Rental markets / Phoenix

ZIP 85008 fair market rent

HUD rent benchmarks, FY2025–2027. Compare bedrooms and ZIPs.

3-bedroom gross-rent benchmark

$1,980 / month

-9.6% from FY2026

FY2027 · current · effective Oct 1, 2026

Includes tenant-paid basic utilities. HUD benchmarks are not asking rents or approved voucher payments.

Published HUD schedules

FY2025
$2,340
FY2026
$2,190
FY2027
$1,980

HUD schedule changes, not observed rent growth.

Rent by bedroom

Monthly gross-rent benchmarks, including tenant-paid utilities
BedroomsFY2025FY2026FY2027
Studio$1,370$1,300$1,170
1 bedroom$1,500$1,410$1,270
2 bedrooms$1,740$1,640$1,480
3 bedrooms$2,340$2,190$1,980
4 bedrooms$2,620$2,430$2,190
Download rent table

Compare ZIP benchmarks

Other ZIPs in the same HUD area. These are rent comparisons, not property-specific comps.

Phoenix-Mesa-Chandler, AZ MSA · 3 bedrooms · FY2027
ZIP codeMonthly gross rentDifference from 85008
85008 This ZIP$1,980$0
85201$2,010+$30
85301$1,870-$110
85281$2,420+$440
85282$2,420+$440

Explore every ZIP in this HUD area

Rental housing in ZCTA 85008

2020–2024 ACS 5-year. Census ZCTAs approximate postal ZIP codes; their boundaries are not identical.

Renter-occupied homes

15,580

68.7% of occupied homes are rented.

Rental home types

Single-unit houses
17.4%
Buildings with 2–4 units
17.5%
Buildings with 5+ units
60.6%
Other rental housing
4.5%

Rent as a share of income

45.1%

Spend at least 30% of household income on gross rent.

17.8% spend at least half.

Estimates, margins of error & definitions

These are pooled 2020–2024 survey estimates, not current listing data. Single-unit houses include detached and attached homes. Rent-burden percentages exclude households for which the ratio could not be calculated.

90% margins of error. Percentage margins are in percentage points.
MeasureEstimateMargin of error
Renter-occupied homes15,580± 814
Renter share of occupied homes68.7%± 2.7 pp
Single-unit houses17.4%± 3.1 pp
Buildings with 2–4 units17.5%± 2.7 pp
Buildings with 5+ units60.6%± 4.4 pp
Other rental housing4.5%± 1.3 pp
Rent is 30% or more of income45.1%± 3.6 pp
Rent is 50% or more of income17.8%± 2.6 pp

U.S. Census Bureau, 2020–2024 ACS 5-year tables B25003, B25032 and B25070. Statistical guidance.

Download Census estimates & margins of error

Use this rent in a property analysis

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Monthly rent to analyze: $1,830

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HUD sources, dates & coverage

HUD Small Area Fair Market Rents are monthly gross-rent benchmarks for postal ZIP codes. They include basic tenant-paid utilities, excluding phone, cable and internet. They do not determine an individual housing authority's payment standard, approved rent or a tenant's subsidy.

Phoenix-Mesa-Chandler, AZ MSA. FY2025 ZIP schedule (effective Oct 1, 2024; source file revised Apr 28, 2025) · FY2026 ZIP schedule (effective Oct 1, 2025; source file revised May 21, 2026) · FY2027 ZIP schedule (effective Oct 1, 2026).

HUD data checked Sep 22, 2026. Census context: 2020–2024 ACS 5-year. How Census ZCTAs differ from postal ZIP codes.