Section 8 Fair Market Rent (FMR) for ZIP 86446 - 2027

FY 2027 Fair Market Rent Rates

The Fair Market Rent (FMR) for ZIP code 86446 in Arizona for fiscal year 2024 is set at $1210. This figure represents the maximum amount that a landlord can charge for rent under the Section 8 program. It's important to note that this is not necessarily the amount you will receive as rent; it's the benchmark used by the housing authority to determine the reasonableness of your rental price.

In ZIP 86446, the median rent for non-subsidized properties is currently listed as N/A. However, the percentage of renters who would qualify for Section 8 based on income levels is N/A%. This suggests a significant demand for affordable housing in the area. If the N/A% is notably high, it indicates that there are many potential tenants who could benefit from Section 8 subsidies.

The typical acquisition cost for a property in this ZIP code is also marked as N/A. While this data point is missing, it's crucial to understand that the FMR of $1210 can help guide your investment decisions. For instance, if you know the average property value, you can estimate whether the $1210 FMR will cover your mortgage and maintenance costs effectively.

Before proceeding with a Section 8 rental, one key verification step is essential. Ensure that your property meets all the necessary inspection criteria set by the local housing authority. This includes safety standards, cleanliness, and structural integrity. Failure to meet these requirements can result in rejection of your application, even if the rent aligns with the $1210 FMR.

Data Sources: FMR data from HUD (2027).

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.