Location: Graham County, AZ | Metro: Graham County, AZ
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,940 |
| 5 Bedrooms | $2,250 |
| 6 Bedrooms | $2,520 |
| 7 Bedrooms | $2,722 |
| 8 Bedrooms | $2,858 |
ZIP code 85548, located within Graham County, Arizona, has a Fair Market Rent (FMR) of $1,240 for fiscal year 2026. This figure provides insight into the rental housing market dynamics in the area.
The FMR is a key indicator used by the U.S. Department of Housing and Urban Development (HUD) to determine eligibility for certain housing assistance programs, including Section 8. However, specific market rents and home values for ZIP 85548 are currently unavailable, making direct comparisons to other ZIP codes within Graham County challenging.
Given that the FMR for ZIP 85548 is $1,240, it can be inferred that this is the maximum amount HUD will pay for a unit in the area. If the actual market rents are lower than this FMR, it suggests that 85548 could be a value pocket where landlords can attract tenants eligible for Section 8 assistance without setting rents at the highest possible levels.
The lack of data on market rents and home values indicates that there might not be sufficient information to definitively classify 85548 as a mid-tier or premium sub-market relative to the rest of Graham County. However, the absence of data on home values could imply that residential property valuation in this ZIP code is less standardized or less frequently reported compared to others.
A notable point is the unknown percentage of renters in ZIP 85548. Typically, a higher renter share in an area with below-average home values can signal a potential sweet spot for Section 8 properties, as it indicates a larger population dependent on rental housing. Landlords should consider investigating further into the local rental market trends and the availability of Section 8 vouchers to better understand the investment potential of this ZIP code.
To make a more informed decision about the classification of ZIP 85548 within its metro, landlords and small-portfolio investors should conduct additional research to gather missing data points on market rents and home values. This would provide a clearer picture of how 85548 stacks up against other ZIP codes in Graham County.
Data Sources: FMR data from HUD (2027).
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.