FMR is below market; voucher rent may lag private rents.
0.89
1 BR
1 BR
0.92ratio
FMR$1,440
Market$1,570
vs market-$130
FMR is near market; voucher and private rents are aligned.
0.92
2 BR
2 BR
1.00ratio
FMR$1,800
Market$1,800
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
3 BR
3 BR
1.07ratio
FMR$2,490
Market$2,320
vs market+$170
FMR is near market; voucher and private rents are aligned.
1.07
4 BR
4 BR
1.01ratio
FMR$2,640
Market$2,620
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.01
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 86313 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 86313 (Prescott, AZ) is $1,800 a month. That is down 6.3% from $1,920 in FY 2026. Prescott is in the Prescott Valley-Prescott, AZ MSA. 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 metro-wide two-bedroom FMR of $1,550. Among 33 ZIP codes in Yavapai County, 86313 is tied for the 3rd-highest two-bedroom rent (county range $1,480–$2,330). The median county two-bedroom FMR in Arizona is $1,244, so ZIP 86313 is 45% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 86313
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,320
$1,250
−5.3%
$1,125–$1,375
1BR
$1,530
$1,440
−5.9%
$1,296–$1,584
2BR
$1,920
$1,800
−6.2%
$1,620–$1,980
3BR
$2,670
$2,490
−6.7%
$2,241–$2,739
4BR
$2,930
$2,640
−9.9%
$2,376–$2,904
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 86313
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,250
$1,440
$1,800
$2,490
$2,640
FY 2026
$1,320
$1,530
$1,920
$2,670
$2,930
FY 2025
$1,280
$1,500
$1,860
$2,570
$2,950
FY 2024
$1,070
$1,280
$1,580
$2,190
$2,560
FY 2023
$860
$1,040
$1,280
$1,770
$2,040
Two-bedroom rent in nearby Yavapai County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 86313?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,550, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,395 to $1,705 a month; under the ZIP-level Small Area FMR of $1,800 it would be $1,620 to $1,980. 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 86313 in?
ZIP 86313 is in the Prescott Valley-Prescott, AZ MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,550.
How much did fair market rent change in ZIP 86313 for FY 2027?
The two-bedroom FMR fell 6.3%, from $1,920 in FY 2026 to $1,800 in FY 2027. Since FY 2023 it has risen 40.6%.
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