Location: Goshen County, WY | Metro: Goshen County, WY
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $990 |
| 1 Bedroom | $990 |
| 2 Bedrooms | $1,300 |
| 3 Bedrooms | $1,800 |
| 4 Bedrooms | $2,170 |
| 5 Bedrooms | $2,517 |
| 6 Bedrooms | $2,819 |
| 7 Bedrooms | $3,045 |
| 8 Bedrooms | $3,197 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,300 | $259,551 | 0.5% | F |
U.S. Census Bureau data (2024)
With a Fair Market Rent (FMR) of $960 in the metro area for fiscal year 2026, landlords in ZIP 82212, Fort Laramie, Wyoming, have a clear benchmark for setting rental prices. The Census ACS reports a market rent of $1,023, indicating that properties in this region can command slightly above the FMR, providing a modest profit margin. Given the median home value stands at $266,929, it's evident that real estate investments here come with a relatively low barrier to entry compared to larger metropolitan areas. With renters comprising 17.8% of the population, there is a significant demand for rental properties, suggesting a stable tenant pool. However, the median income of $48,529 might limit the number of potential tenants who qualify for higher rents, reinforcing the importance of pricing strategies that align closely with the FMR. The lack of data on days on market (DOM) and the percentage of price-cut shares suggests a quiet market, possibly due to the rural nature of Fort Laramie. This could mean that once a property is rented, it will likely stay occupied for extended periods, reducing vacancy rates and turnover costs. For those considering Section 8 participation, the alignment between the FMR and the median income points to a viable opportunity. Landlords can expect steady income with minimal risk of non-payment, as tenants receiving Section 8 vouchers are vetted for their ability to meet the required 30% co-pay. In conclusion, for investors looking to enter the rental market in ZIP 82212, participation in the Section 8 program is a sound strategy given the local economic conditions and rental market dynamics.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.