FMR is near market; voucher and private rents are aligned.
1.10
1 BR
1 BR
1.10ratio
FMR$1,830
Market$1,670
vs market+$160
FMR is near market; voucher and private rents are aligned.
1.10
2 BR
2 BR
1.07ratio
FMR$2,120
Market$1,990
vs market+$130
FMR is near market; voucher and private rents are aligned.
1.07
3 BR
3 BR
1.43ratio
FMR$2,800
Market$1,960
vs market+$840
FMR is above market; underwrite to market rent.
1.43
4 BR
4 BR
1.35ratio
FMR$3,100
Market$2,290
vs market+$810
FMR is above market; underwrite to market rent.
1.35
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 85309 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 85309 (Luke Air Force Base, AZ) is $2,120 a month. That is down 7.4% from $2,290 in FY 2026. Luke Air Force Base 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, 85309 has the 32nd-highest two-bedroom rent (county range $1,380–$2,600). The median county two-bedroom FMR in Arizona is $1,244, so ZIP 85309 is 70% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 85309
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,820
$1,700
−6.6%
$1,530–$1,870
1BR
$1,980
$1,830
−7.6%
$1,647–$2,013
2BR
$2,290
$2,120
−7.4%
$1,908–$2,332
3BR
$3,050
$2,800
−8.2%
$2,520–$3,080
4BR
$3,390
$3,100
−8.6%
$2,790–$3,410
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 85309
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,700
$1,830
$2,120
$2,800
$3,100
FY 2026
$1,820
$1,980
$2,290
$3,050
$3,390
FY 2025
$1,940
$2,130
$2,480
$3,330
$3,730
FY 2024
$1,880
$2,070
$2,420
$3,280
$3,730
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 85309?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,120, that basic range is $1,908 to $2,332 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 85309 in?
ZIP 85309 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 85309 for FY 2027?
The two-bedroom FMR fell 7.4%, from $2,290 in FY 2026 to $2,120 in FY 2027. Since FY 2023 it has risen 21.8%.
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