Housing market/Arizona/ZIP 86004

ACS 2023 · FY2027 SAFMR

ZIP 86004 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
36,893
Households
14,345
Median HH income
$77,486
Renter share
36.8%
Median gross rent
$1,611
Vacancy
13.3%
Pop. change
+3.1%
2BR SAFMR
$1,860
SAFMR / rent
1.155×
2–49 unit stock
2,940
LIHTC proj / units
5 / 261
HUD assisted MF
1 / 12

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 86004 · AZ — sent to you.

ZIP 86004 · AZ

ACS median rent$1,611
2BR SAFMR$1,860
90% floor$1,674
110% ceiling$2,046

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

Housing stock

ACS 2023 units-in-structure · ZCTA 86004

  • 1-unit detached9,94060.1%
  • 1-unit attached1,4698.9%
  • 2–4 units1,0226.2%
  • 5–49 units1,91811.6%
  • 50+ units5243.2%
  • Mobile1,67710.1%
TypeUnitsShare
1-unit detached9,94060.1%
1-unit attached1,4698.9%
2 units (duplex)3232.0%
3–4 units6994.2%
5–9 units7064.3%
10–19 units1,0416.3%
20–49 units1711.0%
50+ units5243.2%
Mobile1,67710.1%

2–4 unit share 6.2% · 5–49 unit share 11.6% · combined 2–49 17.8%.

Units by bedrooms

Studio
485
1BR
1,421
2BR
3,771
3BR
7,546
4BR
2,579
5+
748

Rent burden

Rent ≥30% of income50.0%
Rent ≥50% of income27.3%
  • ACS median gross rent $1,611 (all bedrooms, occupied rentals).
  • Median contract rent $1,461.
  • Renters paying ≥30% of income 50.0%; ≥50% 27.3%.
  • FY2027 2BR SAFMR $1,860 (1.155× ACS median gross rent).

Population

36,893 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.1%.

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

Assisted inventory

  • LIHTC: 5 projects, 261 units.
  • HUD project-based assisted MF: 1 properties, 12 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 183 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 86004 36.8% of occupied households are renters; vacancy is 13.3%; ACS median gross rent is $1,611; population increased +3.1% between the 2018 and 2023 ACS vintages; the housing stock includes 1,022 units in 2–4-unit structures and 1,918 units in 5–49-unit structures; 5 LIHTC projects totaling 261 units; FY2027 2BR SAFMR is $1,860 versus ACS median gross rent of $1,611. 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 86004 is a Census / HUD profile for Flagstaff, AZ. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

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 86004?

ZIP 86004 (Flagstaff, AZ MSA) has 36,893 residents, 14,345 households, a renter share of 36.8%, median household income of $77,486, and ACS 2023 median gross rent of $1,611. Vacancy is 13.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 86004?

ACS counts 323 units in 2-unit buildings, 699 in 3–4 unit buildings, 706 in 5–9, 1,041 in 10–19, and 171 in 20–49. Combined 2–49 unit stock is 2,940 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 86004?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,860. See the full schedule and 90–110% payment-standard band on the ZIP 86004 — Flagstaff, AZ HUD Section 8 Payment Standards / SAFMR.

Does this Arizona ZIP profile include Georgia listings?

No. ZIP 86004 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.