FMR is near market; voucher and private rents are aligned.
1.06
1 BR
1 BR- 85191
0.99ratio
FMR$1,190
Market$1,200
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
2 BR
2 BR- 85191
0.97ratio
FMR$1,380
Market$1,430
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.97
3 BR
3 BR- 85191
1.13ratio
FMR$1,870
Market$1,660
vs market+$210
FMR is above market; underwrite to market rent.
1.13
4 BR
4 BR- 85191
1.23ratio
FMR$2,120
Market$1,730
vs market+$390
FMR is above market; underwrite to market rent.
1.23
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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Valley Farms, AZ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Valley Farms, AZ is $1,380 a month. That is down 9.8% from $1,530 in FY 2026. Valley Farms 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 Valley Farms is 11% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Valley Farms, AZ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,190
$1,110
−6.7%
$999–$1,221
1BR
$1,300
$1,190
−8.5%
$1,071–$1,309
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 Valley Farms, AZ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,110
$1,190
$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
$1,380
$1,520
$1,780
$2,410
$2,740
FY 2023
$1,300
$1,420
$1,680
$2,300
$2,620
Questions about Valley Farms, AZ rents
How much will Section 8 pay for a two-bedroom in Valley Farms, 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 Valley Farms, AZ in?
Valley Farms, 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 Valley Farms, 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 17.9%.
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