Real Property Management Phoenix (WV) compiled a comparison of the Phoenix rental zip code 85022 and the Phoenix rental zip code of 85023 during the time periods of 2015 - 2018. Real Property Management Phoenix (WV) utilized data from the MLS (Multiple Listing System).
The 85023 Phoenix zip code is west of the I-17, east of Central, north of Thunderbird and south of Union Hills. The population of the 85023 zip code is approximately 31,274.
The 85022 Phoenix zip code is west of Central, east of Cave Creek, north of Thunderbird and south of Union Hills. The population of the 85022 zip code is approximately 46,395.
Real Property Management Phoenix (WV) comprised the above spreadsheets which illustrate the year, zip code, number of properties that rented, average rent and average days on the market for both the 85022 and 85023 zip codes. Interestingly both zip codes saw a decline in the average rent from 2017 to 2018 however the 85022 zip code was more dramatic with over $100.00 decrease. Not surprisingly the 85022 zip code had more homes rent each year which goes in line with the higher population.
Both zip codes are close to freeways (the I-17 and 101) making them desirable Phoenix rental locations.
For more information about the zip code in which you own a rental or are looking to purchase a rental please contact us at 602-358-8130.
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