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Rental Insights for ZIP Code 85145 (Red Rock, AZ)

Housing Rentals in ZIP Code 85145 (Red Rock, AZ)

85145 ZIP Code in Arizona

Everything to Know About Rentals in the U.S. ZIP Code 85145

ZIP Code 85145 is primarily associated with Red Rock, AZ in Pinal County. The median housing rent payment in this region of Arizona is $1,148 per month. Approximately 17.6% of housing units in this Pinal County ZIP Code are renter-occupied, and the region has an estimated rental vacancy rate of zero.

The median rent in ZIP Code 85145 of $1,148 per month is 9% higher than the aggregate Arizona median monthly rent of $1,052, and is 8% higher than the $1,062 the median monthly rent in the U.S. overall. About 70.1% of residents in ZIP Code 85145 pay between $1,000 and $1,499 per month for rent. That is 89% higher than in Arizona overall, in which 37.0% of total state residents pay between $1,000 and $1,499 per month for housing. Just 5.7% of renters in ZIP Code 85145 pay between $1,500 and $1,999 for monthly rent.

ZIP Code 85145 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 85145

See the chart below for a comparison of monthly rental costs in ZIP Code 85145, Arizona, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 85145 along with those in the state of Arizona and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 85145

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 85145 Arizona U.S.
Less than $500 0.0% 6.0% 9.4%
$500 to $999 24.2% 39.3% 36.2%
$1,000 to $1,499 70.1% 37.0% 30.0%
$1,500 to $1,999 5.7% 12.8% 14.0%
$2,000 to $2,499 0.0% 3.0% 5.6%
$2,500 to $2,999 0.0% 0.9% 2.4%
$3,000 or more 0.0% 0.9% 2.4%

Rent Cost vs. Income in ZIP Code 85145

Renters in ZIP Code 85145 use an estimated 23.58% of their income to cover their monthly rent payments. That is about 20% lower than in Arizona overall. The estimate for Arizona overall is 29.54% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 85145 renters use about 21% less of their income to cover rent expense. Household income figures for ZIP Code 85145 come in higher than in Arizona as a whole. The median annual household income in ZIP Code 85145 of $73,526 sits approximately 25% higher than the overall Arizona median income of $58,945 and approximately 17% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 85145

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 85145, Arizona, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 85145 along with the same calculations in the state of Arizona and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 85145

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 85145 Arizona U.S.
Less than 15.0 percent 31.8% 12.9% 13.1%
15.0 to 19.9 percent 20.4% 13.6% 12.9%
20.0 to 24.9 percent 5.2% 13.7% 12.9%
25.0 to 29.9 percent 16.6% 11.9% 11.6%
30.0 to 34.9 percent 0.0% 8.9% 9.1%
35.0 percent or more 26.1% 39.1% 40.5%

Household Income in ZIP Code 85145

See the table below for the regional comparison of annual household income in ZIP Code 85145.

Income ZIP 85145 Arizona U.S.
Less than $10,000 7.3% 6.4% 6.0%
$10,000 to $14,999 4.7% 4.0% 4.3%
$15,000 to $24,999 2.6% 9.2% 8.9%
$25,000 to $34,999 11.1% 9.5% 8.9%
$35,000 to $49,999 8.6% 13.5% 12.3%
$50,000 to $74,999 19.0% 18.6% 17.2%
$75,000 to $99,999 24.4% 12.9% 12.7%
$100,000 to $149,999 16.1% 14.3% 15.1%
$150,000 to $199,999 5.5% 5.8% 6.8%
$200,000 or more 0.7% 5.9% 7.7%

Household Income in ZIP Code 85145

See the chart below for a comparison of annual household income figures in ZIP Code 85145, Arizona, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 85145 alongside the same figures for the state of Arizona and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 85145

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 85145.

ZIP 85145 Arizona U.S.
Median Housing Rent $1,148 $1,052 $1,062
Renter-Occupied Housing Units 17.6% 35.6% 36.0%
Rental Vacancy Rate 0.0% 6.2% 6.0%
Average Size of Renter-Occupied Unit 4.55 2.65 2.49
Average # of Bedrooms Per Unit 3.49 2.74 2.75
Percent of Income Spent on Rent 23.58% 29.54% 29.83%
Per Capita Income $22,928 $30,694 $34,103
Median Household Income $72,297 $80,779 $88,607
Living Below the Poverty Line 11.8% 10.8% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 85145

In ZIP Code 85145 (Red Rock, AZ), and estimated 17.6% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 85145 is estimated at $22,928, which goes along with an estimated median household income of $72,297. About 11.8% of residents in this Pinal County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 4.55 occupants, while the units have an aggregate average size of 3.49 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 23.58% of their income on housing rental costs.

Rental FAQs for ZIP Code 85145

1

What is the median monthly rent in ZIP Code 85145?

Median rent for housing in ZIP Code 85145 in Pinal County in Arizona is approximately $1,148 per month.
2

Is it expensive to rent in ZIP Code 85145?

Rent in ZIP Code 85145 is higher than average in the state of Arizona overall. The median monthly rent of $1,148 in ZIP Code 85145 is approximately 9% higher than the Arizona median of $1,052. Additionally, median rent in this Red Rock, AZ region ($1,148) is about 8% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 85145?

High-priced rentals are not common in the Red Rock, AZ ZIP Code of 85145, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Arizona overall, approximately 0.9% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 85145?

Affordable rentals are less common in ZIP Code 85145 than in Arizona overall. The percentage of housing rentals in ZIP Code 85145 costing $999 or less per month (24.2%) is approximately 47% lower than the Arizona rate of 45.3% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 47% higher than the previously mentioned 85145 rate of 24.2%.
5

What is the most common cost range that rentals fall into in ZIP Code 85145?

The most common range for rental cost in ZIP Code 85145 is between $1,000 and $1,499 per month. About 70.1% of renters in 85145 pay in this range for monthly rent. In comparison, approximately 37.0% of renters in the state of Arizona fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 85145 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 85145 is lower than the rental vacancy rate in the state of Arizona overall. Rental vacancy of 0.0% in ZIP Code 85145 is about 100% lower than the Arizona rate of 6.2%. Looking more broadly, rental vacancy in this Red Rock, AZ region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 85145? How does it compare to other Arizona regions?

Median household income in ZIP Code 85145 is higher than in the state of Arizona overall. Annual household income of $73,526 in ZIP Code 85145 is about 25% higher than the Arizona median of $58,945. Additionally, median household income in this Red Rock, AZ region ($73,526) is approximately 17% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 85145 spend on housing costs?

Renters in ZIP Code 85145 spend a lower amount of their income on rent costs than do renters in Arizona overall. Renters in ZIP Code 85145 spend an estimated 23.58% of their income on rent payments, which is about 20% lower than the overall Arizona estimated rate of 29.54%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 21% higher than the ZIP Code 85145 estimated rate of 23.58%.
9

Do renters in ZIP Code 85145 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 85145 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 85145 spending 30 percent or more of their income on rent costs (26.1%) is approximately 46% lower than the Arizona rate of 48% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 47% higher than the aforementioned 85145 rate of 26.1%.
10

What is the average household size of renter-occupied units in ZIP Code 85145?

The average household size of renter-occupied units in ZIP Code 85145 is higher than in the state of Arizona overall. Annual household size of 4.55 in ZIP Code 85145 is about 72% higher than the Arizona median of 2.65. Additionally, median household size in this Red Rock, AZ region (4.55) is approximately 83% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Arizona ZIP Codes