Living in 85004 - Phoenix, Arizona

The Complete Guide to 85004 - Phoenix, AZ

This zip code is the cultural heartbeat of Phoenix. Roosevelt Row runs right through it with colorful murals, indie galleries, and places like Jobot Coffee that have been here since the neighborhood was still gritty. The Evans Churchill area has seen a wave of modern townhomes and mid-rise apartments. Margaret T. Hance Park sits along the freeway deck with its Japanese Friendship Garden underneath. You are steps from the Phoenix Art Museum, the Burton Barr Central Library, and the Orpheum Theatre. First Fridays bring the whole city out for art walks, food vendors, and live music. This is urban Phoenix at its most energetic.

The 85004 zip code falls within Phoenix in Maricopa County, covering a population of approximately 11,000 residents. Notable communities within this zip code include Downtown Phoenix, Roosevelt Row Arts District, each contributing to the area's overall character. The median age of 33 reflects a younger, more transient population base that may include students, young professionals, and young families.

Housing in 85004 spans a median home price of $410K, with median rental rates sitting at $1,650 per month. These rent levels place the area on the higher end of the Phoenix market, consistent with the quality of housing stock and community amenities available. School-age families in 85004 are primarily served by Roosevelt Elementary School District (rated C+) and Phoenix Union High School District (rated B), which provide solid educational foundations with a range of program options.

Real Estate Market in 85004

ZIP 85004 carries a $410K median, below Phoenix's $484K city median - which flags this as a value zone within the city where your dollar stretches further. ZIP-level pace data is not published at this granularity; the city and county pages carry the latest verified pace figures for the broader market.

The rent-versus-buy math in 85004 is worth examining. At $1,650 monthly rent and a 4.8% annual rent-to-price ratio, an illustrative mortgage payment of roughly $2,073/month (principal and interest, assuming 20% down at a 6.5% 30-year fixed rate) runs higher than renting, which is typical for appreciating markets where buyers are paying for future equity growth rather than immediate cash flow savings. The median age of 33 in this zip skews young, meaning higher turnover and more inventory cycling through the market - good for buyers who want options.

School Districts Serving 85004

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