Section 8 Fair Market Rent (FMR) for ZIP 85736 - 2027

Location: Tucson, AZ | Metro: Tucson, AZ MSA

Investment Score for ZIP 85736

N/A

Monthly Rent (2BR)

$1,190

Median Price (2BR)

$N/A

1% Rule

Annual Yield

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$830
1 Bedroom	$930
2 Bedrooms	$1,190
3 Bedrooms	$1,680
4 Bedrooms	$1,960
5 Bedrooms	$2,274
6 Bedrooms	$2,547
7 Bedrooms	$2,751
8 Bedrooms	$2,889

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
3BR	$1,680	$300,278	0.56%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

4,219

Median Household Income

$51,250

Housing Units

1,954

Renter Percentage

12.9%

Occupancy Rate

84.6%

Renter Occupied

214

The ZIP code 85736, located in the suburban areas of Maricopa County, Arizona, offers a stable market for real estate investment, particularly for those interested in Section 8 housing. This region is characterized by a mix of residential neighborhoods and some commercial development, providing a balanced environment for both tenants and landlords.

The Fair Market Rent (FMR) for ZIP 85736 in fiscal year 2024 is set at $1620, which indicates the government's benchmark for rental affordability in the area.
The average market rent for properties in this ZIP code, according to the latest Census American Community Survey (ACS), stands at $993, showing a significant gap between the FMR and actual market rates.
The median home value in ZIP 85736 is $296,403, reflecting a moderate price range that is accessible for many potential buyers and investors.
Renters make up 12.9% of the population in this area, suggesting a smaller but still viable market for rental properties compared to owner-occupied homes.
The median household income in ZIP 85736 is $51,250, which provides insight into the economic conditions and purchasing power of the residents.
Unfortunately, the data on days on market (DOM) is currently unavailable, making it difficult to assess how quickly properties are typically sold or rented in this area.

Investors looking to enter the real estate market in ZIP 85736 should focus on properties that can meet the Fair Market Rent standards while being priced competitively in the local rental market. Given the lower market rent compared to the FMR, there is potential for landlords to attract Section 8 tenants without compromising on rental income. The moderate median home value also suggests that the area is not overly saturated with high-end investments, leaving room for diverse property types. However, the limited number of renters relative to homeowners means that the demand for rentals might be less robust than in more urbanized areas. Despite this, the steady income levels indicate a stable tenant base capable of meeting rental obligations. In summary, while there are some uncertainties regarding the speed of property turnover, the overall economic and rental landscape in ZIP 85736 presents a balanced opportunity for small-portfolio investors and landlords.

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.