FY2027 Small Area FMR · Gilbert, AZ

ZIP 85297 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 85297 (Gilbert, AZ) is $2,300 a month, down 7.3% from FY2026. That is 33% above the Phoenix-Mesa-Chandler, AZ area-wide FMR of $1,734.

2-bedroom SAFMR$2,300per month ▼ 7.3%

Area-wide 2 BR FMR$1,734Phoenix-Mesa-Chandler, AZ

Rank in the area16thof 225 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,070

2 BR Small Area FMR$2,300

110% of SAFMR$2,530

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,840▼ 6.1%

1 BR$1,980▼ 7.5%

2 BR$2,300▼ 7.3%

3 BR$3,030▼ 8.5%

4 BR$3,370▼ 8.7%

FY2027 FY2026

Where 85297 sits in the Phoenix-Mesa-Chandler, AZ area

Of the 225 ZIP codes HUD lists for the area, 85297 has the 16th highest two-bedroom Small Area FMR. Phoenix-Mesa-Chandler, AZ is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $2,070 and $2,530 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,840	$1,656 – $2,024	$1,390	$1,960
1 bedroom	$1,980	$1,782 – $2,178	$1,493	$2,140
2 bedrooms	$2,300	$2,070 – $2,530	$1,734	$2,480
3 bedrooms	$3,030	$2,727 – $3,333	$2,287	$3,310
4 bedrooms	$3,370	$3,033 – $3,707	$2,537	$3,690

A household renting a two-bedroom home at the Small Area FMR of $2,300 needs about $92,000 a year to keep housing costs at 30% of income. The area median family income is $112,400 and the 80% low-income limit for four people is $89,900. ZIP code 85297 lies mainly in Maricopa County. See the Phoenix-Mesa-Chandler, AZ metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
85295	Gilbert	1.9 mi	$2,130
85298	Gilbert	2.5 mi	$2,600
85236	Higley	2.6 mi	$1,740
85296	Gilbert	3.9 mi	$2,290
85249	Chandler	5.2 mi	$2,510
85234	Gilbert	5.8 mi	$2,090

Questions

What is the Fair Market Rent for ZIP code 85297?

HUD's FY2027 Small Area Fair Market Rents for 85297 are $1,840 (studio), $1,980 (1 BR), $2,300 (2 BR), $3,030 (3 BR) and $3,370 (4 BR) a month.

What is the Section 8 payment standard in 85297?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 85297 that range is $2,070 to $2,530 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 85297?

The FY2026 income limits of the Phoenix-Mesa-Chandler, AZ area apply: median family income $112,400, low-income (80%) limit $89,900 for a family of four.