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AZ/Maricopa County/Gilbert

Gilbert, AZ

CitySAFMR
Maricopa County
Found 7 ZIPs
Zillow

City Median Investment Score

83Below average

095130300
BRFMR
Eff. Rent
0 BR$1,400 – $2,080$1,210 – $1,900
1 BR$1,500 – $2,240$1,440 – $1,910
2 BR$1,740 – $2,600$1,910 – $2,190
3 BR$2,300 – $3,430$2,130 – $2,440
4 BR$2,550 – $3,800$2,580 – $2,820
5 BR$3,588Not available
6 BR$4,126Not available
7 BR$4,745Not available
8 BR$5,457Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
2
0.59-1.35
1 BR
4
0.63-1.37
2 BR
2
2
0.77-1.19
3 BR
3
0.95-1.41
4 BR
2
2
0.98-1.35
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
--
Mortgage rate
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Gilbert, AZ fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 7 ZIP codes in Gilbert, AZ ranges from $1,740 to $2,600 a month, with a median of $2,130. That is down 7.4% from $2,300 in FY 2026. Gilbert 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 Gilbert is 71% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Gilbert, AZ
BedroomsFY 2027Change90–110% range
Studio$1,710−6.0%$1,539–$1,881
1BR$1,830−7.6%$1,647–$2,013
2BR$2,130−7.4%$1,917–$2,343
3BR$2,810−8.5%$2,529–$3,091
4BR$3,120−8.2%$2,808–$3,432

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Gilbert, AZ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,710$1,830$2,130$2,810$3,120
FY 2026$1,820$1,980$2,300$3,070$3,400
FY 2025$1,950$2,130$2,480$3,340$3,730
FY 2024$1,880$2,060$2,420$3,280$3,730
FY 2023$1,680$1,830$2,170$2,980$3,390

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
85298$2,600+22.1%
85297$2,300+8.0%
85296$2,290+7.5%
85295$2,1300.0%
85234$2,090−1.9%
85233$2,030−4.7%
85299$1,740−18.3%

Questions about Gilbert, AZ rents

How much will Section 8 pay for a two-bedroom in Gilbert, AZ?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,130, that basic range is $1,917 to $2,343 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 Gilbert, AZ in?

Gilbert, 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 Gilbert, AZ for FY 2027?

The two-bedroom FMR fell 7.4%, from $2,300 in FY 2026 to $2,130 in FY 2027. Since FY 2023 it has fallen 1.8%.

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

County fair market rentAZ statewide rentsWhat is SAFMR?Data sources