Location: Navajo County, AZ | Metro: Navajo County, AZ
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $930 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,460 |
| 4 Bedrooms | $1,560 |
| 5 Bedrooms | $1,810 |
| 6 Bedrooms | $2,027 |
| 7 Bedrooms | $2,189 |
| 8 Bedrooms | $2,298 |
U.S. Census Bureau data (2024)
ZIP code 85911, located within the Navajo County, AZ metro, presents a unique profile when compared against typical ZIP codes in the same county. The Fair Market Rent (FMR) for 85911 is set at $1,250 for fiscal year 2026, which is higher than the market rent figure of $909. This discrepancy suggests that properties in 85911 might be slightly overpriced relative to what the market is currently bearing, making it potentially less attractive for conventional renters but more aligned with government-subsidized housing programs such as Section 8.
The absence of a reported home value for 85911 could indicate that it is primarily a rental area with fewer single-family homes or condominiums, which typically have recorded sales values. However, this ZIP has a significant 57.3% share of renters, much higher than the average for Navajo County, AZ. Such a high percentage of renters often points towards areas where subsidized housing is prevalent, as tenants in Section 8 housing are generally renters.
Given the above figures, 85911 appears to be a value pocket within its metro. It offers lower market rents than the FMR, suggesting that landlords who participate in the Section 8 program can expect to receive higher subsidies per unit. Additionally, the high renter share indicates a robust demand for rental properties, particularly those that accept Section 8 vouchers. Landlords and small-portfolio investors should consider this ZIP as an opportunity to serve a population that benefits from government assistance while potentially earning more than the prevailing market rent.
To further evaluate the attractiveness of 85911 for Section 8 investments, one would need to compare its vacancy rates, property management costs, and the local availability of Section 8 vouchers. These factors, combined with the existing data, will provide a clearer picture of the potential returns and challenges associated with this ZIP code.
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.