HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Graham County, Arizona (FY 2026)
A two-bedroom in Graham County carries a FY 2026 Fair Market Rent of $1,244 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in Graham keys off that figure.
2 bedroom FMR
$1,244
FY 2026, utilities included
Payment standard range
$1,120 to $1,368
90% to 110% of FMR
Income to afford 2BR
$49,760
per year, at 30% of income
Rank in Arizona
11th of 15
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Graham moves to $1,159. That's down 7%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Graham actually rent for?
Search any address in Graham for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $887 | $798 to $976 | $35,480 | $17.06/hr | -9.9% |
| 1 bedroom | $991 | $892 to $1,090 | $39,640 | $19.06/hr | -0.3% |
| 2 bedroom | $1,244 | $1,120 to $1,368 | $49,760 | $23.92/hr | -1.2% |
| 3 bedroom | $1,669 | $1,502 to $1,836 | $66,760 | $32.10/hr | -2.0% |
| 4 bedroom | $2,087 | $1,878 to $2,296 | $83,480 | $40.13/hr | -1.3% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,400 | $2,160 to $2,640 |
| 6 bedroom Estimate | $2,713 | $2,442 to $2,984 |
| 7 bedroom Estimate | $3,026 | $2,723 to $3,329 |
| 8 bedroom Estimate | $3,339 | $3,005 to $3,673 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Graham, that runs from $887 for a studio up to $2,087 for four bedrooms, all five rates in the table above.
Because Graham sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Safford included.
Among Arizona's 15 counties, Graham ranks 11th for two-bedroom FMR. That's about 9% below the state median of $1,365 and about 22% above the national median county at $1,018. About 38,453 people live here, 13th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,200 in 85546 (Safford) and $1,710 in 85531 (Central), with the 9 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Graham somewhere between $1,120 and $1,368. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,244 a month is affordable, by HUD's 30% rule, on an income of roughly $49,760 a year. Put another way, $24 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($1,120) | HAP at 100% ($1,244) | HAP at 110% ($1,368) |
|---|---|---|---|---|
| $2,500 | $750 | $370 | $494 | $618 |
| $4,000 | $1,200 | $0 | $44 | $168 |
Rate history
The two-bedroom rate went down 1% from FY 2025 ($1,259) to FY 2026 ($1,244). Since FY 2020 it's up 46% in total, about 6.5% a year. The Arizona median moved down 1% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $590 | $727 | $853 | $1,231 | $1,362 | — |
| FY 2021 | $722 | $771 | $898 | $1,285 | $1,417 | +5.3% |
| FY 2022 | $821 | $824 | $957 | $1,359 | $1,517 | +6.6% |
| FY 2023 | $845 | $850 | $1,026 | $1,458 | $1,748 | +7.2% |
| FY 2024 | $928 | $933 | $1,157 | $1,611 | $1,963 | +12.8% |
| FY 2025 | $985 | $994 | $1,259 | $1,703 | $2,114 | +8.8% |
| FY 2026 | $887 | $991 | $1,244 | $1,669 | $2,087 | -1.2% |
| FY 2027 | $807 | $894 | $1,159 | $1,503 | $1,937 | -6.8% |
Nearby counties
Greenlee County
$1,15839 mi · pop 9,483
Cochise County
$1,25781 mi · pop 125,504
Gila County
$1,47981 mi · pop 53,419
Pima County
$1,40287 mi · pop 1,042,393
Pinal County
$1,83995 mi · pop 433,338
Santa Cruz County
$1,129112 mi · pop 47,838
Maricopa County
$1,839136 mi · pop 4,430,871
Navajo County
$1,309144 mi · pop 107,110
Questions people ask
$1,244 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $887 for a studio, $991 for one bedroom, $1,669 for three and $2,087 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Graham actually go for?
HUD's number is one input. Search any address in Graham for a rent estimate built from nearby comps. 3 free searches, no card.
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