ZIP 85602 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 85602 in the Phoenix-Mesa-Chandler, AZ MSA FMR area.

Phoenix-Mesa-Chandler, AZ MSA

$1,080Efficiency

$1,1701 bedroom

$1,3802 bedrooms

$1,8703 bedrooms

$2,1204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$1,080	$972	$1,188	$1,390
1 bedroom	$1,170	$1,053	$1,287	$1,493
2 bedrooms	$1,380	$1,242	$1,518	$1,734
3 bedrooms	$1,870	$1,683	$2,057	$2,287
4 bedrooms	$2,120	$1,908	$2,332	$2,537

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

Sierra Vista-Douglas, AZ MSA

$1,080Efficiency

$1,1701 bedroom

$1,3802 bedrooms

$1,8703 bedrooms

$2,1204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$1,080	$972	$1,188	$836
1 bedroom	$1,170	$1,053	$1,287	$1,000
2 bedrooms	$1,380	$1,242	$1,518	$1,153
3 bedrooms	$1,870	$1,683	$2,057	$1,597
4 bedrooms	$2,120	$1,908	$2,332	$1,927

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

Tucson, AZ MSA

$1,080Efficiency

$1,1701 bedroom

$1,3802 bedrooms

$1,8703 bedrooms

$2,1204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$1,080	$972	$1,188	$978
1 bedroom	$1,170	$1,053	$1,287	$1,092
2 bedrooms	$1,380	$1,242	$1,518	$1,405
3 bedrooms	$1,870	$1,683	$2,057	$1,946
4 bedrooms	$2,120	$1,908	$2,332	$2,211

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

Income in ZIP 85602

$58,152average adjusted gross income per tax return (2022)

$37,750average salaries and wages per return

4,580tax returns filed

28%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	33.2%
$25,000 to $50,000	25.5%
$50,000 to $75,000	14.2%
$75,000 to $100,000	9.4%
$100,000 to $200,000	15.1%
$200,000 or more	2.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 15.1% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 85602?

HUD's FY2027 Small Area FMRs for ZIP 85602 (Phoenix-Mesa-Chandler, AZ MSA) are $1,080 efficiency, $1,170 one bedroom, $1,380 two bedrooms, $1,870 three and $2,120 four bedrooms.

What payment standard can a housing authority set in ZIP 85602?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,242 to $1,518.

How affordable is rent in ZIP 85602?

Tax returns filed from ZIP 85602 reported an average adjusted gross income of $58,152 (2022). A two-bedroom unit at the Small Area FMR costs $16,560 a year, or 28% of that income.