Location: Greenlee County, AZ | Metro: Greenlee County, AZ
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
U.S. Census Bureau data (2024)
The ZIP code 85922 is primarily a homeowner-dominated area rather than a renter-heavy one. With only 8.1% of the population renting, the demand for Section 8 vouchers is relatively low compared to areas with higher percentages of renters. The median household income stands at $55,897, which provides a basis for understanding the financial capacity of potential tenants.
Market rent figures are currently unavailable, but we can use the Fair Market Rent (FMR) of $1,160 for FY 2026 as a benchmark. This figure represents the average cost of rent in the metro area and can be used to gauge affordability. Assuming a standard household budget where rent should not exceed 30% of income, typical market rents would consume approximately 20.7% of the median income ($1,160 / $55,897 * 100).
Comparing the FMR to the median income reveals that the average renter in this ZIP code would spend a significant portion of their income on housing, indicating that there might be a need for affordable options such as Section 8 vouchers. However, due to the lower percentage of renters, the overall demand for these vouchers will likely be less intense than in areas with a higher proportion of rental housing.
A landlord in ZIP 85922 should expect tenants who are seeking affordable housing solutions. These tenants are likely to have a limited disposable income beyond basic living expenses, including rent. Given the homeowner-dominated nature of the area, it's important to note that competition for rental properties may be less fierce, allowing landlords to focus on providing quality, affordable housing that meets the needs of those relying on Section 8 vouchers.
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.