Location: La Paz County, AZ | Metro: La Paz County, AZ
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,030 |
| 1 Bedroom | $1,060 |
| 2 Bedrooms | $1,340 |
| 3 Bedrooms | $1,810 |
| 4 Bedrooms | $2,180 |
| 5 Bedrooms | $2,529 |
| 6 Bedrooms | $2,832 |
| 7 Bedrooms | $3,059 |
| 8 Bedrooms | $3,212 |
U.S. Census Bureau data (2024)
The ZIP code 85328 represents a unique area with a total population of 245 residents. Notably, there are no renters recorded in this community, indicating it is entirely composed of homeowners. The absence of data on median income and median home value suggests that either these figures are not available, or the population size is too small to provide meaningful statistics. This makes 85328 an atypical market for traditional rental analysis.
Despite the lack of conventional rental data, the Fair Market Rent (FMR) for the metro area covering fiscal year 2026 is set at $1,430. Without a direct comparison to local market rents due to insufficient data, it's challenging to gauge how this figure aligns with the actual housing costs in 85328. However, the FMR serves as a guideline for rental prices in similar areas, which might be relevant for understanding the broader regional context.
Given the characteristics of ZIP 85328, it would not suit a hands-off voucher operator. The absence of renters and the limited population size make it impractical for such an investment strategy. Conversely, for a hands-on value-add buyer looking to develop properties in niche markets, 85328 could present an opportunity. Investors should focus on understanding the local dynamics, including potential growth areas and the feasibility of introducing rental properties, given the current homeowner-centric landscape.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.