ZIP 85031
Phoenix, AZ
Data based on listings and public records observed by Rufus. May not represent the entire market.
ZIP 85031 covers 6 tracked apartment buildings totaling 1,184 units in Phoenix, AZ, with an average asking rent of $1,132 — well below the national median for this ZIP code. Asking rents span $679 to $1,718 across the available inventory. Reported occupancy is 89.8%, 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 $299,000 ($188 per square foot). For-sale listings sit on the market for an average of 67 days. As of the most recent snapshot Rufus is tracking 27 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 |
|---|---|---|---|
| Cove on 44th | 256 | 1983 | $950 |
| Glenrosa Park | 236 | 1980 | $1,107 |
| Morada Grande | 200 | 2001 | $1,448 |
| Aspire West Phoenix | 180 | 1977 | $851 |
| Solei on West Thomas | 156 | 1984 | $966 |
| Solei on West Thomas Apartments | 156 | 1984 | $1,079 |