Rental markets / Phoenix

Phoenix fair market rents

Explore rent benchmarks by bedroom and ZIP, compare local rental households, then test a property using your own costs.

HUD rent dataPhoenix-Mesa-Chandler, AZ MSA

3-bedroom gross-rent benchmark

$2,452 / month

-6.6% from FY2025.

FY2026 · effective Oct 1, 2025

Includes tenant-paid utilities. A benchmark, not an approved rent or property-specific estimate.

Published rent benchmarks

FY2025
$2,624
FY2026
$2,452
FY2027
$2,287

Published schedules for the selected bedroom count. Benchmark changes are not a forecast.

Phoenix-Mesa-Chandler, AZ MSA · Monthly gross rents
Bedroom countFY2025FY2026 · currentFY2027 · upcoming
Studio$1,530$1,457$1,390
1 bedroom$1,679$1,583$1,493
2 bedrooms$1,950$1,839$1,734
3 bedrooms$2,624$2,452$2,287
4 bedrooms$2,934$2,720$2,537

FY2026 HUD area coverage: Maricopa County, AZ; Pinal County, AZ. ZIP schedules may cover portions of this area.

Compare rents by ZIP code

Monthly HUD gross-rent benchmarks, including tenant-paid utilities. Choose 2–4 ZIPs to compare.

225 ZIP codes across published schedules

ZIP rent table
FY2026 monthly gross rents by ZIP. Missing observations are unavailable.
ZIPStudio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,370$1,490$1,730$2,310$2,560
$1,700$1,850$2,150$2,870$3,180
$1,460$1,580$1,840$2,450$2,720
$1,190$1,300$1,530$2,070$2,350
$1,190$1,300$1,530$2,070$2,350
$1,300$1,410$1,640$2,190$2,430
$1,190$1,300$1,530$2,070$2,350
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,590$1,730$2,010$2,680$2,970
$1,580$1,710$1,990$2,650$2,940
$1,440$1,570$1,820$2,430$2,690
$1,240$1,340$1,560$2,080$2,350
$1,680$1,830$2,120$2,830$3,140
$1,200$1,300$1,530$2,070$2,350
$1,530$1,660$1,930$2,570$2,850
$1,240$1,350$1,570$2,090$2,350
$1,390$1,510$1,750$2,330$2,590
$1,260$1,370$1,590$2,120$2,350
$1,570$1,700$1,980$2,640$2,930
$1,300$1,410$1,640$2,190$2,430
$1,660$1,810$2,100$2,800$3,110
$1,460$1,580$1,840$2,450$2,720
$1,510$1,640$1,900$2,530$2,810
$1,740$1,890$2,200$2,930$3,250
$1,350$1,470$1,710$2,280$2,530
$1,460$1,580$1,840$2,450$2,720
$1,350$1,460$1,700$2,270$2,510
$1,390$1,510$1,750$2,330$2,590
$1,240$1,340$1,560$2,080$2,350
$1,280$1,390$1,610$2,150$2,380
$1,260$1,370$1,590$2,120$2,350
$1,460$1,580$1,840$2,450$2,720
$1,500$1,630$1,890$2,520$2,800
$1,190$1,300$1,530$2,070$2,350
$1,320$1,440$1,670$2,230$2,470
$1,410$1,530$1,780$2,370$2,630
$1,450$1,580$1,830$2,440$2,720
$1,780$1,940$2,250$3,000$3,330
$2,190$2,380$2,760$3,680$4,080
$1,460$1,580$1,840$2,450$2,720
$1,840$2,000$2,320$3,090$3,430
$2,060$2,240$2,600$3,470$3,850
$1,190$1,300$1,530$2,070$2,350
$1,240$1,350$1,570$2,090$2,350
$1,960$2,130$2,470$3,290$3,650
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,990$2,160$2,510$3,360$3,760
$1,700$1,840$2,140$2,850$3,170
$2,030$2,200$2,560$3,410$3,790
$1,800$1,970$2,280$3,060$3,430
$1,380$1,500$1,740$2,320$2,570
$1,240$1,360$1,580$2,120$2,370
$1,190$1,300$1,530$2,070$2,350
$1,190$1,300$1,530$2,070$2,350
$1,820$1,970$2,290$3,060$3,390
$1,210$1,320$1,530$2,070$2,350
$1,190$1,300$1,530$2,070$2,350
$1,460$1,580$1,840$2,450$2,720
$1,190$1,300$1,530$2,070$2,350
$1,380$1,500$1,740$2,320$2,570
$1,190$1,300$1,530$2,070$2,350
$1,290$1,400$1,630$2,170$2,410
$1,240$1,350$1,570$2,110$2,360
$1,820$1,980$2,300$3,070$3,400
$1,460$1,580$1,840$2,450$2,720
$1,780$1,940$2,250$3,000$3,330
$1,190$1,300$1,530$2,070$2,350
$1,960$2,130$2,470$3,290$3,650
$1,700$1,840$2,140$2,850$3,170
$1,380$1,500$1,740$2,320$2,570
$1,450$1,580$1,830$2,440$2,710
$1,560$1,690$1,960$2,620$2,900
$1,190$1,300$1,530$2,070$2,350
$1,190$1,300$1,530$2,070$2,350
$1,380$1,500$1,740$2,320$2,570
$1,190$1,300$1,530$2,070$2,350
$1,190$1,300$1,530$2,070$2,350
$1,190$1,300$1,530$2,070$2,350
$1,220$1,330$1,540$2,070$2,350
$1,320$1,440$1,670$2,230$2,470
$1,470$1,590$1,850$2,470$2,740
$1,320$1,440$1,670$2,230$2,470
$1,350$1,460$1,700$2,270$2,510
$1,280$1,390$1,610$2,150$2,400
$1,580$1,710$1,990$2,650$2,940
$1,430$1,550$1,800$2,400$2,660
$1,400$1,520$1,770$2,360$2,620
$1,640$1,780$2,070$2,760$3,060
$1,370$1,490$1,730$2,310$2,560
$1,460$1,580$1,840$2,450$2,720
$1,870$2,030$2,360$3,150$3,490
$1,500$1,630$1,890$2,520$2,800
$1,460$1,580$1,840$2,450$2,720
$1,700$1,840$2,140$2,850$3,170
$1,460$1,580$1,840$2,450$2,720
$1,760$1,910$2,220$2,960$3,280
$1,510$1,640$1,910$2,550$2,820
$1,800$1,950$2,270$3,030$3,360
$1,770$1,920$2,230$2,970$3,300
$1,800$1,950$2,270$3,030$3,360
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,720$1,870$2,170$2,890$3,230
$2,190$2,380$2,760$3,680$4,080
$1,690$1,830$2,130$2,840$3,150
$1,740$1,890$2,200$2,930$3,250
$1,460$1,580$1,840$2,450$2,720
$1,960$2,150$2,500$3,360$3,760
$1,890$2,060$2,390$3,190$3,530
$2,190$2,380$2,760$3,680$4,080
$1,190$1,300$1,530$2,070$2,350
$1,680$1,830$2,120$2,830$3,140
$1,950$2,120$2,460$3,280$3,640
$1,620$1,760$2,040$2,720$3,020
$1,950$2,120$2,460$3,280$3,640
$1,460$1,580$1,840$2,450$2,720
$2,190$2,380$2,760$3,680$4,080
$2,010$2,160$2,540$3,370$3,750
$1,670$1,800$2,120$2,800$3,130
$2,190$2,380$2,760$3,680$4,080
$1,460$1,580$1,840$2,450$2,720
$1,650$1,790$2,080$2,770$3,080
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,590$1,730$2,010$2,680$2,970
$1,590$1,730$2,010$2,680$2,970
$1,650$1,790$2,080$2,770$3,080
$2,020$2,200$2,550$3,400$3,770
$1,460$1,580$1,840$2,450$2,720
$1,930$2,100$2,440$3,250$3,620
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,820$1,980$2,300$3,070$3,400
$1,960$2,130$2,470$3,290$3,650
$1,960$2,140$2,480$3,310$3,690
$2,190$2,380$2,760$3,680$4,080
$1,460$1,580$1,840$2,450$2,720
$1,230$1,330$1,550$2,070$2,350
$1,190$1,300$1,530$2,070$2,350
$1,430$1,550$1,800$2,400$2,660
$1,320$1,440$1,670$2,230$2,470
$1,690$1,830$2,130$2,840$3,150
$1,440$1,570$1,820$2,430$2,690
$1,620$1,760$2,040$2,720$3,020
$1,700$1,840$2,140$2,850$3,170
$1,820$1,980$2,290$3,050$3,390
$1,990$2,160$2,520$3,380$3,780
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,460$1,580$1,840$2,450$2,720
$1,390$1,530$1,770$2,380$2,660
$1,190$1,300$1,530$2,070$2,350
$1,240$1,350$1,560$2,080$2,350
$1,500$1,630$1,890$2,520$2,800
$1,530$1,660$1,930$2,570$2,850
$1,460$1,580$1,840$2,450$2,720
$1,240$1,340$1,560$2,080$2,350
$2,190$2,380$2,760$3,680$4,080
$1,190$1,300$1,530$2,070$2,350
$1,610$1,750$2,030$2,710$3,000
$1,190$1,300$1,530$2,070$2,350
$1,700$1,850$2,150$2,870$3,180
$1,920$2,080$2,420$3,230$3,580
$1,790$1,950$2,260$3,020$3,380
$1,190$1,300$1,530$2,070$2,350
$1,530$1,660$1,930$2,570$2,850
$1,420$1,540$1,790$2,390$2,650
$1,320$1,440$1,670$2,230$2,470
$1,570$1,700$1,980$2,640$2,930
$1,290$1,400$1,630$2,170$2,420
$2,190$2,380$2,760$3,680$4,080
$1,190$1,300$1,530$2,070$2,350
$1,190$1,300$1,530$2,070$2,350
$1,460$1,580$1,840$2,450$2,720
$1,540$1,670$1,940$2,590$2,870
$1,730$1,890$2,190$2,920$3,240
$1,340$1,460$1,690$2,250$2,510
$1,460$1,580$1,840$2,450$2,720
$1,640$1,800$2,080$2,800$3,140
$1,290$1,400$1,630$2,170$2,410
$1,860$2,020$2,350$3,130$3,490
$1,460$1,580$1,840$2,450$2,720
$1,510$1,640$1,900$2,530$2,810
$1,690$1,830$2,130$2,840$3,150
$2,120$2,300$2,670$3,560$3,950
$1,460$1,580$1,840$2,450$2,720
$1,950$2,120$2,460$3,280$3,640
$1,960$2,130$2,470$3,290$3,650
$1,300$1,430$1,680$2,260$2,500
$1,660$1,800$2,090$2,790$3,090
$1,770$1,930$2,250$3,020$3,380
$1,940$2,120$2,460$3,310$3,700
$1,210$1,300$1,600$2,070$2,350
$1,190$1,300$1,530$2,070$2,350
$1,190$1,300$1,530$2,070$2,350
$1,190$1,300$1,530$2,070$2,350
$1,850$2,010$2,330$3,110$3,450
$1,190$1,300$1,530$2,070$2,350
$1,190$1,300$1,530$2,070$2,350
$1,190$1,300$1,620$2,250$2,590
$1,410$1,570$2,030$2,820$3,240
$1,530$1,680$2,030$2,760$3,100

Choose up to four ZIPs.

Local rental households

2020–2024 ACS 5-year. County figures describe the named county, not the entire HUD rental area. County choices follow the current HUD area.

Maricopa County, Arizona

Rental households

Rental households
602,808
Share of occupied homes rented
34.8%

Rent burden

Spend 30%+ of income on rent
52.6%
Spend 50%+ of income on rent
25.2%

Among renter households with a calculated rent-to-income ratio.

Rental housing types

Single-unit homes
34.7%
Buildings with 2–4 units
11.3%
Buildings with 5+ units
51.5%
Other rental homes
2.6%
Estimates & uncertainty
Maricopa County, Arizona · 2020–2024 ACS 5-year · 90% margins of error
MeasureEstimateMargin of error
Rental households602,808±5,320
Share of occupied homes rented34.8%±0.3 percentage points
Spend 30%+ of income on rent52.6%±0.8 percentage points
Spend 50%+ of income on rent25.2%±0.5 percentage points
Single-unit homes34.7%±0.6 percentage points
Buildings with 2–4 units11.3%±0.4 percentage points
Buildings with 5+ units51.5%±0.8 percentage points
Other rental homes2.6%±0.2 percentage points

Sampling estimates, not exact counts. Margins of error for derived percentages follow Census guidance. Small differences may not be meaningful.

Pinal County, Arizona

Rental households

Rental households
29,599
Share of occupied homes rented
18.3%

Rent burden

Spend 30%+ of income on rent
46.8%
Spend 50%+ of income on rent
20.4%

Among renter households with a calculated rent-to-income ratio.

Rental housing types

Single-unit homes
62.8%
Buildings with 2–4 units
9.6%
Buildings with 5+ units
14.0%
Other rental homes
13.6%
Estimates & uncertainty
Pinal County, Arizona · 2020–2024 ACS 5-year · 90% margins of error
MeasureEstimateMargin of error
Rental households29,599±1,207
Share of occupied homes rented18.3%±0.7 percentage points
Spend 30%+ of income on rent46.8%±3.3 percentage points
Spend 50%+ of income on rent20.4%±2.3 percentage points
Single-unit homes62.8%±2.6 percentage points
Buildings with 2–4 units9.6%±1.6 percentage points
Buildings with 5+ units14.0%±2.2 percentage points
Other rental homes13.6%±2.1 percentage points

Sampling estimates, not exact counts. Margins of error for derived percentages follow Census guidance. Small differences may not be meaningful.

Census sources & definitions

2020–2024 ACS 5-year combines five years of survey responses. These are period estimates, not current asking rents. Rental households include renter-occupied units; building types describe the building containing the rental. The other category includes mobile homes, boats, RVs and similar housing.

Source: U.S. Census Bureau, tables B25003, B25070 and B25032. Statistical guidance. Data checked Sep 22, 2026. Rental Wire is not affiliated with or endorsed by the Census Bureau.

Download county data & margins of error

Does a property work at that rent?

Use the benchmark as a starting point or enter the lease rent you expect. Price and cost inputs below are editable examples, not local estimates.

$/mo
$/mo
$
%
%
years
$
Ownership costs & reserves

Percentage costs use scheduled rent. Enter your actual tax bill, insurance quote and utility responsibility.

%
%
%
%
$/yr
$/yr
$/mo
%
$

Monthly cash flow before income tax

$460

Illustrative price and costs. Edit the assumptions to analyze your property.

Lease rent used
$2,302
Upfront cash
$53,500
Sources, dates & coverage

Phoenix-Mesa-Chandler, AZ MSA. HUD area ID: METRO38060M38060. Coverage: Maricopa County, AZ; Pinal County, AZ.

HUD gross-rent benchmarks include tenant-paid basic utilities, excluding phone, cable and internet. They are not asking-rent quotes, approved Section 8 rents or housing-authority payment standards.

FY2025 area source (effective Oct 1, 2024; source version Apr 28, 2025) · FY2026 area source (effective Oct 1, 2025; source version May 21, 2026) · FY2027 area source (effective Oct 1, 2026).

ZIP schedules: FY2025 · FY2026 · FY2027. SAFMR methodology.

HUD data checked Sep 22, 2026. Changes can reflect methodology and geographic coverage as well as rents. Missing or non-comparable observations remain unavailable. Future schedules are labelled upcoming.

Source: U.S. Department of Housing and Urban Development. HUD public-domain reuse policy, section 1.D. Rental Wire is not affiliated with or endorsed by HUD. Retain the source, geography and fiscal year when sharing data.

Calculation assumptions

Cash flow is rent less vacancy, operating costs, replacement reserves and a fixed-rate amortizing mortgage. Mortgage principal is included in cash outflow. Tax deductions, sale proceeds and appreciation are outside this first-year calculation. A target price holds the entered rent, expense amounts, mortgage rate and percentage down payment/closing costs fixed as the price changes. Property taxes and lender terms may change with the actual purchase price.

The benchmark-based input subtracts tenant-paid utilities once to estimate a lease-rent assumption. It does not calculate a voucher subsidy or determine a housing authority's approved rent. In custom-rent mode, the lease rent is used directly. Owner-paid utilities belong in operating costs.

Other markets in the region