FMR is near market; voucher and private rents are aligned.
0.90
1 BR
1 BR
0.82ratio
FMR$1,100
Market$1,340
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.82
2 BR
2 BR
0.99ratio
FMR$1,440
Market$1,450
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
3 BR
3 BR
1.13ratio
FMR$1,820
Market$1,610
vs market+$210
FMR is above market; underwrite to market rent.
1.13
4 BR
4 BR
1.23ratio
FMR$2,110
Market$1,720
vs market+$390
FMR is above market; underwrite to market rent.
1.23
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 85532 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 85532 (Claypool, AZ) is $1,440 a month. That is down 10.0% from $1,600 in FY 2026. Claypool is in the Gila County, AZ non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,380. Among 13 ZIP codes in Gila County, 85532 is tied for the 3rd-highest two-bedroom rent (county range $1,340–$1,540). The median county two-bedroom FMR in Arizona is $1,244, so ZIP 85532 is 16% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 85532
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,210
$1,090
−9.9%
$981–$1,199
1BR
$1,220
$1,100
−9.8%
$990–$1,210
2BR
$1,600
$1,440
−10.0%
$1,296–$1,584
3BR
$2,020
$1,820
−9.9%
$1,638–$2,002
4BR
$2,340
$2,110
−9.8%
$1,899–$2,321
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 85532
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,090
$1,100
$1,440
$1,820
$2,110
FY 2026
$1,210
$1,220
$1,600
$2,020
$2,340
FY 2025
$1,000
$1,120
$1,450
$1,970
$2,060
FY 2024area FMR
$855
$960
$1,262
$1,778
$1,846
FY 2023area FMR
$830
$836
$1,100
$1,517
$1,522
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
How much will Section 8 pay for a two-bedroom in ZIP 85532?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,380, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,242 to $1,518 a month; under the ZIP-level Small Area FMR of $1,440 it would be $1,296 to $1,584. 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 85532 in?
ZIP 85532 is in the Gila County, AZ non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,380.
How much did fair market rent change in ZIP 85532 for FY 2027?
The two-bedroom FMR fell 10.0%, from $1,600 in FY 2026 to $1,440 in FY 2027. Since FY 2025 it has fallen 0.7%.
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