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85396

ZIPSAFMR
Maricopa County, AZ

ZIP Investment Score

77Below average

095130300
BRFMR
Eff. Rent
0 BR$1,800$1,980
1 BR$1,940$2,130
2 BR$2,250$2,480
3 BR$2,980$2,430
4 BR$3,330$2,450
5 BR$3,829Not available
6 BR$4,404Not available
7 BR$5,065Not available
8 BR$5,824Not available

Purchase Price Calculator

Maximum purchase price
$306,610

Cost breakdown

+Likely effective rent$2,480
HUD FMR$2,250
Market rent$3,090
Est. payment standard (110%)Used$2,480
-Principal and interest-$1,550
Loan amount$245,288
Down payment$61,322
Rate6.50%
Term30 years
-Operating costs-$730
Property taxes-$307
Insurance-$175
Utilities$0
HOA$0
Management-$248
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,564(64.5% ROI)
Projected value
$330,186
Return breakdown
Property appreciation+$23,575
Loan principal paid down+$8,788
Rental cash flow+$7,200
5-year hold
+$67,963(110.8% ROI)
Projected value
$346,902
Return breakdown
Property appreciation+$40,291
Loan principal paid down+$15,672
Rental cash flow+$12,000
10-year hold
+$147,219(240.1% ROI)
Projected value
$392,487
Return breakdown
Property appreciation+$85,877
Loan principal paid down+$37,342
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.71
1 BR
0.63
2 BR
0.73
3 BR
1.23
4 BR
1.36
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 85396 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 85396 (Buckeye, AZ) is $2,250 a month. That is down 8.5% from $2,460 in FY 2026. Buckeye 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, 85396 is tied for the 21st-highest two-bedroom rent (county range $1,380–$2,600). The median county two-bedroom FMR in Arizona is $1,244, so ZIP 85396 is 81% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 85396
BedroomsFY 2027Change90–110% range
Studio$1,800−7.2%$1,620–$1,980
1BR$1,940−8.5%$1,746–$2,134
2BR$2,250−8.5%$2,025–$2,475
3BR$2,980−10.0%$2,682–$3,278
4BR$3,330−10.0%$2,997–$3,663

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 85396
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,800$1,940$2,250$2,980$3,330
FY 2026$1,940$2,120$2,460$3,310$3,700
FY 2025$2,140$2,350$2,730$3,670$4,110
FY 2024$2,050$2,240$2,630$3,560$4,050
FY 2023$1,850$2,020$2,400$3,290$3,750

Two-bedroom rent in nearby Maricopa County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 85396
85379$2,160−4.0%
85380$1,740−22.7%
85381$1,760−21.8%
85382$1,970−12.4%
85383$2,450+8.9%
85385$1,740−22.7%
85387$2,410+7.1%
85388$2,260+0.4%
85390$1,520−32.4%
85392$1,950−13.3%
85395$2,050−8.9%
85396Current$2,250—

Questions about ZIP 85396 rents

How much will Section 8 pay for a two-bedroom in ZIP 85396?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,250, that basic range is $2,025 to $2,475 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 85396 in?

ZIP 85396 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 85396 for FY 2027?

The two-bedroom FMR fell 8.5%, from $2,460 in FY 2026 to $2,250 in FY 2027. Since FY 2023 it has fallen 6.3%.

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