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Phoenix city, AZ

ZIP 85017 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 85017

Median Home Value
$242,900
Median Rent
$1,038
Affordability Snapshot
$67,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,560/mo PITI).

24%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

19.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 85017 in Phoenix city, AZ, a household would need roughly $67,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,560. That is about 30% above the local median household income ($51,737), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
44.5%-32% vs US avg
x
Vacancy Rate
6.5%-37% vs US avg
x
Broadband Access
84.6%-3% vs US avg
x
4+ Bedrooms
1.9%-87% vs US avg
x
Built Pre-1939
3.1%-76% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
29.1%-41% vs US avg
x
Mortgage-Free
45.6%+19% vs US avg
x
$242,900
Home Value
$1,038
Rent
1968
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached48.6%
  • 1-unit attached4.3%
  • 2-9 units12.6%
  • 10+ units29.7%
  • Mobile home & other4.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$242,900
Median rent$1,038
Owner-occupied44.5%
Vacant6.5%
Price-to-income4.7x
Est. income to buy$67,000