Rent by ZIP · Maricopa County
Rent in Phoenix, AZ 85042
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,690 (-5.1% vs FY2026). Renters in this ZIP code pay a median $1,668 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,350 | $1,410 | -4.3% | $1,215–1,485 | $1,328 ±$209 |
| 1 bedroom | $1,450 | $1,530 | -5.2% | $1,305–1,595 | $1,307 ±$203 |
| 2 bedrooms | $1,690 | $1,780 | -5.1% | $1,521–1,859 | $1,680 ±$64 |
| 3 bedrooms | $2,230 | $2,370 | -5.9% | $2,007–2,453 | $1,914 ±$358 |
| 4 bedrooms | $2,470 | $2,630 | -6.1% | $2,223–2,717 | $1,805 ±$173 |
Small Area FMRs for the Phoenix-Mesa-Chandler, AZ MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Phoenix-Mesa-Chandler, AZ MSA, 2 bedrooms: $1,734.
What renters pay in 85042
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 85041 | Phoenix | $1,790 | $1,231 |
| 85043 | Phoenix | $1,710 | $1,520 |
| 85040 | Phoenix | $1,380 | $1,257 |
| 85044 | Phoenix | $2,030 | $1,886 |
| 85045 | Phoenix | $2,600 | – |
| 85037 | Phoenix | $1,780 | $1,784 |
Fair Market Rents across Maricopa County, AZ · All AZ counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.