What is the Fair Market Rent in Eloy, AZ?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home is $1,380 a month in each of the 2 ZIP codes that cover Eloy.
By ZIP code: 85123 $1,380, 85131 $1,380.
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 Eloy is $918 (±$263), below the Small Area figure for ZIP 85123.
Figures last updated on .
- 2 bedrooms, whole area
- $1,734
- 2 bedrooms, ZIP 85123
- $1,380
- 2 bedrooms, ZIP 85131
- $1,380
Fair Market Rents for Eloy, fiscal year 2027
| 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 85123 (39% of the ZIP’s land is in this place) | $1,080 | $1,170 | $1,380 | $1,870 | $2,120 | $996 |
| ZIP 85131 (28% of the ZIP’s land is in this place) | $1,080 | $1,170 | $1,380 | $1,870 | $2,120 | $981 |
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 Eloy
What is the Section 8 payment standard in Eloy?
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 85123 is $1,380.
What is the Fair Market Rent for a two-bedroom in ZIP 85123?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 85123 is $1,380 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $996 (±$111).
What is the Fair Market Rent for a two-bedroom in ZIP 85131?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 85131 is $1,380 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $981 (±$106).
What is the Fair Market Rent for a one-bedroom in Eloy?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 85123 is $1,170 a month, against $1,493 across the Phoenix-Mesa-Chandler, AZ MSA.
Sources
- HUD Fair Market Rents, fiscal year 2027: Phoenix-Mesa-Chandler, AZ MSA
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Phoenix-Mesa-Chandler, AZ MSA
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
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.
Figures last updated on .
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