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Rental Insights for ZIP Code 85204 (Mesa, AZ)

Housing Rentals in ZIP Code 85204 (Mesa, AZ)

85204 ZIP Code in Arizona

Everything to Know About Rentals in the U.S. ZIP Code 85204

ZIP Code 85204 is primarily associated with Mesa, AZ in Maricopa County. The median housing rent payment in this region of Arizona is $1,041 per month. About 45.5% of housing units in this Maricopa County ZIP Code are renter-occupied, and the region has an approximate rental vacancy rate of 2.7%.

The median rent in ZIP Code 85204 of $1,041 per month is 1% lower than the aggregate Arizona median monthly rent of $1,052, and is 2% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 44.1% of residents in ZIP Code 85204 pay between $500 and $999 per month for rent. That is 12% higher than in Arizona overall, in which 39.3% of total state residents pay between $500 and $999 per month for housing. Just 1.0% of renters in this Mesa, AZ region pay between $2,000 and $2,499 for monthly rent.

ZIP Code 85204 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 85204

See the chart below for a comparison of monthly rental costs in ZIP Code 85204, Arizona, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 85204 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 85204

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

Cost ZIP 85204 Arizona U.S.
Less than $500 1.6% 6.0% 9.4%
$500 to $999 44.1% 39.3% 36.2%
$1,000 to $1,499 44.1% 37.0% 30.0%
$1,500 to $1,999 9.2% 12.8% 14.0%
$2,000 to $2,499 1.0% 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 85204

Renters in ZIP Code 85204 use an estimated 31.11% of their income to cover their monthly rent payments. That is about 5% higher 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 85204 renters use about 4% more of their income to cover rent expense. Household income figures for ZIP Code 85204 come in lower than in Arizona as a whole. The median annual household income in ZIP Code 85204 of $53,061 sits approximately 10% lower than the overall Arizona median income of $58,945 and approximately 16% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 85204

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 85204, 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 85204 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 85204

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

Rent Cost as % of Income ZIP 85204 Arizona U.S.
Less than 15.0 percent 8.3% 12.9% 13.1%
15.0 to 19.9 percent 12.0% 13.6% 12.9%
20.0 to 24.9 percent 15.5% 13.7% 12.9%
25.0 to 29.9 percent 11.0% 11.9% 11.6%
30.0 to 34.9 percent 9.4% 8.9% 9.1%
35.0 percent or more 43.8% 39.1% 40.5%

Household Income in ZIP Code 85204

See the table below for the regional comparison of annual household income in ZIP Code 85204.

Income ZIP 85204 Arizona U.S.
Less than $10,000 6.6% 6.4% 6.0%
$10,000 to $14,999 3.8% 4.0% 4.3%
$15,000 to $24,999 8.6% 9.2% 8.9%
$25,000 to $34,999 12.3% 9.5% 8.9%
$35,000 to $49,999 15.4% 13.5% 12.3%
$50,000 to $74,999 21.9% 18.6% 17.2%
$75,000 to $99,999 13.2% 12.9% 12.7%
$100,000 to $149,999 13.5% 14.3% 15.1%
$150,000 to $199,999 3.3% 5.8% 6.8%
$200,000 or more 1.5% 5.9% 7.7%

Household Income in ZIP Code 85204

See the chart below for a comparison of annual household income figures in ZIP Code 85204, Arizona, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 85204 alongside the same figures for the state of Arizona and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 85204

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 85204.

ZIP 85204 Arizona U.S.
Median Housing Rent $1,041 $1,052 $1,062
Renter-Occupied Housing Units 45.5% 35.6% 36.0%
Rental Vacancy Rate 2.7% 6.2% 6.0%
Average Size of Renter-Occupied Unit 3.08 2.65 2.49
Average # of Bedrooms Per Unit 2.62 2.74 2.75
Percent of Income Spent on Rent 31.11% 29.54% 29.83%
Per Capita Income $22,284 $30,694 $34,103
Median Household Income $64,533 $80,779 $88,607
Living Below the Poverty Line 16.6% 10.8% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 85204

In ZIP Code 85204 (Mesa, AZ), and estimated 45.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 2.7%.

The per capita income in 85204 is estimated at $22,284, which goes along with an estimated median household income of $64,533. About 16.6% of residents in this Maricopa County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.08 occupants, while the units have an aggregate average size of 2.62 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 31.11% of their income on housing rental costs.

Rental FAQs for ZIP Code 85204

1

What is the median monthly rent in ZIP Code 85204?

Median rent for housing in ZIP Code 85204 in Maricopa County in Arizona is approximately $1,041 per month.
2

Is it expensive to rent in ZIP Code 85204?

Rent in ZIP Code 85204 is lower than average in the state of Arizona overall. The median monthly rent of $1,041 in ZIP Code 85204 is approximately 1% lower than the Arizona median of $1,052. Additionally, median rent in this Mesa, AZ region ($1,041) is about 2% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 85204?

High-priced rentals are not common in the Mesa, AZ ZIP Code of 85204, 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 85204?

Affordable rentals are more common in ZIP Code 85204 than in Arizona overall. The percentage of housing rentals in ZIP Code 85204 costing $999 or less per month (45.7%) is approximately 1% higher 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 0% lower than the previously mentioned 85204 rate of 45.7%.
5

What is the most common cost range that rentals fall into in ZIP Code 85204?

The most common range for rental cost in ZIP Code 85204 is between $500 and $999 per month. About 44.1% of renters in 85204 pay in this range for monthly rent. In comparison, approximately 39.3% of renters in the state of Arizona fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 85204 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 85204 is lower than the rental vacancy rate in the state of Arizona overall. Rental vacancy of 2.7% in ZIP Code 85204 is about 56% lower than the Arizona rate of 6.2%. Looking more broadly, rental vacancy in this Mesa, AZ region (2.7%) is an estimated 55% 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 85204? How does it compare to other Arizona regions?

Median household income in ZIP Code 85204 is lower than in the state of Arizona overall. Annual household income of $53,061 in ZIP Code 85204 is about 10% lower than the Arizona median of $58,945. Additionally, median household income in this Mesa, AZ region ($53,061) is approximately 16% lower 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 85204 spend on housing costs?

Renters in ZIP Code 85204 spend a higher amount of their income on rent costs than do renters in Arizona overall. Renters in ZIP Code 85204 spend an estimated 31.11% of their income on rent payments, which is about 5% higher 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 4% lower than the ZIP Code 85204 estimated rate of 31.11%.
9

Do renters in ZIP Code 85204 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 85204 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 85204 spending 30 percent or more of their income on rent costs (53.2%) is approximately 11% higher 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 7% lower than the aforementioned 85204 rate of 53.2%.
10

What is the average household size of renter-occupied units in ZIP Code 85204?

The average household size of renter-occupied units in ZIP Code 85204 is higher than in the state of Arizona overall. Annual household size of 3.08 in ZIP Code 85204 is about 16% higher than the Arizona median of 2.65. Additionally, median household size in this Mesa, AZ region (3.08) is approximately 24% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Arizona ZIP Codes