Flagstaff MSA | AZ
| Population | 144,472 |
| Total Housholds | 53,988 |
| Percentage of Households in Income Band | 42.3% |
| Income Qualified Housholds Income Band | 22,837 |
| Propensity of Renter Occupied Housing In Market Area With Income Brand | 45% |
| Existing Competetive Supply | 10,277 |
| Under Construction / Proposed Units | 514 |
| Total Projected Supply | 10,791 |
| Income qualified Households (Current Demand) | 6,927 |
| Plus Friction Vacancy @ 10% | 108 |
| Total potential demand for units in Defined Income Brand | 7,035 |
| Residual Demand | 3,756 |
| Indicated Penetration Rate | 65.2% |
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