Location: Carbon County, WY | Metro: Carbon County, WY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $830 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,410 |
| 5 Bedrooms | $1,636 |
| 6 Bedrooms | $1,832 |
| 7 Bedrooms | $1,979 |
| 8 Bedrooms | $2,078 |
U.S. Census Bureau data (2024)
The Federal Housing Administration (FHA) Fair Market Rent (FMR) for ZIP code 82321 in fiscal year 2026 is set at $1,070. This figure represents the payment standard for Section 8 housing vouchers, which is the amount the government will pay toward your tenant's rent. It does not necessarily reflect the actual rent you can charge.
To put this into perspective, the average rent for ZIP code 82321, based on Census American Community Survey (ACS) data, is $786. This indicates that the FMR is higher than the typical market rate, providing a potentially stable income source for landlords who qualify for Section 8 tenants.
The renter share in this area is 24.1%, meaning nearly a quarter of the households are renters. This suggests a reasonable demand for rental properties, including those that accept Section 8 vouchers. However, the acquisition cost for properties in this ZIP code is listed as N/A, which could imply that there is limited recent data available or that property values vary widely, making it difficult to pinpoint an exact cost.
Before deciding to accept a Section 8 tenant, verify that your property meets the Housing Quality Standards (HQS) required by the program. These standards ensure that the rental unit is safe, decent, and sanitary. Failure to meet these criteria can result in disqualification from the program, even if you have already signed a lease with a voucher holder.
In summary, the FMR of $1,070 provides a guaranteed baseline for rental income when accepting Section 8 vouchers, which exceeds the current average rent of $786. With a 24.1% renter share, there is a significant pool of potential tenants. Ensure your property meets HQS to avoid any complications and to guarantee eligibility for the program.
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.