Location: Navajo County, AZ | Metro: Navajo County, AZ
| Unit Size | Monthly FMR |
|---|---|
| Studio | $890 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,260 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $1,660 |
| 5 Bedrooms | $1,926 |
| 6 Bedrooms | $2,157 |
| 7 Bedrooms | $2,330 |
| 8 Bedrooms | $2,447 |
U.S. Census Bureau data (2024)
The ZIP code 85923 is not a suitable target for landlords focusing on Section 8 tenants. With a population of 442 and 0.0% of residents being renters, it's evident that this area is predominantly homeowner-dominated. The lack of renters means that there is very little demand for rental properties, let alone those accepting Section 8 vouchers.
The median household income for this ZIP code is not available, which makes it challenging to provide a precise comparison between local income and market rent. However, given the low percentage of renters, it can be inferred that the typical rent consumes a minimal portion of the local income compared to other areas with higher renter populations.
Despite the unavailability of specific market rent figures, we can still compare the situation to the Fair Market Rent (FMR) of $1,250, applicable for FY 2026 in the metropolitan area. This FMR is indicative of the average rent level for a two-bedroom apartment in the region but does not directly apply to ZIP 85923 due to the scarcity of rental units.
A landlord in ZIP 85923 should expect a tenant profile that is unlikely to include many Section 8 participants. The area's characteristics suggest that most tenants would be individuals or families who own their homes, and any potential renters would likely be outside the typical Section 8 income bracket. Therefore, landlords interested in Section 8 tenants should look elsewhere for opportunities, as ZIP 85923 does not offer a fertile ground for such investments.
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.