What is the Fair Market Rent in Peoria, AZ?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,650 to $2,450 a month across the 4 ZIP codes that cover Peoria.
By ZIP code: 85345 $1,650, 85382 $1,970, 85381 $1,760, 85383 $2,450.
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 Peoria is $1,711 (±$55), above the Small Area figure for ZIP 85345.
Figures last updated on .
- 2 bedrooms, whole area
- $1,734
- 2 bedrooms, ZIP 85345
- $1,650
- 2 bedrooms, ZIP 85382
- $1,970
- 2 bedrooms, ZIP 85381
- $1,760
Fair Market Rents for Peoria, 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 85345 (95% of the ZIP’s land is in this place) | $1,320 | $1,420 | $1,650 | $2,180 | $2,410 | $1,697 |
| ZIP 85382 (93% of the ZIP’s land is in this place) | $1,580 | $1,700 | $1,970 | $2,600 | $2,880 | $1,939 |
| ZIP 85381 (88% of the ZIP’s land is in this place) | $1,410 | $1,520 | $1,760 | $2,320 | $2,580 | $1,762 |
| ZIP 85383 (79% of the ZIP’s land is in this place) | $1,960 | $2,110 | $2,450 | $3,230 | $3,590 | $2,355 |
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 Peoria
What is the Section 8 payment standard in Peoria?
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 85345 is $1,650.
What is the Fair Market Rent for a two-bedroom in ZIP 85345?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 85345 is $1,650 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,697 (±$73).
What is the Fair Market Rent for a two-bedroom in ZIP 85382?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 85382 is $1,970 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,939 (±$90).
What is the Fair Market Rent for a two-bedroom in ZIP 85381?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 85381 is $1,760 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,762 (±$78).
What is the Fair Market Rent for a one-bedroom in Peoria?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 85345 is $1,420 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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