ZIP 85054

Phoenix, AZ

Data based on listings and public records observed by Rufus. May not represent the entire market.

ZIP 85054 covers 12 tracked apartment buildings totaling 3,840 units in Phoenix, AZ, with an average asking rent of $2,196 — above the national median for this ZIP code. Asking rents span $1,399 to $3,970 across the available inventory. Reported occupancy is 90.9%, softer than most stabilized markets and consistent with active leasing concessions.

The for-sale market in this ZIP code shows a median asking price of $709,999 ($439 per square foot). For-sale listings sit on the market for an average of 168 days. As of the most recent snapshot Rufus is tracking 67 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.

Last updated 2026-07-24 · Tracked since 2025-09-05
Avg Rent
$2,196
$1,399 – $3,970
Buildings
12
Total Units
3,840
Est. Occupancy
90.9%
350 vacant (observed)

Building Vintage

2000-2014
5
2015+
7

Largest Buildings

PropertyUnitsBuiltAvg Rent
Desert Club4962003$1,825
Elysium3782025$2,719
Elysium Apartments3782025$2,734
IMT Desert Ridge3702014$1,915
Maxwell on 66th3492019$2,074
56 North3442015$1,877
Ninety Degrees3372009$1,692
Montreux3352019$2,249
Slate Scottsdale2782016$2,234
Sunela2722023$2,273
Last updated: 2026-07-19
Median Asking Price
$709,999
Median Size
1,780 sqft
Price per Sqft
$439
Avg Days on Market
168 days
Active Listings
67

Home Type Breakdown

Condo58.2%(39)
Single Family31.3%(21)
Townhome10.4%(7)
Source: HMDA / CFPB

Mortgage data is reported at the county level and may cover a broader area than the ZIP, city, or metro shown.

Avg Loan Amount
$470,357
Avg Property Value
$623,043
Avg Applicant Income
$179,861
Denial Rate
10.5%
Avg Interest Rate
6.54%
Originations
216,472

Loan Type Breakdown

Conventional70.7%
FHA21.3%
VA8%