Housing market/Arizona/ZIP 85203

ACS 2023 · FY2027 SAFMR

ZIP 85203 Mesa, 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
37,435
Households
13,125
Median HH income
$72,851
Renter share
43.4%
Median gross rent
$1,388
Vacancy
6.4%
Pop. change
-4.2%
2BR SAFMR
$1,510
SAFMR / rent
1.088×
2–49 unit stock
3,984
LIHTC proj / units
2 / 113
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 85203 · AZ — sent to you.

ZIP 85203 · AZ

ACS median rent$1,388
2BR SAFMR$1,510
90% floor$1,359
110% ceiling$1,661

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

Housing stock

ACS 2023 units-in-structure · ZCTA 85203

  • 1-unit detached8,15158.6%
  • 1-unit attached6714.8%
  • 2–4 units1,42210.2%
  • 5–49 units2,56218.4%
  • 50+ units5003.6%
  • Mobile6044.3%
TypeUnitsShare
1-unit detached8,15158.1%
1-unit attached6714.8%
2 units (duplex)2321.7%
3–4 units1,1908.5%
5–9 units1,1107.9%
10–19 units1,1678.3%
20–49 units2852.0%
50+ units5003.6%
Mobile6044.3%

2–4 unit share 10.1% · 5–49 unit share 18.3% · combined 2–49 28.4%.

Units by bedrooms

Studio
479
1BR
1,797
2BR
3,848
3BR
4,517
4BR
2,854
5+
525

Rent burden

Rent ≥30% of income54.9%
Rent ≥50% of income25.5%
  • ACS median gross rent $1,388 (all bedrooms, occupied rentals).
  • Median contract rent $1,214.
  • Renters paying ≥30% of income 54.9%; ≥50% 25.5%.
  • FY2027 2BR SAFMR $1,510 (1.088× ACS median gross rent).

Population

37,435 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -4.2%.

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

Assisted inventory

  • LIHTC: 2 projects, 113 units.
  • 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 85203 43.4% of occupied households are renters; vacancy is 6.4%; ACS median gross rent is $1,388; population changed -4.2% between the 2018 and 2023 ACS vintages; the housing stock includes 1,422 units in 2–4-unit structures and 2,562 units in 5–49-unit structures; 2 LIHTC projects totaling 113 units; FY2027 2BR SAFMR is $1,510 versus ACS median gross rent of $1,388. 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 85203 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 85203?

ZIP 85203 (Phoenix-Mesa-Chandler, AZ MSA) has 37,435 residents, 13,125 households, a renter share of 43.4%, median household income of $72,851, and ACS 2023 median gross rent of $1,388. Vacancy is 6.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 85203?

ACS counts 232 units in 2-unit buildings, 1,190 in 3–4 unit buildings, 1,110 in 5–9, 1,167 in 10–19, and 285 in 20–49. Combined 2–49 unit stock is 3,984 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 85203?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,510. See the full schedule and 90–110% payment-standard band on the ZIP 85203 — Mesa, AZ HUD Section 8 Payment Standards / SAFMR.

Does this Arizona ZIP profile include Georgia listings?

No. ZIP 85203 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.