Location: Sierra Vista-Douglas, AZ | Metro: Sierra Vista-Douglas, AZ MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,140 |
| 3 Bedrooms | $1,580 |
| 4 Bedrooms | $1,900 |
| 5 Bedrooms | $2,204 |
| 6 Bedrooms | $2,468 |
| 7 Bedrooms | $2,665 |
| 8 Bedrooms | $2,798 |
U.S. Census Bureau data (2024)
The ZIP code 85627 is not predominantly a renter-heavy area. With only 4.8% of the population renting, it is clear that homeownership dominates this community. The total population of 430 residents means that there are approximately 20 rental households in this ZIP code.
The median household income stands at $72,917, which provides context for the affordability of housing. However, specific market rent figures are not available for this ZIP code, making it challenging to determine precisely how much of the local income is dedicated to rent. Nevertheless, we can compare the situation to the Fair Market Rent (FMR) set by HUD, which is $1,160 per month for FY 2024 in this ZIP code.
Assuming that the market rent aligns closely with the FMR, we can estimate that the average rent consumes about 18% of the median household income. This calculation is based on the annualized FMR of $13,920 ($1,160 x 12 months), which is roughly 19% of $72,917. In areas where the cost of living is higher, this percentage can be indicative of the financial strain renters might face.
The scarcity of voucher demand in this ZIP code suggests that landlords will likely encounter fewer tenants seeking assistance through the Section 8 program. Instead, they should anticipate a tenant pool that is largely self-sufficient, with individuals or families capable of paying market rents without government subsidies. These tenants will most likely have stable incomes and be able to afford housing costs that are in line with the local economic conditions.
To summarize, ZIP 85627 is primarily a homeowner-dominated area with limited rental activity and a low incidence of Section 8 voucher usage. Landlords should prepare for a tenant base that can manage market rents without needing rental assistance, reflecting the overall economic health of the community.
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.