VASEO

LIHTC

16220 NORTH 7TH STREET, PHOENIX, AZ, 85022

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Location

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Building details

Income-restricted units: 489
Total units: 489
Year placed in service: 2019
Construction type: unknown
Affordability period: n/a

Bedroom mix

271 1-bedroom
218 2-bedroom

Fair Market Rent for 85022

Zip-level (SAFMR)

Bedrooms	Local FMR
Studio	$1,570
1 bedroom	$1,700
2 bedroom	$1,980
3 bedroom	$2,640
4 bedroom	$2,930

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source: HUD Fair Market Rent, FY2026.

Estimated total housing cost for a 2-bedroom unit at FMR: $1,980 rent + $157 utilities = $2,137/mo.

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