85021
ZIPSAFMR
Maricopa County, AZ
BRFMR
Eff. Rent
0 BR$1,260$830
1 BR$1,370$1,220
2 BR$1,590$1,710
3 BR$2,120$2,330
4 BR$2,350$2,590
5 BR$2,703
6 BR$3,108
7 BR$3,574
8 BR$4,110

Purchase Price Calculator

Maximum purchase price
$192,189

Cost breakdown

+Likely effective rent$1,710
HUD FMR$1,590
Market rent$1,780
Est. payment standard (108%)Used$1,710
Estimated payment standard is $1,710 (108% of FMR).
-Principal and interest-$972
Loan amount$153,751
Down payment$38,438
Rate6.50%
Term30 years
-Operating costs-$538
Property taxes-$192
Insurance-$175
Utilities$0
HOA$0
Management-$171
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,486(71.5% ROI)
Projected value
$206,966
Current value$192,189
Return breakdown
Property appreciation+$14,778
Loan principal paid down+$5,509
Rental cash flow+$7,200
5-year hold
+$47,078(122.5% ROI)
Projected value
$217,444
Current value$192,189
Return breakdown
Property appreciation+$25,255
Loan principal paid down+$9,823
Rental cash flow+$12,000
10-year hold
+$101,236(263.4% ROI)
Projected value
$246,018
Current value$192,189
Return breakdown
Property appreciation+$53,829
Loan principal paid down+$23,407
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.52ratio
FMR$1,260
Market$830
vs market+$430

FMR is above market; underwrite to market rent.

90% standard$1,134 / 1.37 ratio110% standard$1,386 / 1.67 ratio
1.52
1 BR
1 BR
1.12ratio
FMR$1,370
Market$1,220
vs market+$150

FMR is above market; underwrite to market rent.

90% standard$1,233 / 1.01 ratio110% standard$1,507 / 1.24 ratio
1.12
2 BR
2 BR
0.89ratio
FMR$1,590
Market$1,780
vs market-$190

FMR is below market; voucher rent may lag private rents.

90% standard$1,431 / 0.80 ratio110% standard$1,749 / 0.98 ratio
0.89
3 BR
3 BR
0.86ratio
FMR$2,120
Market$2,470
vs market-$350

FMR is below market; voucher rent may lag private rents.

90% standard$1,908 / 0.77 ratio110% standard$2,332 / 0.94 ratio
0.86
4 BR
4 BR
0.75ratio
FMR$2,350
Market$3,120
vs market-$770

FMR is below market; voucher rent may lag private rents.

90% standard$2,115 / 0.68 ratio110% standard$2,585 / 0.83 ratio
0.75
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 85021 (AZ) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

85021 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 85021 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,590 and the 4 bedroom fair market rent is $2,350.

Use this page for searches like 85021 FMR, 85021 fair market rent, and 85021 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 85021
Bedroom sizeHUD FMR
Studio$1,260
1 bedroom$1,370
2 bedroom$1,590
3 bedroom$2,120
4 bedroom$2,350