FMR is below market; voucher rent may lag private rents.
0.44
1 BR
1 BR- 85263
0.45ratio
FMR$1,950
Market$4,350
vs market-$2,400
FMR is below market; voucher rent may lag private rents.
0.45
2 BR
2 BR- 85263
0.51ratio
FMR$2,290
Market$4,510
vs market-$2,220
FMR is below market; voucher rent may lag private rents.
0.51
3 BR
3 BR- 85263
1.03ratio
FMR$3,040
Market$2,940
vs market+$100
FMR is near market; voucher and private rents are aligned.
1.03
4 BR
4 BR- 85263
0.83ratio
FMR$3,380
Market$4,090
vs market-$710
FMR is below market; voucher rent may lag private rents.
0.83
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
--
Rio Verde, AZ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Rio Verde, AZ is $2,290 a month. That is down 9.8% from $2,540 in FY 2026. Rio Verde 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 Rio Verde is 84% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Rio Verde, AZ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,010
$1,810
−10.0%
$1,629–$1,991
1BR
$2,160
$1,950
−9.7%
$1,755–$2,145
2BR
$2,540
$2,290
−9.8%
$2,061–$2,519
3BR
$3,370
$3,040
−9.8%
$2,736–$3,344
4BR
$3,750
$3,380
−9.9%
$3,042–$3,718
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Rio Verde, AZ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,810
$1,950
$2,290
$3,040
$3,380
FY 2026
$2,010
$2,160
$2,540
$3,370
$3,750
FY 2025
$2,060
$2,260
$2,660
$3,580
$3,980
FY 2024
$1,460
$1,600
$1,880
$2,550
$2,890
FY 2023
$1,260
$1,380
$1,640
$2,250
$2,560
Questions about Rio Verde, AZ rents
How much will Section 8 pay for a two-bedroom in Rio Verde, AZ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,290, that basic range is $2,061 to $2,519 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 Rio Verde, AZ in?
Rio Verde, 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 Rio Verde, AZ for FY 2027?
The two-bedroom FMR fell 9.8%, from $2,540 in FY 2026 to $2,290 in FY 2027. Since FY 2023 it has risen 39.6%.
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