ZIP 85259 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 85259 in the Phoenix-Mesa-Chandler, AZ MSA FMR area.

$1,560Efficiency
$1,6801 bedroom
$1,9502 bedrooms
$2,5703 bedrooms
$2,8504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,560$1,404$1,716$1,390
1 bedroom$1,680$1,512$1,848$1,493
2 bedrooms$1,950$1,755$2,145$1,734
3 bedrooms$2,570$2,313$2,827$2,287
4 bedrooms$2,850$2,565$3,135$2,537

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

Income in ZIP 85259

$241,144average adjusted gross income per tax return (2022)
$124,893average salaries and wages per return
10,860tax returns filed
10%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00017.1%
$25,000 to $50,00012.5%
$50,000 to $75,00010.6%
$75,000 to $100,0008.3%
$100,000 to $200,00021.4%
$200,000 or more30.1%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 3.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 85259?

HUD's FY2027 Small Area FMRs for ZIP 85259 (Phoenix-Mesa-Chandler, AZ MSA) are $1,560 efficiency, $1,680 one bedroom, $1,950 two bedrooms, $2,570 three and $2,850 four bedrooms.

What payment standard can a housing authority set in ZIP 85259?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,755 to $2,145.

How affordable is rent in ZIP 85259?

Tax returns filed from ZIP 85259 reported an average adjusted gross income of $241,144 (2022). A two-bedroom unit at the Small Area FMR costs $23,400 a year, or 10% of that income.