What is the Fair Market Rent in Phoenix, AZ?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,380 to $1,950 a month across the 8 ZIP codes that cover Phoenix.

By ZIP code: 85003 $1,610, 85004 $1,950, 85006 $1,380, 85007 $1,380, 85009 $1,380, 85012 $1,870, 85013 $1,800, 85015 $1,410.

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 Phoenix is $1,631 (±$17), above the Small Area figure for ZIP 85003.

Figures last updated on .

2 bedrooms, whole area
$1,734
2 bedrooms, ZIP 85003
$1,610
2 bedrooms, ZIP 85004
$1,950
2 bedrooms, ZIP 85006
$1,380

Fair Market Rents for Phoenix, 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
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus median rent
Phoenix-Mesa-Chandler, AZ MSA (whole area)$1,390$1,493$1,734$2,287$2,537—
ZIP 85003$1,290$1,390$1,610$2,120$2,360$1,392
ZIP 85004$1,560$1,680$1,950$2,590$2,870$1,834
ZIP 85006$1,080$1,170$1,380$1,870$2,120$1,270
ZIP 85007$1,080$1,170$1,380$1,870$2,120$1,116
ZIP 85009$1,080$1,170$1,380$1,870$2,120$1,208
ZIP 85012$1,500$1,610$1,870$2,470$2,740$1,746
ZIP 85013$1,430$1,540$1,800$2,390$2,650$1,585
ZIP 85015$1,120$1,210$1,410$1,880$2,120$1,287

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 Phoenix

What is the Section 8 payment standard in Phoenix?

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 85003 is $1,610.

What is the Fair Market Rent for a two-bedroom in ZIP 85003?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 85003 is $1,610 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,392 (±$218).

What is the Fair Market Rent for a two-bedroom in ZIP 85004?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 85004 is $1,950 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,834 (±$74).

What is the Fair Market Rent for a two-bedroom in ZIP 85006?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 85006 is $1,380 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,270 (±$68).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 85003 is $1,390 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.

Figures last updated on .

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