FY2026 Fair Market Rents — Flagstaff, AZ MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,597
1BR
$1,727
2BR
$1,921
3BR
$2,343
4BR
$2,568
Hours/week at min wage
101 hrs
to afford the 2BR FMR @ $14.70/hr (AZ)
YoY change (2BR)
-1.1%
$21 vs FY2025 · 5-yr +46.1%
Voucher payment standard
$1,729–$2,113
PHAs set HCV payment at 90–110% of the 2BR FMR
Flagstaff, AZ MSA
Non-Metropolitan area · AZ · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,597 | $19,164 |
| 1-Bedroom | $1,727 | $20,724 |
| 2-Bedroom | $1,921 | $23,052 |
| 3-Bedroom | $2,343 | $28,116 |
| 4-Bedroom | $2,568 | $30,816 |
Recent 2-Bedroom FMR Trend
FY2020 $1,266 → FY2026 $1,921
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,597 | $1,727 | $1,921 | $2,343 | $2,568 |
| FY2025 | $1,564 | $1,714 | $1,942 | $2,379 | $2,666 |
| FY2024 | $1,448 | $1,537 | $1,863 | $2,253 | $2,633 |
| FY2023 | $1,227 | $1,308 | $1,615 | $1,974 | $2,387 |
| FY2022 | $1,138 | $1,166 | $1,474 | $1,868 | $2,245 |
| FY2021 | $1,026 | $1,062 | $1,315 | $1,712 | $2,058 |
| FY2020 | $964 | $1,024 | $1,266 | $1,653 | $2,003 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $106,000
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $23,550 | $26,900 | $30,250 | $33,600 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $39,200 | $44,800 | $50,400 | $56,000 | $60,500 | $65,000 |
| 80% AMI (Low) | $62,750 | $71,700 | $80,650 | $89,600 | $96,800 | $103,950 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$23,052/yr
FMR as % of Area Median Income
21.7% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$76,840/yr
$6,403/mo gross income
FY2026 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $927 | $1,060 | $1,192 | $1,431 | $1,536 |
| 60% AMI Maximum | $1,113 | $1,272 | $1,431 | $1,717 | $1,844 |
FY2026 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $1,597 | $1,722 | $1,722 | $1,722 | $1,722 |
| Low HOME Rent | $980 | $1,120 | $1,260 | $1,400 | $1,512 |
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