Rent in Phoenix-Mesa-Chandler, AZ MSA
The Fair Market Rent (FMR) for a two-bedroom home in Phoenix-Mesa-Chandler, AZ MSA is $1,839/month for HUD fiscal year 2026 — HUD's estimate of the 40th-percentile gross rent for standard-quality rentals in this market.
Quick answer: A two-bedroom in Phoenix-Mesa-Chandler, AZ MSA has an FMR of $1,839/month (FY2026). That is 89% above the national median of $974. Phoenix-Mesa-Chandler, AZ MSA ranks #105 of 2,622 HUD FMR areas by two-bedroom rent (1 = most expensive).
Fair Market Rent by bedroom size, Phoenix-Mesa-Chandler, AZ MSA
| Unit size | Fair Market Rent / month |
|---|---|
| Studio / efficiency | $1,457 |
| 1 bedroom | $1,583 |
| 2 bedrooms | $1,839 |
| 3 bedrooms | $2,452 |
| 4 bedrooms | $2,720 |
Nearby on the rent ranking
- Westbrook town, CT Exception Area$1,865/mo
- Baltimore-Columbia-Towson, MD MSA$1,857/mo
- Austin-Round Rock-San Marcos, TX MSA$1,852/mo
- Asheville, NC MSA$1,835/mo
- Cumberland County, ME (part) HUD Metro FMR Area$1,833/mo
- St. Mary's County, MD HUD Metro FMR Area$1,833/mo
Frequently asked questions
- How much is rent in Phoenix-Mesa-Chandler, AZ MSA?
- The Fair Market Rent (FMR) for a two-bedroom unit in Phoenix-Mesa-Chandler, AZ MSA is $1,839 per month for HUD fiscal year 2026. A one-bedroom is $1,583 and a three-bedroom is $2,452 per month.
- What is the studio and one-bedroom Fair Market Rent in Phoenix-Mesa-Chandler, AZ MSA?
- For FY2026, HUD's efficiency/studio FMR in Phoenix-Mesa-Chandler, AZ MSA is $1,457 per month and the one-bedroom FMR is $1,583 per month.
- How is the Fair Market Rent for Phoenix-Mesa-Chandler, AZ MSA calculated?
- HUD's Fair Market Rent is an estimate of the 40th-percentile gross rent — rent plus tenant-paid utilities, excluding telephone, cable, satellite and internet — for standard-quality rental units in the local housing market. Figures are set per HUD FMR area and apply to every county within that area.
- What are Fair Market Rents used for in Phoenix-Mesa-Chandler, AZ MSA?
- FMRs set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD rental-assistance programs in Phoenix-Mesa-Chandler, AZ MSA. They cap the subsidy a voucher can pay toward rent and are also widely used as a benchmark for typical local rents.
- How does rent in Phoenix-Mesa-Chandler, AZ MSA compare nationally?
- Phoenix-Mesa-Chandler, AZ MSA ranks #105 of 2,622 HUD FMR areas by two-bedroom FMR (1 = most expensive). The national median two-bedroom FMR is $974 per month.
Source: U.S. Department of Housing and Urban Development (HUD USER), FY2026 Fair Market Rents. Public domain (17 U.S.C. § 105). Figures effective 1 October 2025. Last updated 2025-10-01.