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Maricopa County/Scottsdale/85262

85262

ZIPSAFMR
Maricopa County, AZ
Zillow

ZIP Investment Score

39Below average

095130300
BRFMR
Eff. Rent
0 BR$2,000$2,200
1 BR$2,150$2,370
2 BR$2,490$2,740
3 BR$3,320$3,650
4 BR$3,680$4,050
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
$345,246

Cost breakdown

+Likely effective rent$2,740
HUD FMR$2,490
Market rent$4,790
Est. payment standard (110%)Used$2,740
-Principal and interest-$1,746
Loan amount$276,197
Down payment$69,049
Rate6.50%
Term30 years
-Operating costs-$794
Property taxes-$345
Insurance-$175
Utilities$0
HOA$0
Management-$274
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$43,642(63.2% ROI)
Projected value
$371,793
Return breakdown
Property appreciation+$26,546
Loan principal paid down+$9,895
Rental cash flow+$7,200
5-year hold
+$75,015(108.6% ROI)
Projected value
$390,615
Return breakdown
Property appreciation+$45,368
Loan principal paid down+$17,646
Rental cash flow+$12,000
10-year hold
+$162,746(235.7% ROI)
Projected value
$441,945
Return breakdown
Property appreciation+$96,698
Loan principal paid down+$42,048
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.41
1 BR
0.42
2 BR
0.52
3 BR
0.68
4 BR
0.70
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 85262 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 85262 (Scottsdale, AZ) is $2,490 a month. That is down 9.8% from $2,760 in FY 2026. Scottsdale 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, 85262 has the 8th-highest two-bedroom rent (county range $1,380–$2,600). The median county two-bedroom FMR in Arizona is $1,244, so ZIP 85262 is 100% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 85262
BedroomsFY 2027Change90–110% range
Studio$2,000−8.7%$1,800–$2,200
1BR$2,150−9.7%$1,935–$2,365
2BR$2,490−9.8%$2,241–$2,739
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 85262
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,000$2,150$2,490$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. 85262
85256$1,810−27.3%
85257$1,990−20.1%
85258$2,220−10.8%
85259$1,950−21.7%
85260$2,220−10.8%
85261$1,740−30.1%
85262Current$2,490—
85263$2,290−8.0%
85264$1,980−20.5%
85266$2,600+4.4%
85267$1,740−30.1%
85268$1,950−21.7%

Questions about ZIP 85262 rents

How much will Section 8 pay for a two-bedroom in ZIP 85262?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,490, that basic range is $2,241 to $2,739 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 85262 in?

ZIP 85262 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 85262 for FY 2027?

The two-bedroom FMR fell 9.8%, from $2,760 in FY 2026 to $2,490 in FY 2027. Since FY 2023 it has fallen 4.6%.

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

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