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 Section 8 market analysis for ZIP code 85357, located in La Paz County, AZ metro, reveals several key points for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the area is set at $1,150 per month for the fiscal year 2026. However, due to the lack of available data on market rents, it's challenging to provide a direct comparison between the HUD FMR and what the market currently offers.
Voucher tenants in ZIP 85357 will generally cashflow at the HUD FMR rate of $1,150, assuming that the market rents do not significantly exceed this figure. This means that landlords can expect a positive cash flow when renting to Section 8 tenants without needing to rely on premium units. The absence of data on median home values makes it difficult to calculate an exact rent-to-price ratio, but typically, a higher ratio suggests a better rental market.
In ZIP 85357, the lack of information on the number of days to sell (DOM) and the percentage of homes that required a price cut indicates that the buy-versus-rent dynamic might not be as critical as in other areas. Nonetheless, the absence of these figures could also imply a stable market where homes sell relatively quickly and at or near asking price, which is favorable for both buyers and sellers.
The strongest investment angle in ZIP 85357 appears to be cashflow. Given that voucher tenants can cover their monthly rent at the HUD FMR rate, landlords can focus on maintaining properties and ensuring long-term tenancy rather than chasing volatile market rents. This stability provides a reliable income stream for investors, making Section 8 properties a solid choice for those looking to generate consistent returns in the area.
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.