Location: Goshen County, WY | Metro: Goshen County, WY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,760 |
| 5 Bedrooms | $2,042 |
| 6 Bedrooms | $2,287 |
| 7 Bedrooms | $2,470 |
| 8 Bedrooms | $2,594 |
U.S. Census Bureau data (2024)
0.0% of renters in ZIP code 82218 rely on housing assistance programs, indicating a very low demand for subsidized rental units in this area. This statistic underscores the potential challenges landlords might face when considering participation in the Section 8 program, given the limited pool of eligible tenants.
N/A market rent data suggests that there is either insufficient data or significant variability in rental prices, which can make it difficult to set competitive rates for properties. However, the Federal Market Rent (FMR) for ZIP 82218 is set at $980 for metro FY 2026, providing a benchmark for landlords who wish to participate in the Section 8 Housing Choice Voucher Program.
The absence of median home value and median income data points to a lack of comprehensive information about the economic conditions of the area. This could imply that the local economy is diverse, with varying levels of wealth and homeownership, or that reliable data is hard to come by. Regardless, the low renter share percentage indicates that many residents may prefer homeownership over renting, potentially reducing the overall demand for rental properties.
N/A days on market (DOM) and N/A% price-cut share suggest that there is little to no public data available regarding how long rental listings typically stay on the market or how often landlords need to reduce their asking prices to attract tenants. This lack of data makes it challenging to gauge the typical speed of rental property turnovers and the necessity for price adjustments.
In conclusion, while the FMR provides a clear guideline for setting rents under the Section 8 program, the low renter share in ZIP 82218 and the scarcity of other relevant market data indicate that participating in Section 8 may not be highly beneficial for landlords or small-portfolio investors in this area. The verdict on Section 8 for ZIP 82218 is not recommended.
Data Sources: FMR data from HUD (2027). 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.