ZIP 85008
Phoenix, AZ
Data based on listings and public records observed by Rufus. May not represent the entire market.
ZIP 85008 covers 38 tracked apartment buildings totaling 7,607 units in Phoenix, AZ, with an average asking rent of $1,457 — close to the national median for this ZIP code. Asking rents span $720 to $3,175 across the available inventory. Occupancy of 92.2% is in line with a healthy stabilized market.
The for-sale market in this ZIP code shows a median asking price of $415,000 ($315 per square foot). For-sale listings sit on the market for an average of 76 days. As of the most recent snapshot Rufus is tracking 107 active listings. HMDA mortgage data for the county covering Phoenix shows an average loan amount of $470,357 at an average interest rate of 6.54%. 216,472 loans were originated in the most recent reporting year, a denial rate close to the national average.
Rufus refreshes this ZIP code snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.
Building Vintage
Largest Buildings
| Property | Units | Built | Avg Rent |
|---|---|---|---|
| Portola Red Mountain | N/A | 2023 | $2,152 |
| Palazzo Townhomes | N/A | 2004 | $2,037 |
| Modena | 768 | 1987 | $1,607 |
| Valencia Park | 461 | 1983 | $891 |
| Hangar 44 | 452 | 2023 | $1,800 |
| The Urban | 435 | 2004 | $1,301 |
| Oxford Apartments | 432 | 2000 | $1,393 |
| Arcadia Cove | 432 | 1996 | $1,638 |
| Cortland Red Mountain | 368 | 2002 | $1,737 |
| SolVida Central | 368 | 2002 | $1,755 |