Location: La Paz County, AZ | Metro: La Paz County, AZ
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,750 |
| 5 Bedrooms | $2,030 |
| 6 Bedrooms | $2,274 |
| 7 Bedrooms | $2,456 |
| 8 Bedrooms | $2,579 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 85334 reveals several key points regarding its viability for real estate investment, particularly focusing on the rental market.
The rent math does not work favorably. The Fair Market Rent (FMR) for the area in fiscal year 2026 is set at $1,080, which is significantly higher than the current market rent of $722 as reported by the Census ACS. This discrepancy suggests that landlords may find it challenging to justify higher rents to tenants based on current market conditions.
Regarding acquisition affordability, the data presents some limitations. The median home value is listed as N/A, indicating a lack of sufficient data to assess typical property costs. Similarly, the average days on market (DOM) and the percentage of homes requiring price reductions before sale are also marked as N/A, suggesting difficulties in acquiring properties at affordable rates due to insufficient information.
Tenant demand is relatively low in ZIP 85334. With a total population of 697, only 55.7% of residents are renters. This means there are approximately 389 potential tenants in the area, which could be insufficient to sustain a robust rental market.
In conclusion, ZIP 85334 presents unfavorable conditions for small-portfolio investors and landlords. The disparity between the FMR and the actual market rent indicates a challenging environment for setting profitable rental prices. Limited data on median home values and acquisition trends suggest difficulties in purchasing properties at reasonable costs. Lastly, the modest tenant demand, represented by the low number of renters relative to the overall population, poses an additional risk. These factors collectively point towards a less attractive investment opportunity in this ZIP code.
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.