Phoenix-Mesa-Chandler, AZ MSA · FY2026 area median income $112,400 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $393 | $590 | $787 | $983 | $1,180 | $1,377 | $1,574 |
| 1BR | $421 | $632 | $843 | $1,054 | $1,265 | $1,476 | $1,687 |
| 2BR | $506 | $759 | $1,012 | $1,265 | $1,518 | $1,771 | $2,024 |
| 3BR | $584 | $876 | $1,169 | $1,461 | $1,753 | $2,045 | $2,338 |
| 4BR | $652 | $978 | $1,304 | $1,630 | $1,956 | $2,282 | $2,608 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $23,610 | $39,350 | $47,220 | $62,960 |
| 2 persons | $27,000 | $45,000 | $54,000 | $72,000 |
| 3 persons | $30,360 | $50,600 | $60,720 | $80,960 |
| 4 persons | $33,720 | $56,200 | $67,440 | $89,920 |
| 5 persons | $36,420 | $60,700 | $72,840 | $97,120 |
| 6 persons | $39,120 | $65,200 | $78,240 | $104,320 |
| 7 persons | $41,820 | $69,700 | $83,640 | $111,520 |
| 8 persons | $44,520 | $74,200 | $89,040 | $118,720 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Maricopa County to see the sources and uses, bond test, DSCR, and funding gap using these rents.