JeffCroweCRE

Housing market/Arizona/ZIP 86005

ACS 2023 · FY2027 SAFMR

ZIP 86005 Flagstaff, Arizona

Flagstaff, AZ MSA · Arizona. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
17,165
Households
7,078
Median HH income
$81,250
Renter share
42.3%
Median gross rent
$1,531
Vacancy
20.0%
Pop. change
—
2BR SAFMR
$1,750
SAFMR / rent
1.143×
2–49 unit stock
2,058
LIHTC proj / units
9 / 725
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 86005 · AZ — sent to you.

ZIP 86005 · AZ

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ACS rent vs 2BR SAFMR

ZIP 86005 — Flagstaff, AZ HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,531
2BR SAFMR$1,750
90% floor$1,575
110% ceiling$1,925

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 86005

  • 1-unit detached5,66464.1%
  • 1-unit attached2803.2%
  • 2–4 units6307.1%
  • 5–49 units1,42816.2%
  • 50+ units3343.8%
  • Mobile4985.6%
TypeUnitsShare
1-unit detached5,66464.0%
1-unit attached2803.2%
2 units (duplex)2562.9%
3–4 units3744.2%
5–9 units7908.9%
10–19 units4705.3%
20–49 units1681.9%
50+ units3343.8%
Mobile4985.6%

2–4 unit share 7.1% · 5–49 unit share 16.1% · combined 2–49 23.3%.

Units by bedrooms

Studio
309
1BR
908
2BR
1,959
3BR
3,669
4BR
1,645
5+
360

Rent burden

Rent ≥30% of income50.6%
Rent ≥50% of income26.7%
  • ACS median gross rent $1,531 (all bedrooms, occupied rentals).
  • Median contract rent $1,388.
  • Renters paying ≥30% of income 50.6%; ≥50% 26.7%.
  • FY2027 2BR SAFMR $1,750 (1.143× ACS median gross rent).

Population

17,165 residents · ACS 2023

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 9 projects, 725 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

What the data shows

ZIP 86005 42.3% of occupied households are renters; vacancy is 20.0%; ACS median gross rent is $1,531; the housing stock includes 630 units in 2–4-unit structures and 1,428 units in 5–49-unit structures; 9 LIHTC projects totaling 725 units; FY2027 2BR SAFMR is $1,750 versus ACS median gross rent of $1,531. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Arizona research

ZIP 86005 is a Census / HUD profile for Flagstaff, AZ. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 86005 — Flagstaff, AZ HUD Section 8 Payment Standards / SAFMR·Arizona ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
85931Flagstaff, AZ MSA8.8%—$1,73086001Flagstaff, AZ MSA65.0%$1,505$1,95086002Flagstaff, AZ MSA——$1,73086003Flagstaff, AZ MSA18.6%—$1,82086004Flagstaff, AZ MSA36.8%$1,611$1,86086011Flagstaff, AZ MSA96.1%$1,167$1,95086015Flagstaff, AZ MSA6.3%—$1,92086016Flagstaff, AZ MSA0.0%—$1,73086017Flagstaff, AZ MSA12.5%—$1,73086018Flagstaff, AZ MSA9.1%—$1,88086020Flagstaff, AZ MSA11.1%—$1,73086023Flagstaff, AZ MSA88.9%$673$1,730

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Arizona research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 86005?

ZIP 86005 (Flagstaff, AZ MSA) has 17,165 residents, 7,078 households, a renter share of 42.3%, median household income of $81,250, and ACS 2023 median gross rent of $1,531. Vacancy is 20.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 86005?

ACS counts 256 units in 2-unit buildings, 374 in 3–4 unit buildings, 790 in 5–9, 470 in 10–19, and 168 in 20–49. Combined 2–49 unit stock is 2,058 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 86005?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,750. See the full schedule and 90–110% payment-standard band on the ZIP 86005 — Flagstaff, AZ HUD Section 8 Payment Standards / SAFMR.

Does this Arizona ZIP profile include Georgia listings?

No. ZIP 86005 is Census / HUD research for Flagstaff, AZ MSA. Jeff Crowe CRE does not list Arizona property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.