85707

ZIPSAFMR

Pima County, AZ

ZIP Investment Score

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,020	$890	2.8%
1 BR	$1,140	$1,040	2.5%
2 BR	$1,460	$1,380	1.7%
3 BR	$2,030	$1,760	1.2%
4 BR	$2,300	$1,910	0.0%
5 BR	$2,645	Not available	0.0%
6 BR	$3,042	Not available	0.0%
7 BR	$3,498	Not available	0.0%
8 BR	$4,023	Not available	0.0%

Purchase Price Calculator

Maximum purchase price

$143,151

Cost breakdown

+Likely effective rent$1,380

HUD FMR$1,460

Market rentUsed$1,380

Est. payment standard (96%)$1,410

-Principal and interest-$724

Loan amount$114,521

Down payment$28,630

Rate6.50%

Term30 years

-Operating costs-$456

Property taxes-$143

Insurance-$175

Utilities$0

HOA$0

Management-$138

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$22,310(77.9% ROI)

Projected value

$154,158

Return breakdown

Property appreciation+$11,007

Loan principal paid down+$4,103

Rental cash flow+$7,200

5-year hold

+$38,128(133.2% ROI)

Projected value

$161,962

Return breakdown

Property appreciation+$18,811

Loan principal paid down+$7,317

Rental cash flow+$12,000

10-year hold

+$81,529(284.8% ROI)

Projected value

$183,245

Return breakdown

Property appreciation+$40,094

Loan principal paid down+$17,434

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.15ratio

FMR$1,020

Market$890

vs market+$130

FMR is above market; underwrite to market rent.

1.15

1 BR

1.10ratio

FMR$1,140

Market$1,040

vs market+$100

FMR is near market; voucher and private rents are aligned.

1.10

2 BR

1.06ratio

FMR$1,460

Market$1,380

vs market+$80

FMR is near market; voucher and private rents are aligned.

1.06

3 BR

1.15ratio

FMR$2,030

Market$1,760

vs market+$270

FMR is above market; underwrite to market rent.

1.15

4 BR

1.20ratio

FMR$2,300

Market$1,910

vs market+$390

FMR is above market; underwrite to market rent.

1.20

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: --

ZIP 85707 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 85707 (Tucson, AZ) is $1,460 a month. That is unchanged from FY 2026. Tucson is in the Tucson, AZ MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 66 ZIP codes in Pima County, 85707 is tied for the 26th-highest two-bedroom rent (county range $1,100–$2,110). The median county two-bedroom FMR in Arizona is $1,244, so ZIP 85707 is 17% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 85707
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,000	$1,020	+2.0%	$918–$1,122
1BR	$1,120	$1,140	+1.8%	$1,026–$1,254
2BR	$1,460	$1,460	0.0%	$1,314–$1,606
3BR	$2,030	$2,030	0.0%	$1,827–$2,233
4BR	$2,330	$2,300	−1.3%	$2,070–$2,530

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 85707
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,020	$1,140	$1,460	$2,030	$2,300
FY 2026	$1,000	$1,120	$1,460	$2,030	$2,330
FY 2025	$980	$1,090	$1,420	$1,990	$2,310
FY 2024	$940	$1,060	$1,390	$1,960	$2,300
FY 2023	$790	$900	$1,180	$1,680	$1,960

Two-bedroom rent in nearby Pima County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 85707
85701	$1,530	+4.8%
85702	$1,410	−3.4%
85703	$1,410	−3.4%
85704	$1,700	+16.4%
85705	$1,210	−17.1%
85706	$1,230	−15.8%
85707Current	$1,460	—
85708	$1,880	+28.8%
85709	$1,410	−3.4%
85710	$1,430	−2.1%
85711	$1,280	−12.3%
85712	$1,290	−11.6%

Questions about ZIP 85707 rents

How much will Section 8 pay for a two-bedroom in ZIP 85707?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,460, that basic range is $1,314 to $1,606 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 85707 in?

ZIP 85707 is in the Tucson, 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 85707 for FY 2027?

The two-bedroom FMR was unchanged at $1,460 in FY 2027. Since FY 2023 it has risen 23.7%.

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

County fair market rent Tucson, AZ fair market rent AZ statewide rents What is SAFMR?Data sources