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Pinal County/Red Rock/85145

85145

ZIPSAFMR
Pinal County, AZ
Zillow

ZIP Investment Score

82Below average

095130300
BRFMR
Eff. Rent
0 BR$1,310$1,310
1 BR$1,430$1,430
2 BR$1,650$1,560
3 BR$2,200$1,610
4 BR$2,440$1,660
5 BR$2,806Not available
6 BR$3,227Not available
7 BR$3,711Not available
8 BR$4,268Not available

Purchase Price Calculator

Maximum purchase price
$169,899

Cost breakdown

+Likely effective rent$1,560
HUD FMR$1,650
Market rentUsed$1,560
Est. payment standard (96%)$1,590
-Principal and interest-$859
Loan amount$135,919
Down payment$33,980
Rate6.50%
Term30 years
-Operating costs-$501
Property taxes-$170
Insurance-$175
Utilities$0
HOA$0
Management-$156
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,133(74.0% ROI)
Projected value
$182,962
Return breakdown
Property appreciation+$13,064
Loan principal paid down+$4,870
Rental cash flow+$7,200
5-year hold
+$43,010(126.6% ROI)
Projected value
$192,225
Return breakdown
Property appreciation+$22,326
Loan principal paid down+$8,684
Rental cash flow+$12,000
10-year hold
+$92,278(271.6% ROI)
Projected value
$217,485
Return breakdown
Property appreciation+$47,586
Loan principal paid down+$20,692
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

2 BR
1.06
3 BR
1.37
4 BR
1.47
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 85145 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 85145 (Red Rock, AZ) is $1,650 a month. That is down 9.8% from $1,830 in FY 2026. Red Rock 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. Among 31 ZIP codes in Pinal County, 85145 has the 14th-highest two-bedroom rent (county range $1,380–$2,280). The median county two-bedroom FMR in Arizona is $1,244, so ZIP 85145 is 33% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 85145
BedroomsFY 2027Change90–110% range
Studio$1,310−9.7%$1,179–$1,441
1BR$1,430−9.5%$1,287–$1,573
2BR$1,650−9.8%$1,485–$1,815
3BR$2,200−9.8%$1,980–$2,420
4BR$2,440−10.0%$2,196–$2,684

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 85145
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,310$1,430$1,650$2,200$2,440
FY 2026$1,450$1,580$1,830$2,440$2,710
FY 2025$1,530$1,680$1,950$2,620$2,930
FY 2024$1,460$1,600$1,880$2,550$2,890
FY 2023$1,390$1,520$1,800$2,470$2,810

Two-bedroom rent in nearby Pinal County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 85145
85131$1,380−16.4%
85132$1,560−5.5%
85137$1,420−13.9%
85138$2,100+27.3%
85139$1,710+3.6%
85140$2,100+27.3%
85141$1,380−16.4%
85142$2,280+38.2%
85143$2,030+23.0%
85144$1,660+0.6%
85145Current$1,650—
85147$1,820+10.3%

Questions about ZIP 85145 rents

How much will Section 8 pay for a two-bedroom in ZIP 85145?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,650, that basic range is $1,485 to $1,815 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 ZIP 85145 in?

ZIP 85145 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 ZIP 85145 for FY 2027?

The two-bedroom FMR fell 9.8%, from $1,830 in FY 2026 to $1,650 in FY 2027. Since FY 2023 it has fallen 8.3%.

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 rentRed Rock, AZ fair market rentAZ statewide rentsWhat is SAFMR?Data sources