Location: Carbon County, WY | Metro: Carbon County, WY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $890 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,140 |
| 3 Bedrooms | $1,490 |
| 4 Bedrooms | $1,500 |
| 5 Bedrooms | $1,740 |
| 6 Bedrooms | $1,949 |
| 7 Bedrooms | $2,105 |
| 8 Bedrooms | $2,210 |
U.S. Census Bureau data (2024)
36.6% of residents in ZIP code 82324 are renters, indicating a significant demand for rental properties. $58,500 is the median income for this area, which is important to consider when assessing the financial stability of potential tenants. While the market rent and median home value are not available, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $980. This figure represents the maximum amount that landlords can charge for a two-bedroom apartment under the Section 8 program, ensuring that rents remain affordable for low-income families. The lack of data on days on market (DOM) and the percentage of homes that have had their prices cut suggests a stable housing market without significant fluctuations. For landlords and small-portfolio investors looking to enter the Section 8 market in ZIP 82324, the established FMR provides a clear guideline for pricing. However, the absence of detailed market data means that due diligence should be conducted to understand local rental dynamics fully. With a strong tenant base indicated by the high renter share and the reasonable median income, the opportunity for steady rental income exists. The Section 8 program offers a reliable source of tenants who are vetted and have their rent subsidized, reducing the risk of vacancy and non-payment. Given these factors, investing in rental properties in ZIP 82324 under the Section 8 program appears to be a prudent decision, provided landlords adhere to the $980 FMR for a two-bedroom unit.
Based on the available data, the Section 8 verdict for ZIP 82324 is positive, offering a secure investment option with a guaranteed tenant pool.
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.