ZIP 85138 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 85138 in the Phoenix-Mesa-Chandler, AZ MSA FMR area.

$1,680Efficiency
$1,8101 bedroom
$2,1002 bedrooms
$2,7703 bedrooms
$3,0704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,680$1,512$1,848$1,390
1 bedroom$1,810$1,629$1,991$1,493
2 bedrooms$2,100$1,890$2,310$1,734
3 bedrooms$2,770$2,493$3,047$2,287
4 bedrooms$3,070$2,763$3,377$2,537

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 85138

$68,625average adjusted gross income per tax return (2022)
$54,913average salaries and wages per return
24,860tax returns filed
37%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00021.7%
$25,000 to $50,00024.1%
$50,000 to $75,00019.3%
$75,000 to $100,00012.8%
$100,000 to $200,00019.0%
$200,000 or more3.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 14.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 85138?

HUD's FY2027 Small Area FMRs for ZIP 85138 (Phoenix-Mesa-Chandler, AZ MSA) are $1,680 efficiency, $1,810 one bedroom, $2,100 two bedrooms, $2,770 three and $3,070 four bedrooms.

What payment standard can a housing authority set in ZIP 85138?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,890 to $2,310.

How affordable is rent in ZIP 85138?

Tax returns filed from ZIP 85138 reported an average adjusted gross income of $68,625 (2022). A two-bedroom unit at the Small Area FMR costs $25,200 a year, or 37% of that income.