Direct recent-lease rent history
Monthly overall-rent index; missing observations are not filled from another geography.
FIPS 04013 · population 4,559,748 · part of Phoenix, AZ
The latest county-level Zillow ZORI is $1,729 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $1,457 | Maricopa County, AZ | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $1,583 | Maricopa County, AZ | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $1,839 | Maricopa County, AZ | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $2,452 | Maricopa County, AZ | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $2,720 | Maricopa County, AZ | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 04013. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Maricopa County’s underwriting tension is a middling income case against conflicting price signals. Zillow’s 2026-06 county median home value was $461,315, down 1.51% year over year, while median asking rent was $1,729; the supplied gross yield is 4.5% before costs. This merits investigation by an investor seeking current income who can verify property-level expenses, but caution for anyone underwriting appreciation or treating county evidence as a proxy for every Phoenix-area asset.
Measured rent must stay separate from HUD: the two-bedroom FMR was $1,839, a payment standard rather than an asking-rent estimate. The 0.44% effective property-tax rate and $1,983 median annual tax reduce the gross-yield cushion before insurance, repairs, vacancy, management, and financing. FHFA’s annual 2025 repeat-transaction HPI rose 0.65%; it is an appreciation index, not a home value, and its vintage and method must not be averaged with Zillow’s observation. Realtor.com’s 2026-06 median listing price fell 6.07% annually, while 28.89% of listings had price reductions. Those are MLS asking-market signals, not closed-sale proof; they point to negotiation risk rather than establish buyer demand.
Demand evidence is constructive but bounded. Net migration was positive, and inbound movers had higher average AGI than outbound movers, supporting investigation of tenant depth without proving persistence. QCEW’s 2025 covered employment grew 0.26% and average weekly wages rose 3.38%; these are workplace-based annual covered-job and covered-worker measures, not resident employment, unemployment, a forecast, or the Phoenix metro series. Investors represented 3,751 of 54,311 purchase mortgages, or 6.91%: participation is visible, but the minority share does not establish intense buyer competition.
Inland flood is the key risk limit. The modeled annual climate-loss ratio is 0.16% of building value, but that is not a parcel-specific repair bill or insurance quote. Next checks should include the subject’s flood zone and drainage, insurance availability and deductibles, leases and rent roll, operating expenses, vacancy, maintenance, financing, and closed-sale comparables. The record lacks those property-level facts; therefore it cannot convert gross yield into net return, validate the asking-rent assumption for the subject, or confirm that county price evidence fits the asset.
This view uses 12 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.
Among the 12 selected ZIP/ZCTA matches, June 2026 Zillow ZORI—the typical observed asking-rent index—runs from $1,140 to $2,020. Its selected-set median is $1,424, producing an $880 spread, while the Maricopa County ZORI is $1,729. That dispersion makes the practical renter question a trade-off rather than a search for one county figure: does a candidate unit meet the household's budget and bedroom need while offering acceptable current availability? The selected matches were ordered by renter households, so their range is a focused direct-evidence screen, not an estimate of every county ZIP or a ranking of locations.
Keep the three rent measures on separate tracks. Zillow ZORI is a current typical observed asking-rent index. ACS 2024 five-year ZCTA median gross rent, a survey estimate of rents paid, ranges from $1,287 to $1,867 in the selected set; the county ACS figure is $1,708. FY2026 HUD two-bedroom FMR, an administrative standard rather than an asking rent, ranges from $1,550 to $2,200, versus $1,839 countywide. These series have different timing, unit concepts, and purposes. They can frame separate questions—market asking conditions, reported household rent, and program-standard comparison—but should not be averaged or converted into a single rent level.
Affordability and availability indicators further complicate simple low-to-high rent sorting. County ACS reports 52.6% of renter households paying 30% or more of income toward gross rent and an 8.2% vacancy rate. Across the selected ZCTAs, the burden share ranges from 39.4% to 56.8%, while survey vacancy ranges from 4.3% to 16.8%. ZIP 85251 pairs the selected set's $2,020 ZORI with 16.8% vacancy and a 39.4% burden share; elsewhere, a $1,384 index coincides with a 56.8% burden share. This descriptive contrast does not establish a relationship. Vacancy is not active-listing inventory, a concession measure, or proof of easier approval; use it with burden to identify questions for a current unit search.
The mapping and selection impose real limits. All shown matches have a 100% primary-county residential-address share, but ZIPs can cross county lines and display assignment follows the largest HUD residential-address share. The 12 shown matches are drawn from 110 eligible direct-evidence matches and cover 152,970 renter households; they are not a countywide inventory. Census ZCTAs are statistical areas, not USPS delivery ZIPs. Before acting on a property, confirm the active listing's rent and availability date, bedroom count, lease term, utilities and recurring fees, deposits, income and credit requirements, and the unit-specific terms used for any program or affordability comparison.
110 ZIP profiles passed the county gate; the 12 with the most renter households are shown.
| ZIP / ZCTA | Zillow asking rent | ACS gross rent | HUD 2BR | Burden 30%+ | Vacancy | Income screen | HUD county share |
|---|---|---|---|---|---|---|---|
| 85281 → | $1,687 | $1,677 | $2,010 | 48.7% | 13.7% | $67k | 100.0% |
| 85008 → | $1,418 | $1,403 | $1,640 | 43.2% | 7.9% | $57k | 100.0% |
| 85301 → | $1,140 | $1,324 | $1,550 | 55.9% | 6.8% | $46k | 100.0% |
| 85201 | $1,326 | $1,445 | $1,670 | 48.2% | 8.9% | $53k | 100.0% |
| 85282 | $1,584 | $1,745 | $2,010 | 54.6% | 7.9% | $63k | 100.0% |
| 85032 | $1,639 | $1,609 | $1,750 | 44.9% | 5.1% | $66k | 100.0% |
| 85022 | $1,384 | $1,623 | $1,980 | 56.8% | 5.9% | $55k | 100.0% |
| 85251 | $2,020 | $1,867 | $2,200 | 39.4% | 16.8% | $81k | 100.0% |
| 85225 | $1,779 | $1,738 | $1,910 | 44.2% | 4.3% | $71k | 100.0% |
| 85015 | $1,247 | $1,287 | $1,560 | 55.3% | 10.1% | $50k | 100.0% |
| 85021 | $1,220 | $1,313 | $1,590 | 52.9% | 7.2% | $49k | 100.0% |
| 85204 | $1,430 | $1,566 | $1,700 | 53.0% | 5.0% | $57k | 100.0% |
Open a five-digit report for asking rent, affordability, rent history and resale liquidity. Each row keeps its ZIP/ZCTA measurement scope.
| ZIP report | City label | Zillow rent | 1Y change | ACS burden 30%+ | Population |
|---|---|---|---|---|---|
| ZIP 85249 rental reportMaricopa County | Chandler, AZ | $2,654 | ▼ 0.0% | 31.2% | 48,746 |
| ZIP 85298 rental reportMaricopa County | Gilbert, AZ | $2,617 | ▲ 0.2% | 39.1% | 44,114 |
| ZIP 85254 rental reportMaricopa County | Scottsdale, AZ | $2,608 | ▲ 4.5% | 47.3% | 45,558 |
| ZIP 85050 rental reportMaricopa County | Phoenix, AZ | $2,574 | ▲ 2.5% | 45.9% | 33,118 |
| ZIP 85255 rental reportMaricopa County | Scottsdale, AZ | $2,327 | ▼ 1.0% | 42.5% | 45,346 |
| ZIP 85383 rental reportMaricopa County | Peoria, AZ | $2,317 | ▼ 1.9% | 53.8% | 74,390 |
| ZIP 85207 rental reportMaricopa County | Mesa, AZ | $2,267 | ▲ 5.3% | 50.3% | 51,178 |
| ZIP 85041 rental reportMaricopa County | Phoenix, AZ | $2,207 | ▲ 0.7% | 41.8% | 63,862 |
| ZIP 85212 rental reportMaricopa County | Mesa, AZ | $2,204 | ▲ 1.5% | 57.3% | 55,283 |
| ZIP 85297 rental reportMaricopa County | Gilbert, AZ | $2,197 | ▲ 0.1% | 51.1% | 37,475 |
| ZIP 85248 rental reportMaricopa County | Chandler, AZ | $2,169 | ▲ 1.3% | 53.3% | 37,095 |
| ZIP 85142 rental reportMaricopa County | Queen Creek, AZ | $2,148 | ▲ 1.3% | 50.3% | 93,700 |
| ZIP 85339 rental reportMaricopa County | Phoenix, AZ | $2,133 | ▼ 0.3% | 39.6% | 54,641 |
| ZIP 85233 rental reportMaricopa County | Gilbert, AZ | $2,131 | ▲ 3.9% | 44.1% | 39,077 |
| ZIP 85286 rental reportMaricopa County | Chandler, AZ | $2,119 | ▲ 0.0% | 42.3% | 50,621 |
| ZIP 85260 rental reportMaricopa County | Scottsdale, AZ | $2,084 | ▲ 2.0% | 55.1% | 39,896 |
| ZIP 85296 rental reportMaricopa County | Gilbert, AZ | $2,047 | ▼ 2.1% | 36.8% | 53,076 |
| ZIP 85251 rental reportMaricopa County | Scottsdale, AZ | $2,020 | ▲ 1.8% | 39.4% | 40,780 |
| ZIP 85043 rental reportMaricopa County | Phoenix, AZ | $1,970 | ▲ 2.8% | 46.0% | 41,331 |
| ZIP 85257 rental reportMaricopa County | Scottsdale, AZ | $1,958 | ▲ 2.2% | 42.2% | 29,812 |
| ZIP 85208 rental reportMaricopa County | Mesa, AZ | $1,943 | ▲ 1.3% | 43.3% | 37,225 |
| ZIP 85226 rental reportMaricopa County | Chandler, AZ | $1,906 | ▲ 1.3% | 40.8% | 42,294 |
| ZIP 85345 rental reportMaricopa County | Peoria, AZ | $1,857 | ▲ 1.7% | 54.9% | 60,918 |
| ZIP 85295 rental reportMaricopa County | Gilbert, AZ | $1,856 | ▼ 1.1% | 52.1% | 56,744 |
| ZIP 85024 rental reportMaricopa County | Phoenix, AZ | $1,847 | ▲ 3.2% | 36.7% | 26,199 |
| ZIP 85234 rental reportMaricopa County | Gilbert, AZ | $1,823 | ▼ 1.7% | 36.8% | 51,283 |
| ZIP 85048 rental reportMaricopa County | Phoenix, AZ | $1,822 | ▼ 2.6% | 47.3% | 34,664 |
| ZIP 85303 rental reportMaricopa County | Glendale, AZ | $1,819 | ▲ 3.6% | 46.2% | 33,663 |
| ZIP 85040 rental reportMaricopa County | Phoenix, AZ | $1,802 | ▼ 1.8% | 44.9% | 34,117 |
| ZIP 85382 rental reportMaricopa County | Peoria, AZ | $1,800 | ▲ 1.4% | 57.0% | 43,729 |
| ZIP 85225 rental reportMaricopa County | Chandler, AZ | $1,779 | ▲ 0.5% | 44.2% | 72,297 |
| ZIP 85209 rental reportMaricopa County | Mesa, AZ | $1,775 | ▼ 0.2% | 53.6% | 43,150 |
| ZIP 85224 rental reportMaricopa County | Chandler, AZ | $1,754 | ▲ 0.1% | 48.2% | 47,963 |
| ZIP 85205 rental reportMaricopa County | Mesa, AZ | $1,753 | ▼ 0.5% | 54.5% | 45,116 |
| ZIP 85037 rental reportMaricopa County | Phoenix, AZ | $1,736 | ▲ 0.2% | 45.3% | 54,608 |
| ZIP 85085 rental reportMaricopa County | Phoenix, AZ | $1,732 | ▼ 1.0% | 41.0% | 31,458 |
| ZIP 85016 rental reportMaricopa County | Phoenix, AZ | $1,698 | ▲ 1.2% | 46.1% | 37,074 |
| ZIP 85042 rental reportMaricopa County | Phoenix, AZ | $1,691 | ▼ 1.8% | 55.3% | 45,903 |
| ZIP 85281 rental reportMaricopa County | Tempe, AZ | $1,687 | ▼ 2.3% | 48.7% | 72,762 |
| ZIP 85213 rental reportMaricopa County | Mesa, AZ | $1,669 | ▲ 1.7% | 48.4% | 36,836 |
| ZIP 85308 rental reportMaricopa County | Glendale, AZ | $1,662 | ▼ 0.0% | 52.6% | 65,095 |
| ZIP 85032 rental reportMaricopa County | Phoenix, AZ | $1,639 | ▲ 0.3% | 44.9% | 70,839 |
| ZIP 85206 rental reportMaricopa County | Mesa, AZ | $1,626 | ▼ 3.0% | 52.7% | 37,235 |
| ZIP 85018 rental reportMaricopa County | Phoenix, AZ | $1,616 | ▲ 1.3% | 51.4% | 37,297 |
| ZIP 85282 rental reportMaricopa County | Tempe, AZ | $1,584 | ▼ 0.4% | 54.6% | 53,624 |
| ZIP 85283 rental reportMaricopa County | Tempe, AZ | $1,569 | ▲ 0.6% | 49.8% | 47,459 |
| ZIP 85044 rental reportMaricopa County | Phoenix, AZ | $1,540 | ▼ 5.1% | 51.4% | 39,347 |
| ZIP 85013 rental reportMaricopa County | Phoenix, AZ | $1,516 | ▲ 1.9% | 50.2% | 22,490 |
| ZIP 85210 rental reportMaricopa County | Mesa, AZ | $1,453 | ▲ 0.4% | 53.4% | 39,015 |
| ZIP 85027 rental reportMaricopa County | Phoenix, AZ | $1,449 | ▼ 0.6% | 40.2% | 39,487 |
| ZIP 85014 rental reportMaricopa County | Phoenix, AZ | $1,439 | ▲ 0.3% | 53.1% | 25,911 |
| ZIP 85204 rental reportMaricopa County | Mesa, AZ | $1,430 | ▼ 4.7% | 53.0% | 65,155 |
| ZIP 85020 rental reportMaricopa County | Phoenix, AZ | $1,430 | ▼ 1.9% | 49.1% | 34,916 |
| ZIP 85008 rental reportMaricopa County | Phoenix, AZ | $1,418 | ▼ 1.8% | 43.2% | 59,716 |
| ZIP 85202 rental reportMaricopa County | Mesa, AZ | $1,393 | ▲ 1.8% | 56.1% | 38,750 |
| ZIP 85022 rental reportMaricopa County | Phoenix, AZ | $1,384 | ▲ 0.9% | 56.8% | 53,811 |
| ZIP 85302 rental reportMaricopa County | Glendale, AZ | $1,363 | ▼ 1.0% | 55.9% | 40,612 |
| ZIP 85035 rental reportMaricopa County | Phoenix, AZ | $1,354 | ▲ 1.6% | 57.6% | 53,424 |
| ZIP 85203 rental reportMaricopa County | Mesa, AZ | $1,353 | ▲ 0.7% | 58.4% | 38,035 |
| ZIP 85201 rental reportMaricopa County | Mesa, AZ | $1,326 | ▼ 0.4% | 48.2% | 51,400 |
| ZIP 85023 rental reportMaricopa County | Phoenix, AZ | $1,308 | ▼ 1.0% | 60.2% | 35,034 |
| ZIP 85051 rental reportMaricopa County | Phoenix, AZ | $1,275 | ▲ 0.9% | 49.6% | 45,768 |
| ZIP 85053 rental reportMaricopa County | Phoenix, AZ | $1,252 | ▲ 2.0% | 59.1% | 29,773 |
| ZIP 85015 rental reportMaricopa County | Phoenix, AZ | $1,247 | ▼ 0.1% | 55.3% | 41,490 |
| ZIP 85029 rental reportMaricopa County | Phoenix, AZ | $1,234 | ▼ 2.0% | 49.6% | 49,683 |
| ZIP 85021 rental reportMaricopa County | Phoenix, AZ | $1,220 | ▼ 1.9% | 52.9% | 39,828 |
| ZIP 85301 rental reportMaricopa County | Glendale, AZ | $1,140 | ▲ 1.6% | 55.9% | 68,178 |
Zillow ZORI is an asking-rent index. ACS burden and population describe the Census ZCTA; missing observations remain n/a.
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.158% of building value expected lost per year
$1,983 median annual bill
91,115 in · 85,508 out
$88,570 arriving · $78,089 leaving
3,751 of 54,311 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.
| County | Population | Price | Rent | Yield | Hazard |
|---|---|---|---|---|---|
| Maricopa County | 4,559,748 | $461k | $1,729 | 4.5% | inland flooding |
| Pinal County | 469,006 | $364k | $1,839 | 6.1% | inland flooding |
Market rent is published as median asking rent; HUD FMR is a separate two-bedroom payment standard, so it is not used as market rent.
QCEW reports annual average covered jobs located in Maricopa County and average wages for covered workers; it is not resident employment, unemployment, a forecast, or the metro series.
The record lacks property-specific insurance, flood-zone and drainage, leases, vacancy, maintenance, financing, and closed-sale evidence, so net return and subject fit remain unconfirmed.