FY2027 Small Area FMR · Prescott Valley, AZ

ZIP 86312 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 86312 (Prescott Valley, AZ) is $1,550 a month, down 5.5% from FY2026. That is 0% equal to the Prescott Valley-Prescott, AZ area-wide FMR of $1,550.

2-bedroom SAFMR$1,550per month ▼ 5.5%

Area-wide 2 BR FMR$1,550Prescott Valley-Prescott, AZ

Rank in the area14thof 37 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,395

2 BR Small Area FMR$1,550

110% of SAFMR$1,705

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

Studio$1,080▼ 4.4%

1 BR$1,240▼ 5.3%

2 BR$1,550▼ 5.5%

3 BR$2,150▼ 5.7%

4 BR$2,260▼ 9.6%

FY2027 FY2026

Where 86312 sits in the Prescott Valley-Prescott, AZ area

Of the 37 ZIP codes HUD lists for the area, 86312 has the 14th highest two-bedroom Small Area FMR. Prescott Valley-Prescott, AZ is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,550 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,550 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,080	$972 – $1,188	$1,079	$1,130
1 bedroom	$1,240	$1,116 – $1,364	$1,242	$1,310
2 bedrooms	$1,550	$1,395 – $1,705	$1,550	$1,640
3 bedrooms	$2,150	$1,935 – $2,365	$2,146	$2,280
4 bedrooms	$2,260	$2,034 – $2,486	$2,263	$2,500

A household renting a two-bedroom home at the Small Area FMR of $1,550 needs about $62,000 a year to keep housing costs at 30% of income. The area median family income is $92,200 and the 80% low-income limit for four people is $76,300. ZIP code 86312 lies mainly in Yavapai County. See the Prescott Valley-Prescott, AZ county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
86314	Prescott Valley	2.9 mi	$1,690
86315	Prescott Valley	3.2 mi	$2,330
86301	Prescott	8.9 mi	$1,800
86323	Chino Valley	9.1 mi	$1,480
86331	Jerome	10.1 mi	$1,480
86313	Prescott	11.4 mi	$1,800

Questions

What is the Fair Market Rent for ZIP code 86312?

HUD's FY2027 Small Area Fair Market Rents for 86312 are $1,080 (studio), $1,240 (1 BR), $1,550 (2 BR), $2,150 (3 BR) and $2,260 (4 BR) a month.

What is the Section 8 payment standard in 86312?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 86312 that range is $1,395 to $1,705 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 86312?

The FY2026 income limits of the Prescott Valley-Prescott, AZ area apply: median family income $92,200, low-income (80%) limit $76,300 for a family of four.