Location: Tucson, AZ | Metro: Tucson, AZ MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,020 |
| 1 Bedroom | $1,140 |
| 2 Bedrooms | $1,460 |
| 3 Bedrooms | $2,030 |
| 4 Bedrooms | $2,300 |
| 5 Bedrooms | $2,668 |
| 6 Bedrooms | $2,988 |
| 7 Bedrooms | $3,227 |
| 8 Bedrooms | $3,388 |
U.S. Census Bureau data (2024)
The economics of Section 8 in ZIP 85707 operate under specific guidelines that affect both landlords and tenants. For a two-bedroom rental unit, the SAFMR (Small Area Fair Market Rent) is set at $1390 per month for fiscal year 2024. This figure is crucial because it represents the maximum amount that the housing authority will pay towards a tenant's rent subsidy.
In ZIP 85707, the local market rent data is currently unavailable, which means landlords must rely on the SAFMR to estimate their potential income from a Section 8 tenant. The SAFMR is specifically tailored for this ZIP code, ensuring that the rate reflects the local rental market conditions accurately.
A voucher payment consists of two parts: the tenant's contribution and the housing authority's subsidy. The tenant's portion is typically 30% of their adjusted monthly income. If a tenant has an adjusted monthly income of $1000, their contribution would be $300. The housing authority then covers the remaining portion up to the SAFMR limit. In addition to the base rent, there are utility allowances that can vary but generally add a few hundred dollars to the total reimbursement.
For instance, if a tenant's contribution is $300 and the utility allowance is $200, the total reimbursement for a $1390 SAFMR would be $590 paid by the tenant and $800 covered by the housing authority. This calculation leaves no surplus or shortfall for the landlord since the reimbursement matches the SAFMR exactly.
However, if the actual market rent for a similar property exceeds $1390, landlords may face a reimbursement gap. Conversely, if the market rent is below $1390, landlords could receive a surplus. Given the lack of specific local market rent data for ZIP 85707, landlords should consider the SAFMR as the baseline for their expected income from a Section 8 voucher holder.
In summary, landlords in ZIP 85707 can expect a voucher reimbursement of up to $1390 for a two-bedroom unit, with the tenant contributing approximately 30% of their income and additional utility allowances. The exact reimbursement gap or surplus will depend on the local market rent, which is currently not available. Landlords should set their rents strategically around the SAFMR to ensure they are compensated fairly.
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.