What is the Fair Market Rent for a 2-bedroom in Phoenix-Mesa-Scottsdale, AZ MSA?

The HUD Fair Market Rent for a 2-bedroom unit in Phoenix-Mesa-Scottsdale, AZ MSA is $1,839 per month for fiscal year 2026. The studio FMR is $1,457, 1-bedroom is $1,583, 3-bedroom is $2,452, and 4-bedroom is $2,720.

What income do you need to afford the FMR in Phoenix-Mesa-Scottsdale, AZ MSA?

Using the standard 30%-of-income affordability rule, a household would need to earn about $73,560 per year ($6,130 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,839 in Phoenix-Mesa-Scottsdale, AZ MSA.

FY2026 Fair Market Rents — Phoenix-Mesa-Scottsdale, AZ MSA

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$1,457

1BR

$1,583

2BR

$1,839

3BR

$2,452

4BR

$2,720

Hours/week at min wage

97 hrs

to afford the 2BR FMR @ $14.70/hr (AZ)

YoY change (2BR)

-5.7%

$111 vs FY2025 · 5-yr +47%

Voucher payment standard

$1,655–$2,023

PHAs set HCV payment at 90–110% of the 2BR FMR

Phoenix-Mesa-Scottsdale, 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)	$1,457	$17,484
1-Bedroom	$1,583	$18,996
2-Bedroom	$1,839	$22,068
3-Bedroom	$2,452	$29,424
4-Bedroom	$2,720	$32,640

Recent 2-Bedroom FMR Trend

FY2020 $1,173 → FY2026 $1,839

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$1,457	$1,583	$1,839	$2,452	$2,720
FY2025	$1,530	$1,679	$1,950	$2,624	$2,934
FY2024	$1,460	$1,599	$1,877	$2,541	$2,890
FY2023	$1,344	$1,467	$1,740	$2,386	$2,716
FY2022	$1,005	$1,091	$1,311	$1,825	$2,078
FY2021	$933	$1,032	$1,251	$1,765	$2,010
FY2020	$847	$958	$1,173	$1,676	$1,916

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $112,400

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$23,600	$27,000	$30,350	$33,700	$38,680	$44,360
50% AMI (Very Low)	$39,350	$45,000	$50,600	$56,200	$60,700	$65,200
80% AMI (Low)	$62,950	$71,950	$80,950	$89,900	$97,100	$104,300

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$22,068/yr

FMR as % of Area Median Income

19.6% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$73,560/yr

$6,130/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	$983	$1,124	$1,264	$1,517	$1,629
60% AMI Maximum	$1,180	$1,348	$1,517	$1,820	$1,955

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	$1,457	$1,583	$1,826	$1,826	$1,826
Low HOME Rent	$983	$1,125	$1,265	$1,405	$1,517

Small Area FMRs by ZIP Code

This metro publishes ZIP-level Small Area Fair Market Rents. Metro-wide 2BR FMR: $1,839. About SAFMRs →

Highest-cost ZIPs (2BR SAFMR)

85045	$2,760
85249	$2,760
85255	$2,760
85262	$2,760
85266	$2,760

Lowest-cost ZIPs (2BR SAFMR)

85006	$1,530
85007	$1,530
85009	$1,530
85017	$1,530
85040	$1,530

All 219 ZIP codes in this area

85001 85002 85003 85004 85005 85006 85007 85008 85009 85010 85011 85012 85013 85014 85015 85016 85017 85018 85019 85020 85021 85022 85023 85024 85026 85027 85028 85029 85030 85031 85032 85033 85034 85035 85036 85037 85040 85041 85042 85043 85044 85045 85046 85048 85050 85051 85053 85054 85060 85061 85063 85064 85066 85067 85068 85069 85070 85071 85074 85076 85078 85079 85080 85082 85083 85085 85086 85087 85117 85118 85119 85120 85121 85122 85123 85127 85128 85130 85131 85132 85137 85138 85139 85140 85141 85142 85143 85144 85145 85147 85172 85173 85178 85191 85192 85193 85194 85201 85202 85203 85204 85205 85206 85207 85208 85209 85210 85211 85212 85213 85214 85215 85216 85224 85225 85226 85233 85234 85236 85244 85246 85248 85249 85250 85251 85252 85253 85254 85255 85256 85257 85258 85259 85260 85261 85262 85263 85264 85266 85267 85268 85269 85271 85274 85275 85277 85280 85281 85282 85283 85284 85285 85286 85287 85288 85295 85296 85297 85298 85299 85301 85302 85303 85304 85305 85306 85307 85308 85309 85310 85311 85312 85318 85320 85322 85323 85326 85327 85329 85331 85333 85335 85337 85338 85339 85340 85342 85343 85345 85351 85353 85354 85355 85361 85363 85372 85373 85374 85375 85376 85377 85378 85379 85380 85381 85382 85383 85385 85387 85388 85390 85392 85395 85396 85539 85545 85618 85623 85631

Compare Phoenix-Mesa-Scottsdale, AZ MSA With Other AZ Metros

vs. Flagstaff, AZ MSA vs. Lake Havasu City-Kingman, AZ MSA vs. Phoenix-Mesa-Scottsdale, AZ MSA vs. Prescott Valley-Prescott, AZ MSA vs. Prescott, AZ MSA