Your complete guide to the 85381 zip code area: homes, neighborhoods, schools, and community insights.
ZIP code 85381 is located in Peoria, Maricopa County, Arizona. The median home price in this area is approximately $400K with a median household age of 38. The 85381 zip code covers central Peoria from Thunderbird to Bell Road.
The 85381 zip code covers central Peoria from Thunderbird to Bell Road. This is well-established suburban Peoria with neighborhoods from the 1980s and 1990s that feature block-wall backyards, community pools, and cul-de-sac streets. Peoria Community Center is an active gathering spot. The area along 83rd Avenue and Bell Road has strong shopping and dining options. Pioneer Community Park is one of the largest parks in Peoria with ball fields, a lake, and walking paths. Peoria Unified School District is one of the larger and better-regarded districts in the West Valley. The 101 loop runs along the eastern border. It is middle-class suburban living with good schools, good parks, and easy access to the rest of the Valley.
The 85381 zip code falls within Peoria in Maricopa County, covering a population of approximately 40,000 residents. The median age of 38 suggests a balanced mix of families, working professionals, and established residents who have chosen to put down roots.
Housing in 85381 spans a median home price of $400K, with median rental rates sitting at $1,300 per month. Rental rates are in line with the broader Peoria market, making the area competitive for tenants and attractive for investors seeking reasonable cap rates. School-age families in 85381 are primarily served by Peoria Unified School District (rated B+), which provide solid educational foundations with a range of program options.
ZIP 85381 trades at $400K median and $182 per square foot - below Peoria's $205 city average, which flags this as a value zone within the city where your dollar stretches further. At 24 days on market, properties here do not linger - if you see something you want, your window to act is measured in days, not weeks.
The rent-versus-buy math in 85381 is worth examining. At $1,300 monthly rent and a 3.9% annual rent-to-price ratio, the ownership cost 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 38 in this zip suggests a stable mix of household types that keeps demand consistent across market cycles.
This guide draws on ARMLS market data, local reporting, and Venture REI's direct experience across 85381. Frank Vazquez has personally closed over 2,400 transactions in the Valley and is available for honest conversations about the market here.
Questions about buying or selling in 85381? Frank Vazquez at Venture REI: straightforward answers, no strings attached.