Phoenix-Mesa-Chandler, AZ Fair Market Rents (FY2027)
The 2-bedroom fair market rent for Phoenix-Mesa-Chandler, AZ in FY2027 is $1,734.
FMRs are HUD's estimate of 40th-percentile gross rent (shelter rent plus utilities) for recent movers in standard units.
An FMR is not a voucher amount. Each housing authority sets its own payment standards, normally between 90% and 110% of the FMR; HUD rules also allow exception amounts above 110% in some cases. Where HUD requires Small Area FMRs, or a housing authority has chosen to use them, payment standards are based on ZIP code rents, not the area-wide FMR shown here. Ask your housing authority for its payment standard.
This row is a HUD metropolitan FMR area: a whole metro area or a part of one that HUD prices separately. HUD area code METRO38060M38060.
| Area | Studio | 1 bedroom | 2 bedroom | 3 bedroom | 4 bedroom |
|---|---|---|---|---|---|
| Phoenix-Mesa-Chandler, AZ | $1,390 | $1,493 | $1,734 | $2,287 | $2,537 |