Location: Navajo County, AZ | Metro: Navajo County, AZ
| Unit Size | Monthly FMR |
|---|---|
| Studio | $860 |
| 1 Bedroom | $930 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,490 |
| 4 Bedrooms | $1,590 |
| 5 Bedrooms | $1,844 |
| 6 Bedrooms | $2,065 |
| 7 Bedrooms | $2,230 |
| 8 Bedrooms | $2,342 |
U.S. Census Bureau data (2024)
The ZIP code 85902 stands out due to its extremely low number of residents, with only 2 individuals recorded. This makes it one of the least populated areas for which we have data, presenting unique challenges and opportunities for real estate analysis. The lack of specific percentages for those renting, as well as median income and median home value, indicates that there is insufficient data to draw meaningful conclusions about the typical housing conditions and economic status of this area.
Moving to the specifics of Section 8 vouchers, the Fair Market Rent (FMR) for the metro area covering ZIP 85902 is set at $1,250 for fiscal year 2026. This figure represents the maximum amount that a landlord can receive through the voucher program for a unit in this ZIP code. Given the absence of market rent data, it's difficult to compare the FMR against local rental rates, but the voucher amount provides a clear benchmark for landlords considering participation in the program.
Due to the scarcity of residents and the limited data available, the overall economic and housing situation in ZIP 85902 cannot be characterized as either stable or transitional. However, with such a small population, any changes could potentially have a significant impact on the area's dynamics. Landlords and small-portfolio investors should proceed with caution, relying heavily on the FMR data provided for the Section 8 program, while also being aware of the broader context and potential for rapid shifts in the local market.
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.