Location: Gila County, AZ | Metro: Gila County, AZ
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,110 |
| 1 Bedroom | $1,150 |
| 2 Bedrooms | $1,480 |
| 3 Bedrooms | $1,840 |
| 4 Bedrooms | $2,110 |
| 5 Bedrooms | $2,448 |
| 6 Bedrooms | $2,742 |
| 7 Bedrooms | $2,961 |
| 8 Bedrooms | $3,109 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,480 | $403,094 | 0.37% | F |
| 3BR | $1,840 | $545,923 | 0.34% | F |
| 4BR | $2,110 | $678,271 | 0.31% | F |
U.S. Census Bureau data (2024)
15.5% of Pine, AZ's population are renters, indicating a moderate demand for rental properties in the area. The Fair Market Rent (FMR) for ZIP code 85544 is set at $1,580 for metro FY 2026, which is higher than the reported market rent of $1,375 based on Census ACS data. This suggests that landlords participating in the Section 8 program can expect to receive slightly above-average rents compared to the local market. With a median home value of $481,222, it's clear that homeownership in Pine, AZ is quite expensive, further supporting the importance of rental options for those who cannot afford to buy. However, the median income of $59,924 might pose challenges for potential tenants trying to meet the 30% income threshold required for Section 8 eligibility, especially given the higher FMR. The fact that the days on market (DOM) is listed as N/A could imply either very quick turnover or an underreported statistic, which should be verified before making investment decisions. Lastly, the price-cut share stands at 0.2%, suggesting that property values are relatively stable and there isn't much pressure to reduce prices to attract buyers or renters. Given these factors, the Section 8 program in ZIP 85544 offers a reliable source of rental income, though careful tenant screening is advised due to the income considerations.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.