FMR is near market; voucher and private rents are aligned.
1.07
1 BR
1 BR- 85123
1.10ratio
FMR$1,170
Market$1,060
vs market+$110
FMR is above market; underwrite to market rent.
1.10
2 BR
2 BR- 85123
1.07ratio
FMR$1,380
Market$1,290
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.07
3 BR
3 BR- 85123
1.18ratio
FMR$1,870
Market$1,590
vs market+$280
FMR is above market; underwrite to market rent.
1.18
4 BR
4 BR- 85123
1.19ratio
FMR$2,120
Market$1,780
vs market+$340
FMR is above market; underwrite to market rent.
1.19
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Arizona City, AZ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Arizona City, AZ is $1,380 a month. That is down 9.8% from $1,530 in FY 2026. Arizona City is in the Phoenix-Mesa-Chandler, AZ MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Arizona is $1,244, so Arizona City is 11% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Arizona City, AZ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,190
$1,080
−9.2%
$972–$1,188
1BR
$1,300
$1,170
−10.0%
$1,053–$1,287
2BR
$1,530
$1,380
−9.8%
$1,242–$1,518
3BR
$2,070
$1,870
−9.7%
$1,683–$2,057
4BR
$2,350
$2,120
−9.8%
$1,908–$2,332
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Arizona City, AZ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,080
$1,170
$1,380
$1,870
$2,120
FY 2026
$1,190
$1,300
$1,530
$2,070
$2,350
FY 2025
$1,320
$1,440
$1,690
$2,290
$2,610
FY 2024
$1,210
$1,330
$1,570
$2,150
$2,450
FY 2023
$1,080
$1,180
$1,400
$1,920
$2,180
Questions about Arizona City, AZ rents
How much will Section 8 pay for a two-bedroom in Arizona City, AZ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,380, that basic range is $1,242 to $1,518 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Arizona City, AZ in?
Arizona City, AZ is in the Phoenix-Mesa-Chandler, AZ MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Arizona City, AZ for FY 2027?
The two-bedroom FMR fell 9.8%, from $1,530 in FY 2026 to $1,380 in FY 2027. Since FY 2023 it has fallen 1.4%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set