Location: Apache County, AZ | Metro: Apache County, AZ
| Unit Size | Monthly FMR |
|---|---|
| Studio | $830 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,170 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,650 |
| 5 Bedrooms | $1,914 |
| 6 Bedrooms | $2,144 |
| 7 Bedrooms | $2,316 |
| 8 Bedrooms | $2,432 |
U.S. Census Bureau data (2024)
The ZIP code 86028 stands out due to its extremely low population count, with only 47 residents. This makes it unique among other ZIP codes, especially when considering that there are currently no renters in the area, indicated by the 0.0% rental rate. The absence of data for median income and median home value suggests that this ZIP code has very little economic activity or may be predominantly composed of non-residential areas.
In terms of voucher economics, the Fair Market Rent (FMR) for ZIP 86028 is set at $1,200 for the fiscal year 2026. However, the lack of available market rent data means that we cannot compare the FMR to typical rental prices in the area. This discrepancy highlights the challenges of assessing rental markets in sparsely populated regions where traditional metrics do not provide meaningful insights.
Given the limited resident population and the absence of renters, the data signature for ZIP 86028 reads as highly stable. There is little indication of transitional trends such as new construction or significant demographic shifts that would typically influence rental markets. Landlords and small-portfolio investors should approach this ZIP code with caution, as the extremely low population density and lack of rental activity suggest a limited demand for housing units.
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.