What is the Fair Market Rent in Cave Creek, AZ?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 85331, which covers Cave Creek, is $2,600 a month.

Across the whole Phoenix-Mesa-Chandler, AZ MSA the two-bedroom figure is $1,734.

The Census Bureau’s median gross rent for a two-bedroom home in Cave Creek is $2,667 (±$1,427), within its margin of the Small Area figure for ZIP 85331.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,734
2 bedrooms, ZIP 85331: $2,600

Fair Market Rents for Cave Creek, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms	Census median rent
Phoenix-Mesa-Chandler, AZ MSA (whole area)	$1,390	$1,493	$1,734	$2,287	$2,537	—
ZIP 85331 (29% of the ZIP’s land is in this place)	$2,080	$2,240	$2,600	$3,430	$3,800	$2,595

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

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Questions about Cave Creek

What is the Section 8 payment standard in Cave Creek?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Phoenix-Mesa-Chandler, AZ MSA is $1,734, and the Small Area figure for 85331 is $2,600.

What is the Fair Market Rent for a two-bedroom in ZIP 85331?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 85331 is $2,600 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,595 (±$193).

What is the Fair Market Rent for a one-bedroom in Cave Creek?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 85331 is $2,240 a month, against $1,493 across the Phoenix-Mesa-Chandler, AZ MSA.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.