FMR is below market; voucher rent may lag private rents.
0.50
1 BR
1 BR
0.53ratio
FMR$930
Market$1,740
vs market-$810
FMR is below market; voucher rent may lag private rents.
0.53
2 BR
2 BR
0.65ratio
FMR$1,200
Market$1,850
vs market-$650
FMR is below market; voucher rent may lag private rents.
0.65
3 BR
3 BR
0.64ratio
FMR$1,490
Market$2,320
vs market-$830
FMR is below market; voucher rent may lag private rents.
0.64
4 BR
4 BR
0.53ratio
FMR$1,590
Market$3,020
vs market-$1,430
FMR is below market; voucher rent may lag private rents.
0.53
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 85902 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 85902 (Show Low, AZ) is $1,200 a month. That is down 4.0% from $1,250 in FY 2026. Show Low is in the Navajo 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 $1,264. Among 26 ZIP codes in Navajo County, 85902 has the 21st-highest two-bedroom rent (county range $1,180–$1,750). The median county two-bedroom FMR in Arizona is $1,244, so ZIP 85902 is 4% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 85902
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$900
$860
−4.4%
$774–$946
1BR
$950
$930
−2.1%
$837–$1,023
2BR
$1,250
$1,200
−4.0%
$1,080–$1,320
3BR
$1,540
$1,490
−3.2%
$1,341–$1,639
4BR
$1,660
$1,590
−4.2%
$1,431–$1,749
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 85902
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$860
$930
$1,200
$1,490
$1,590
FY 2026
$900
$950
$1,250
$1,540
$1,660
FY 2025
$890
$950
$1,240
$1,540
$1,650
FY 2024area FMR
$856
$906
$1,190
$1,509
$1,585
FY 2023area FMR
$722
$788
$1,037
$1,336
$1,393
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby Navajo County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 85902?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,264, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,138 to $1,390 a month; under the ZIP-level Small Area FMR of $1,200 it would be $1,080 to $1,320. 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 85902 in?
ZIP 85902 is in the Navajo County, AZ non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,264.
How much did fair market rent change in ZIP 85902 for FY 2027?
The two-bedroom FMR fell 4.0%, from $1,250 in FY 2026 to $1,200 in FY 2027. Since FY 2025 it has fallen 3.2%.
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