FMR is below market; voucher rent may lag private rents.
0.59
1 BR
1 BR
0.63ratio
FMR$1,500
Market$2,370
vs market-$870
FMR is below market; voucher rent may lag private rents.
0.63
2 BR
2 BR
0.77ratio
FMR$1,740
Market$2,270
vs market-$530
FMR is below market; voucher rent may lag private rents.
0.77
3 BR
3 BR
0.95ratio
FMR$2,300
Market$2,420
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.95
4 BR
4 BR
0.98ratio
FMR$2,550
Market$2,600
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.98
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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ZIP 85267 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 85267 (Scottsdale, AZ) is $1,740 a month. That is down 5.4% from $1,840 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, 85267 is tied for the 82nd-highest two-bedroom rent (county range $1,380–$2,600). The median county two-bedroom FMR in Arizona is $1,244, so ZIP 85267 is 40% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 85267
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,460
$1,400
−4.1%
$1,260–$1,540
1BR
$1,580
$1,500
−5.1%
$1,350–$1,650
2BR
$1,840
$1,740
−5.4%
$1,566–$1,914
3BR
$2,450
$2,300
−6.1%
$2,070–$2,530
4BR
$2,720
$2,550
−6.2%
$2,295–$2,805
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 85267
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,400
$1,500
$1,740
$2,300
$2,550
FY 2026
$1,460
$1,580
$1,840
$2,450
$2,720
FY 2025
$1,540
$1,690
$1,960
$2,640
$2,950
FY 2024
$1,460
$1,600
$1,880
$2,550
$2,890
FY 2023
$1,340
$1,470
$1,740
$2,390
$2,720
Two-bedroom rent in nearby Maricopa County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 85267?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,740, that basic range is $1,566 to $1,914 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 85267 in?
ZIP 85267 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 85267 for FY 2027?
The two-bedroom FMR fell 5.4%, from $1,840 in FY 2026 to $1,740 in FY 2027. Since FY 2023 it has risen 0.0%.
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