Location: Navajo County, AZ | Metro: Apache County, AZ
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $930 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,460 |
| 4 Bedrooms | $1,670 |
| 5 Bedrooms | $1,937 |
| 6 Bedrooms | $2,169 |
| 7 Bedrooms | $2,343 |
| 8 Bedrooms | $2,460 |
U.S. Census Bureau data (2024)
The ZIP code 85930, located in McNary, Arizona within Navajo County, serves as a strong diversifier within a Section 8 portfolio strategy. With a median income of $54,250, it aligns well with the financial assistance provided under the Section 8 program. The significant renter share of 40.4% indicates a high demand for affordable housing, making this area ideal for landlords and small-portfolio investors seeking steady rental income.
A key advantage of investing in ZIP 85930 is the substantial spread between the Fair Market Rent (FMR) of $1,250 for the metro area in fiscal year 2026 and the actual market rent of $523. This difference suggests that properties in this ZIP code can be rented out at rates that are significantly below the FMR, thus attracting more tenants eligible for Section 8 vouchers. Additionally, the median home value in the area is notably low at $64,600, which can reduce acquisition costs for investors looking to build a diversified portfolio.
While appreciation plays and cash-flow anchors might be less prominent due to the lack of recent price increase data and the absence of a significant spread between market and FMR rents, the focus on diversification provides stability and reduces risk. ZIP 85930's characteristics make it a reliable choice for investors aiming to balance their portfolios with properties that offer consistent returns and serve a critical need for affordable housing.
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.