Housing market/Arizona/ZIP 85381

ACS 2023 · FY2027 SAFMR

ZIP 85381 Peoria, 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
26,895
Households
10,553
Median HH income
$94,442
Renter share
34.1%
Median gross rent
$1,726
Vacancy
7.4%
Pop. change
+5.7%
2BR SAFMR
$1,760
SAFMR / rent
1.020×
2–49 unit stock
1,593
LIHTC proj / units
1 / 156
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 85381 · AZ — sent to you.

ZIP 85381 · AZ

ACS median rent$1,726
2BR SAFMR$1,760
90% floor$1,584
110% ceiling$1,936

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

Housing stock

ACS 2023 units-in-structure · ZCTA 85381

  • 1-unit detached7,39864.9%
  • 1-unit attached5334.7%
  • 2–4 units1491.3%
  • 5–49 units1,44412.7%
  • 50+ units1,85016.2%
  • Mobile190.2%
TypeUnitsShare
1-unit detached7,39864.9%
1-unit attached5334.7%
2 units (duplex)250.2%
3–4 units1241.1%
5–9 units5484.8%
10–19 units4453.9%
20–49 units4514.0%
50+ units1,85016.2%
Mobile190.2%

2–4 unit share 1.3% · 5–49 unit share 12.7% · combined 2–49 14.0%.

Units by bedrooms

Studio
362
1BR
1,258
2BR
2,288
3BR
3,501
4BR
3,121
5+
863

Rent burden

Rent ≥30% of income56.0%
Rent ≥50% of income29.8%
  • ACS median gross rent $1,726 (all bedrooms, occupied rentals).
  • Median contract rent $1,605.
  • Renters paying ≥30% of income 56.0%; ≥50% 29.8%.
  • FY2027 2BR SAFMR $1,760 (1.020× ACS median gross rent).

Population

26,895 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +5.7%.

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

Assisted inventory

  • LIHTC: 1 projects, 156 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 85381 34.1% of occupied households are renters; vacancy is 7.4%; ACS median gross rent is $1,726; population increased +5.7% between the 2018 and 2023 ACS vintages; the housing stock includes 149 units in 2–4-unit structures and 1,444 units in 5–49-unit structures; 1 LIHTC projects totaling 156 units; FY2027 2BR SAFMR is $1,760 versus ACS median gross rent of $1,726. 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 85381 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 85381?

ZIP 85381 (Phoenix-Mesa-Chandler, AZ MSA) has 26,895 residents, 10,553 households, a renter share of 34.1%, median household income of $94,442, and ACS 2023 median gross rent of $1,726. Vacancy is 7.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 85381?

ACS counts 25 units in 2-unit buildings, 124 in 3–4 unit buildings, 548 in 5–9, 445 in 10–19, and 451 in 20–49. Combined 2–49 unit stock is 1,593 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 85381?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,760. See the full schedule and 90–110% payment-standard band on the ZIP 85381 — Peoria, AZ HUD Section 8 Payment Standards / SAFMR.

Does this Arizona ZIP profile include Georgia listings?

No. ZIP 85381 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.