Location: Goshen County, WY | Metro: Goshen County, WY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,490 |
| 4 Bedrooms | $1,810 |
| 5 Bedrooms | $2,100 |
| 6 Bedrooms | $2,352 |
| 7 Bedrooms | $2,540 |
| 8 Bedrooms | $2,667 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 82244 within the Goshen County, WY metro area reveals several key points. The HUD Fair Market Rent (FMR) for the metro scope in fiscal year 2026 is set at $1,000 per month. This figure is notably higher than the average market rent reported by the Census ACS, which stands at $783 per month. Given this comparison, landlords can expect to cashflow positively when renting at the HUD FMR, assuming they can secure tenants willing to pay the higher rate.
The median home value in ZIP 82244 is $371,430. To derive the rent-to-price ratio, we divide the average market rent of $783 by the median home value. This yields a ratio of approximately 0.21%, suggesting that rental income alone would not be sufficient to cover the cost of ownership based on property value. However, this metric does not fully capture the potential benefits of Section 8 tenancy, which includes steady income and government subsidies.
The data indicates an N/A-day median DOM (days on market) and an N/A% price-cut share, which means there is insufficient information to assess the current rent-versus-buy dynamics. Nonetheless, the positive cashflow potential at the HUD FMR remains a strong indicator for investors looking to enter the rental market in this area.
The strongest angle for investors in ZIP 82244 is likely stability. With the guaranteed income from Section 8 vouchers, landlords can rely on consistent monthly payments without the volatility often associated with market-rate rentals. This makes it an attractive option for those seeking long-term, low-risk investments.
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.