THESE 12 METRO PHOENIX ZIP CODES OFFER UPSCALE LIVING AT LOWER RENTS

LIVING IN PHOENIX, ARIZONA

 

These 12 Metro Phoenix Zip Codes Offer Upscale Living At Lower Rents

 

Finding a great apartment with nice amenities, in a good neighborhood, at a reasonable monthly rent can feel like a distant dream. But upscale living is actually possible at a reasonable price! Our latest report reveals 200 U.S. zip codes where locals can find exactly that desirable combination.

Scottsdale stands out with four zip codes where renters can save on quality apartments. Premium units in zip code 85259 are $580 cheaper than Scottsdale’s average monthly rent for similar units (marking the third-biggest savings nationwide). In fact, in all four of these zip codes, upscale rental apartments are below the city’s overall average rent of $2,158, making Scottsdale the it place for affordable luxury.

Gilbert boasts three zip codes with potential savings on rent for luxury apartments, while Phoenix has five, totaling 12 zip codes in The Valley. Let’s dive into the top six.

• In zip code 85259, which encompasses part of Central Scottsdale and the beautiful Scottsdale Mountain area, renters could save a huge $581 a month on a nice, high-end apartment compared to the city average of $2,158. This area is also right next to one of the Mayo Clinic’s three locations. In fact, nine out of 10 apartments in this zip code are high-end and have attractive amenities. This increases the chances of finding a great deal in this sunny enclave.

• Located in the heart of Scottsdale, zip code 85258 is a highly sought-after area that offers a mix of luxury, community, and convenience just a short drive away from Old Town Scottsdale and with easy access to major freeways. The average rent for a high-end apartment here is $1,906/month, which is $252 lower than the city’s average rent for upscale living.

• Zip code 85260 stands out as a premier destination for high-end living. Whether you’re seeking a family-friendly community, an active lifestyle, or a serene retreat, North Scottsdale has it all, including proximity to the airport and entertainment venues. Renters could save $234 on rent for a high-end unit here.

• Moving on to Phoenix, its top zip code where renters can save on renting an upscale apartment is 85028. Bordered to the West and the South by the Phoenix Mountains, renting a high-end unit in this area can cost $177 less than Phoenix’s average rent for luxury units ($1,737).

• Phoenix’s second and The Valley’s fifth zip code which offers savings for renters looking for upscale living is 85044, encompassing the Ahwatukee neighborhood — a short drive from the South Mountain Park and Preserve and Phoenix downtown. Here, renters’ savings amount to $138.

• The only other area in The Valley where renters can score a high-end apartment at a lower rate is Gilbert. Its top zip code 85234 —which encompasses 12 neighborhoods from Vista Alegre and Breckenridge to the West to Towne Meadows and Highland Ranch to the East — is also a good place for affordable luxury. Upscale units come at $1,701/month, which is $123 below the city’s average rent for luxury living ($1,824), but also below the average rent for all units in Gilbert ($1,766). 

Here are the other zip codes at a glance:

Scottsdale Zip Code 85257

Just West of the Dessert Botanical Garden and 10 miles from downtown Phoenix, this area has seen a lot of housing development in recent years, thus offering plenty of modern apartments.

• Renters’ savings on high-end units: $117

• Zip code average rent for high-end units: $1,578

• Scottsdale average rent for high-end units: $2,158

• Share of high-end apartments: 82%

Phoenix Zip Code 85024 

This North Phoenix zip code, North of the Scarlett Canyon and South of Cave Buttes Recreational Area is very sough-after among young professionals and families alike.

• Renters’ savings on high-end units: $97

• Zip code average rent for high-end units: $1,639 

• Phoenix average rent for high-end units: $1,737

• Share of high-end apartments: 50%

Phoenix Zip Code 85014

Just 5 miles North of downtown Phoenix, starting from Country Club Terrace/Cherry Lyn neighborhoods to the South all the way to Madison Groves Manor to the North, this area offers plenty of amenities and convenience.

• Renters’ savings on high-end units: $76

• Zip code average rent for high-end units: $1,660

• Phoenix average rent for high-end units: $1,737

• Share of high-end apartments: 50%

Gilbert Zip Code 85295

Just East of the Phoenix-Mesa Airport, nestled between E Germann Rd to the South and E Ray Rd to the North, this area offers a perfect mix of suburban feel and big city amenities.

• Renters’ savings on high-end units: $69

• Zip code average rent for high-end units: $1,755

• Gilbert average rent for high-end units: $1,824

• Share of high-end apartments: 87%

Gilbert Zip Code 85233 

As it is located right in between the Superstition Freeway and Santan Freeway, this Gilbert zip code offers easy access to the major transportation routes, as well as lots of green spaces.

• Renters’ savings on high-end units: $36

• Zip code average rent for high-end units: $1,788

• Gilbert average rent for high-end units: $1,824

• Share of high-end apartments: 87%

Phoenix Zip Code 85048 

Although savings on a high-end apartment here aren’t as high as in the other Valley’s zip codes on our list, renters get to live in one of the most coveted neighborhoods, Ahwatukee Foothills, a paradise for hikers and outdoor enthusiasts.

• Renters’ savings on high-end units: $36

• Zip code average rent for high-end units: $1,701

• Phoenix average rent for high-end units: $1,737

• Share of high-end apartments: 50%

How did we identify these zip codes? The RentCafe.com research team analyzed approximately 10,000 zip codes, narrowing them down to those with a high concentration of quality apartments in desirable neighborhoods. We focused only on locations where the average rent was below the citywide norm for high-end units and where monthly rent costs accounted for less than a third of the typical local income.

Explore all 200 U.S. zip codes where local renters can score a great apartment relative to their city’s cost of housing here.  – more at azbigmedia.com

 

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