Housing market/Arizona/ZIP 86406

ACS 2023 · FY2027 SAFMR

ZIP 86406 Lake Havasu City, Arizona

Lake Havasu City-Kingman, 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
24,587
Households
11,972
Median HH income
$74,171
Renter share
24.1%
Median gross rent
$1,311
Vacancy
19.4%
Pop. change
+6.9%
2BR SAFMR
$1,480
SAFMR / rent
1.129×
2–49 unit stock
910
LIHTC proj / units
1 / 84
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 86406 · AZ — sent to you.

ZIP 86406 · AZ

ACS median rent$1,311
2BR SAFMR$1,480
90% floor$1,332
110% ceiling$1,628

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

Housing stock

ACS 2023 units-in-structure · ZCTA 86406

  • 1-unit detached12,96087.3%
  • 1-unit attached6514.4%
  • 2–4 units7024.7%
  • 5–49 units2081.4%
  • 50+ units1120.8%
  • Mobile2131.4%
TypeUnitsShare
1-unit detached12,96087.3%
1-unit attached6514.4%
2 units (duplex)5283.6%
3–4 units1741.2%
5–9 units1541.0%
10–19 units350.2%
20–49 units190.1%
50+ units1120.8%
Mobile2131.4%

2–4 unit share 4.7% · 5–49 unit share 1.4% · combined 2–49 6.1%.

Units by bedrooms

Studio
31
1BR
215
2BR
3,474
3BR
9,468
4BR
1,359
5+
299

Rent burden

Rent ≥30% of income47.4%
Rent ≥50% of income16.8%
  • ACS median gross rent $1,311 (all bedrooms, occupied rentals).
  • Median contract rent $1,121.
  • Renters paying ≥30% of income 47.4%; ≥50% 16.8%.
  • FY2027 2BR SAFMR $1,480 (1.129× ACS median gross rent).

Population

24,587 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.9%.

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

Assisted inventory

  • LIHTC: 1 projects, 84 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 64 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 86406 24.1% of occupied households are renters; vacancy is 19.4%; ACS median gross rent is $1,311; population increased +6.9% between the 2018 and 2023 ACS vintages; the housing stock includes 702 units in 2–4-unit structures and 208 units in 5–49-unit structures; 1 LIHTC projects totaling 84 units; FY2027 2BR SAFMR is $1,480 versus ACS median gross rent of $1,311. 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 86406 is a Census / HUD profile for Lake Havasu City-Kingman, 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 86406?

ZIP 86406 (Lake Havasu City-Kingman, AZ MSA) has 24,587 residents, 11,972 households, a renter share of 24.1%, median household income of $74,171, and ACS 2023 median gross rent of $1,311. Vacancy is 19.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 86406?

ACS counts 528 units in 2-unit buildings, 174 in 3–4 unit buildings, 154 in 5–9, 35 in 10–19, and 19 in 20–49. Combined 2–49 unit stock is 910 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 86406?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,480. See the full schedule and 90–110% payment-standard band on the ZIP 86406 — Lake Havasu City, AZ HUD Section 8 Payment Standards / SAFMR.

Does this Arizona ZIP profile include Georgia listings?

No. ZIP 86406 is Census / HUD research for Lake Havasu City-Kingman, 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.