Where rents are falling in the Phoenix area
Rents, 1-year change, September 2026 · Zillow ZORI (Sep 2026), seasonally adjusted (Zillow) · updated 2026-11-15
Rents fell over the past year in 23 of the 118 ZIP codes in the Phoenix area with figures; the median change was +1.5%.
The largest fall was 5.7% in ZIP code 85139 (Maricopa, AZ), and the tenth-largest was 1.5% in ZIP code 85202 (Mesa, AZ).
Rents rose 1.2% across the Phoenix area and rose 2.9% nationally over the same 12 months.
Where rents are falling in the Phoenix area: the 23
| Rank | ZIP code | Rents, 1-year change | Typical rent (monthly) | Home values, 1-year change |
|---|---|---|---|---|
| 1 | 85139Maricopa, AZ | −5.7% | $1,626 | −3.9% |
| 2 | 85015Alahambra, Phoenix, AZ | −4.1% | $1,220 | −1.2% |
| 3 | 85307Maryvale, Glendale, AZ | −4.0% | $1,669 | −0.8% |
| 4 | 85335El Mirage, AZ | −3.4% | $1,896 | −1.6% |
| 5 | 85351Sun City, AZ | −3.3% | $1,686 | −2.7% |
| 6 | 85388Surprise, AZ | −3.0% | $2,146 | −1.4% |
| 7 | 85017Alahambra, Phoenix, AZ | −2.2% | $1,153 | −2.4% |
| 8 | 85383Peoria, AZ | −1.8% | $2,343 | +0.1% |
| 9 | 85054Desert View, Phoenix, AZ | −1.5% | $1,868 | +0.2% |
| 10 | 85202Mesa, AZ | −1.5% | $1,310 | −1.1% |
| 11 | 85283Tempe, AZ | −1.3% | $1,574 | −0.1% |
| 12 | 85020North Mountain, Phoenix, AZ | −1.2% | $1,472 | +0.2% |
| 13 | 85031Maryvale, Phoenix, AZ | −0.9% | $1,107 | −1.0% |
| 14 | 85323Avondale, AZ | −0.9% | $1,779 | −1.6% |
| 15 | 85004Central City, Phoenix, AZ | −0.8% | $1,776 | −2.5% |
| 16 | 85206Mesa, AZ | −0.8% | $1,697 | −0.4% |
| 17 | 85014Camelback East, Phoenix, AZ | −0.6% | $1,461 | −0.5% |
| 18 | 85013Alahambra, Phoenix, AZ | −0.4% | $1,582 | −1.2% |
| 19 | 85042South Mountain, Phoenix, AZ | −0.3% | $1,647 | −1.3% |
| 20 | 85305Maryvale, Glendale, AZ | −0.3% | $1,640 | −1.3% |
| 21 | 85034Central City, Phoenix, AZ | −0.2% | $1,440 | +6.5% |
| 22 | 85204Mesa, AZ | −0.2% | $1,376 | −0.7% |
| 23 | 85037Maryvale, Phoenix, AZ | −0.1% | $1,723 | −1.2% |
- Under 0.0%
- 0.0% to +1.0%
- +1.0% to +2.0%
- +2.0% to +3.0%
- +3.0% or more
- Not ranked
More rankings for the Phoenix area
- Cheapest ZIP codes
- Most expensive ZIP codes
- Where home prices are falling
- Where home prices are rising fastest
- Cheapest rent by ZIP code
- Highest rent by ZIP code
- Where rents are rising fastest
- Richest ZIP codes (household income)
- Cheapest suburbs
- Most expensive suburbs
- Richest suburbs (household income)
- Largest suburbs (population)
- Phoenix metro area: all figures
Where rents are falling in other metro areas
- New York, NY
- Los Angeles, CA
- Chicago, IL
- Dallas, TX
- Houston, TX
- Atlanta, GA
- Washington, DC
- Miami, FL
- Philadelphia, PA
- Boston, MA
- Seattle, WA
- Minneapolis, MN
- Tampa, FL
- San Diego, CA
- Denver, CO
- Orlando, FL
- Charlotte, NC
- Baltimore, MD
- San Antonio, TX
- Austin, TX
- Portland, OR
- Sacramento, CA
- Las Vegas, NV
- Cincinnati, OH
- Nashville, TN
- Louisville, KY
- Memphis, TN
- Salt Lake City, UT
Source and method
Rents, 1-year change: Zillow ZORI (Sep 2026), seasonally adjusted (Zillow); figures for September 2026. ZIP codes with at least 1,000 residents and a published figure are ranked (118 of them in the Phoenix area). Left out because the published figure is implausible next to the rest of the metro area: 85253. This page lists only the 23 where the figure fell. The metro area is the Phoenix-Mesa-Chandler, AZ metropolitan statistical area. Place names for ZIP codes are the neighborhood or city the ZIP code mostly covers. Compiled by Home Economics.
Zillow's "typical" home value and rent are index values for the middle of the market (the Zillow Home Value Index and Observed Rent Index), not median sale prices or asking rents. One-year changes are over the 12 months to September 2026. Income and population come from the Census Bureau's American Community Survey and carry sampling error, most of all in small places.