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RentData.org Logo Flagstaff Fair Market Rent FY 2024 Flagstaff, AZ MSA Rental Data

Fair Market Rent Prices in Flagstaff, AZ :
$1,448 $1,537 $1,863 $2,253 $2,633
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Flagstaff are very high compared to the national average. This FMR area is more expensive than 97% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Flagstaff is $1,863 per month.

The previous year, rent for a two-bedroom home was $1,615 per month. This is a 15.36% increase year-over-year.

This FMR rate applies to Forest Lakes, AZ, Marble Canyon, AZ, Gray Mountain, AZ, Supai, AZ, North Rim, AZ, Mormon Lake, AZ, Happy Jack, AZ, Bellemont, AZ, Parks, AZ, Munds Park, AZ and other cities within the region. The Metro Code or CBSA code for this region is METRO22380M22380.

Additionally, This Fair Market Rent (FMR) area Flagstaff, AZ MSA spans one county or city in Arizona which is listed in the table below. Estimated population of Flagstaff, AZ MSA FMR area is 142,254 people based on latest Census data.

Compared to the rest of Arizona, the Flagstaff FMR area is more expensive than 92% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Flagstaff. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Flagstaff

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 1596
1-BR 1-Bedroom $ 1694
2-BR 2-Bedroom $ 2054
3-BR 3-Bedroom $ 2484
4-BR 4-Bedroom $ 2903
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Flagstaff, AZ MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Phoenix (Prescott).

County / Region Est. Population
Flagstaff, AZ Metro 142,254
Zip Codes in Flagstaff, AZ MSA

There are 27 unique zip codes in this Fair Market Rent (FMR) area:

85928, 85931, 86001, 86002, 86003, 86004, 86011, 86015, 86016, 86017, 86018, 86020, 86022, 86023, 86024, 86036, 86038, 86040, 86044, 86045, 86046, 86047, 86052, 86053, 86336, 86339 and 86435

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What's Next?

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