FY2026 Fair Market Rents — Maricopa County
Studio
$1,457
1BR
$1,583
2BR
$1,839
3BR
$2,452
4BR
$2,720
Maricopa County, Arizona
FIPS 04013 · County-level FMR and income limit data
FMR Area: Phoenix-Mesa-Scottsdale, AZ MSA
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 |
To afford the FY2026 2-bedroom FMR of $1,839/mo under the 30%-of-income rule, a household needs about
$73,560/yr ($6,130/mo). Area Median Income is $112,400.
At AZ's state minimum wage of $14.70/hr, a worker would need to work 97 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $112,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $23,600 | $27,000 | $30,350 | $33,700 | $38,680 | $44,360 |
| 50% AMI | $39,350 | $45,000 | $50,600 | $56,200 | $60,700 | $65,200 |
| 80% AMI | $62,950 | $71,950 | $80,950 | $89,900 | $97,100 | $104,300 |