FY2027 Small Area FMR · Lake Havasu City, AZ

ZIP 86404 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 86404 (Lake Havasu City, AZ) is $1,640 a month, down 9.4% from FY2026. That is 33% above the Lake Havasu City-Kingman, AZ area-wide FMR of $1,229.

2-bedroom SAFMR$1,640per month ▼ 9.4%

Area-wide 2 BR FMR$1,229Lake Havasu City-Kingman, AZ

Rank in the area3rdof 31 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,476

2 BR Small Area FMR$1,640

110% of SAFMR$1,804

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

Studio$1,310▼ 6.4%

1 BR$1,320▼ 6.4%

2 BR$1,640▼ 9.4%

3 BR$2,270▼ 9.9%

4 BR$2,520▼ 9.0%

FY2027 FY2026

Where 86404 sits in the Lake Havasu City-Kingman, AZ area

Of the 31 ZIP codes HUD lists for the area, 86404 has the 3rd highest two-bedroom Small Area FMR. Lake Havasu City-Kingman, 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 $1,229 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,640 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	$1,310	$1,179 – $1,441	$953	$1,400
1 bedroom	$1,320	$1,188 – $1,452	$959	$1,410
2 bedrooms	$1,640	$1,476 – $1,804	$1,229	$1,810
3 bedrooms	$2,270	$2,043 – $2,497	$1,708	$2,520
4 bedrooms	$2,520	$2,268 – $2,772	$1,881	$2,770

A household renting a two-bedroom home at the Small Area FMR of $1,640 needs about $65,600 a year to keep housing costs at 30% of income. The area median family income is $79,900 and the 80% low-income limit for four people is $63,900. ZIP code 86404 lies mainly in Mohave County. See the Lake Havasu City-Kingman, AZ county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
86403	Lake Havasu City	7.9 mi	$1,310
86436	Topock	12.3 mi	$1,320
86406	Lake Havasu City	19.3 mi	$1,480
86433	Oatman	22.7 mi	$1,230
92267	Parker Dam	22.7 mi	$1,990
86440	Mohave Valley	24.5 mi	$1,270

Questions

What is the Fair Market Rent for ZIP code 86404?

HUD's FY2027 Small Area Fair Market Rents for 86404 are $1,310 (studio), $1,320 (1 BR), $1,640 (2 BR), $2,270 (3 BR) and $2,520 (4 BR) a month.

What is the Section 8 payment standard in 86404?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 86404 that range is $1,476 to $1,804 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 86404?

The FY2026 income limits of the Lake Havasu City-Kingman, AZ area apply: median family income $79,900, low-income (80%) limit $63,900 for a family of four.