Section 8 Fair Market Rent (FMR) for ZIP 85628 - 2027

FY 2027 Fair Market Rent Rates

The Fair Market Rent (FMR) for ZIP code 85628 in metro FY 2026 is set at $1,130. This figure represents the payment standard used by the Housing Choice Voucher Program, commonly known as Section 8. It's important to note that this is not the amount you will receive as rent; it's the maximum amount the government will pay towards a tenant's rent.

In ZIP 85628, the local median rent is currently listed as N/A. However, the N/A% of residents who are renters indicates a significant demand for affordable housing in the area. If the local median rent were higher than the FMR, landlords participating in Section 8 could see a lower income compared to market rates. But the strong renter share suggests there are many potential tenants who would be interested in your property.

When acquiring a property in ZIP 85628, the average cost is also noted as N/A. This can make it challenging to estimate the initial investment required. However, knowing the FMR helps you understand the rent ceiling for Section 8 tenants, which can guide your decision on whether the property will generate enough income to cover expenses and provide a profit.

Before deciding to enter the Section 8 market, verify that your property meets all the necessary requirements for participation. This includes ensuring it passes the Housing Quality Standards (HQS) inspection, which checks for safety and habitability. Once you confirm these standards are met, you can confidently proceed with renting to Section 8 tenants, knowing you'll receive a steady $1,130 per month towards rent, adjusted based on the tenant's contribution.

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.