Location: Goshen County, WY | Metro: Goshen County, WY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $920 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,210 |
| 3 Bedrooms | $1,580 |
| 4 Bedrooms | $2,010 |
| 5 Bedrooms | $2,332 |
| 6 Bedrooms | $2,612 |
| 7 Bedrooms | $2,821 |
| 8 Bedrooms | $2,962 |
U.S. Census Bureau data (2024)
The economics of Section 8 housing in ZIP code 82219 are defined by the SAFMR (Small Area Fair Market Rent) rates established by the U.S. Department of Housing and Urban Development (HUD). For fiscal year 2026, the SAFMR for a two-bedroom apartment in this specific ZIP code is set at $1,110. This figure represents the maximum amount that a Section 8 voucher can cover for rent and utilities combined.
A voucher holder is required to contribute a portion of their income towards rent. Specifically, they must pay 30% of their adjusted monthly income for rent. The remainder, up to the SAFMR, is paid by the government. However, the total reimbursement includes both the rent and a utility allowance. HUD calculates the utility allowance based on the average cost of utilities in the area, which is then added to the voucher holder's contribution to determine the total reimbursement amount.
To illustrate, if a voucher holder has an adjusted monthly income of $1,000, they would be expected to contribute $300 (30%) towards rent. If the utility allowance for a two-bedroom unit in ZIP 82219 is $200, the total reimbursement would be $500 ($300 for rent and $200 for utilities). In this case, the landlord would receive $500 directly from the tenant and $610 from the government, totaling $1,110.
The SAFMR of $1,110 is the cap for the combined rent and utility payments. Therefore, if the utility allowance is higher, it reduces the amount available for rent. Conversely, if the utility allowance is lower, it increases the amount available for rent. It's important for landlords to understand these dynamics to accurately price their units and manage expectations regarding rental income.
Given the SAFMR and the typical contribution from tenants, landlords should anticipate a reimbursement gap or surplus. In ZIP 82219, the reimbursement gap is likely to occur if the local market rent exceeds $1,110. Since the local market rent is listed as N/A, we cannot provide a precise comparison. However, if the local market rent is below $1,110, landlords could see a surplus, meaning the voucher covers more than the actual rent charged. This surplus can be used to offset other costs associated with renting or to increase the overall profitability of the property.
In summary, landlords in ZIP 82219 need to ensure their two-bedroom apartments are priced appropriately to maximize the benefits of Section 8 vouchers. The reimbursement structure ensures that the total payment does not exceed $1,110, and any discrepancy between this amount and the local market rent will either create a gap or a surplus for the landlord.
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.