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Maricopa County/Chandler/85249

85249

ZIPSAFMR
Maricopa County, AZ
Zillow

ZIP Investment Score

65Below average

095130300
BRFMR
Eff. Rent
0 BR$2,010$2,130
1 BR$2,160$2,060
2 BR$2,510$2,120
3 BR$3,320$2,520
4 BR$3,680$2,750
5 BR$4,232Not available
6 BR$4,867Not available
7 BR$5,597Not available
8 BR$6,436Not available

Purchase Price Calculator

Maximum purchase price
$253,115

Cost breakdown

+Likely effective rent$2,120
HUD FMR$2,510
Market rentUsed$2,120
Est. payment standard (90%)$2,260
-Principal and interest-$1,280
Loan amount$202,492
Down payment$50,623
Rate6.50%
Term30 years
-Operating costs-$640
Property taxes-$253
Insurance-$175
Utilities$0
HOA$0
Management-$212
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,917(67.0% ROI)
Projected value
$272,577
Return breakdown
Property appreciation+$19,462
Loan principal paid down+$7,255
Rental cash flow+$7,200
5-year hold
+$58,199(115.0% ROI)
Projected value
$286,376
Return breakdown
Property appreciation+$33,261
Loan principal paid down+$12,937
Rental cash flow+$12,000
10-year hold
+$125,721(248.3% ROI)
Projected value
$324,008
Return breakdown
Property appreciation+$70,893
Loan principal paid down+$30,827
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.92
1 BR
1.05
2 BR
1.18
3 BR
1.32
4 BR
1.34
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 85249 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 85249 (Chandler, AZ) is $2,510 a month. That is down 9.1% from $2,760 in FY 2026. Chandler 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 185 ZIP codes in Maricopa County, 85249 has the 7th-highest two-bedroom rent (county range $1,380–$2,600). The median county two-bedroom FMR in Arizona is $1,244, so ZIP 85249 is 102% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 85249
BedroomsFY 2027Change90–110% range
Studio$2,010−8.2%$1,809–$2,211
1BR$2,160−9.2%$1,944–$2,376
2BR$2,510−9.1%$2,259–$2,761
3BR$3,320−9.8%$2,988–$3,652
4BR$3,680−9.8%$3,312–$4,048

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 85249
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,010$2,160$2,510$3,320$3,680
FY 2026$2,190$2,380$2,760$3,680$4,080
FY 2025$2,300$2,520$2,930$3,940$4,410
FY 2024$2,190$2,400$2,820$3,820$4,340
FY 2023$2,020$2,200$2,610$3,580$4,070

Two-bedroom rent in nearby Maricopa County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 85249
85244$1,740−30.7%
85246$1,740−30.7%
85248$1,960−21.9%
85249Current$2,510—
85250$1,930−23.1%
85251$1,980−21.1%
85252$1,740−30.7%
85253$2,250−10.4%
85254$2,160−13.9%
85255$2,600+3.6%
85256$1,810−27.9%
85257$1,990−20.7%

Questions about ZIP 85249 rents

How much will Section 8 pay for a two-bedroom in ZIP 85249?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,510, that basic range is $2,259 to $2,761 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 85249 in?

ZIP 85249 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 85249 for FY 2027?

The two-bedroom FMR fell 9.1%, from $2,760 in FY 2026 to $2,510 in FY 2027. Since FY 2023 it has fallen 3.8%.

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