFMR
$1,470
SAFMR / rent
1.061×
2–49 unit stock
2,832
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 85053 · AZ — sent to you.

ZIP 85053 · AZ

ACS median rent$1,385
2BR SAFMR$1,470
90% floor$1,323
110% ceiling$1,617

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

Housing stock

ACS 2023 units-in-structure · ZCTA 85053

  • 1-unit detached7,58663.2%
  • 1-unit attached7516.3%
  • 2–4 units4473.7%
  • 5–49 units2,38519.9%
  • 50+ units8216.8%
  • Mobile60.1%
TypeUnitsShare
1-unit detached7,58663.2%
1-unit attached7516.3%
2 units (duplex)120.1%
3–4 units4353.6%
5–9 units9738.1%
10–19 units1,0358.6%
20–49 units3773.1%
50+ units8216.8%
Mobile60.0%

2–4 unit share 3.7% · 5–49 unit share 19.9% · combined 2–49 23.6%.

Units by bedrooms

Studio
236
1BR
1,425
2BR
3,581
3BR
4,326
4BR
2,048
5+
387

Rent burden

Rent ≥30% of income57.0%
Rent ≥50% of income26.2%
  • ACS median gross rent $1,385 (all bedrooms, occupied rentals).
  • Median contract rent $1,181.
  • Renters paying ≥30% of income 57.0%; ≥50% 26.2%.
  • FY2027 2BR SAFMR $1,470 (1.061× ACS median gross rent).

Population

29,719 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -0.9%.

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 85053 38.6% of occupied households are renters; vacancy is 3.5%; ACS median gross rent is $1,385; population changed -0.9% between the 2018 and 2023 ACS vintages; the housing stock includes 447 units in 2–4-unit structures and 2,385 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,470 versus ACS median gross rent of $1,385. 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 85053 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 85053?

ZIP 85053 (Phoenix-Mesa-Chandler, AZ MSA) has 29,719 residents, 11,579 households, a renter share of 38.6%, median household income of $66,870, and ACS 2023 median gross rent of $1,385. Vacancy is 3.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 85053?

ACS counts 12 units in 2-unit buildings, 435 in 3–4 unit buildings, 973 in 5–9, 1,035 in 10–19, and 377 in 20–49. Combined 2–49 unit stock is 2,832 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 85053?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,470. See the full schedule and 90–110% payment-standard band on the ZIP 85053 — Phoenix, AZ HUD Section 8 Payment Standards / SAFMR.

Does this Arizona ZIP profile include Georgia listings?

No. ZIP 85053 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.