Location: Graham County, AZ | Metro: Graham County, AZ
| Unit Size | Monthly FMR |
|---|---|
| Studio | $860 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,230 |
| 3 Bedrooms | $1,600 |
| 4 Bedrooms | $2,060 |
| 5 Bedrooms | $2,390 |
| 6 Bedrooms | $2,677 |
| 7 Bedrooms | $2,891 |
| 8 Bedrooms | $3,036 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors targeting ZIP code 85543 in the Graham County, AZ metro area reveals several key insights. The HUD Fair Market Rent (FMR) for the metro scope in fiscal year 2026 is set at $1,320. This figure is notably higher than the market rent reported by the Census American Community Survey (ACS), which stands at $1,169. Given these numbers, voucher tenants in ZIP 85543 can cashflow comfortably at the FMR rate, suggesting that landlords will likely see positive financial outcomes from renting to Section 8 tenants.
To further understand the investment potential, consider the median home value in the area, which is $341,601. Using the HUD FMR of $1,320, we can calculate a rent-to-price ratio of approximately 4.7%, indicating that rental income is relatively low compared to property values. However, this also means that properties in ZIP 85543 are undervalued relative to their rental potential, making them attractive for investors looking for long-term appreciation.
The dynamics between renting and buying are also worth noting. The median Days on Market (DOM) is listed as N/A, which could indicate either a very efficient market or a lack of recent sales data. Additionally, the price-cut share of 0.3% suggests that sellers are rarely forced to lower their asking prices, implying a stable housing market. These factors contribute to a low-risk environment for both rental and purchase investments.
In conclusion, the strongest investor angle in ZIP 85543 is appreciation, due to the relatively low rent-to-price ratio and the stability indicated by the low price-cut share. This makes it an ideal location for investors seeking to build wealth over time through property ownership.
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.