Location: Carbon County, WY | Metro: Carbon County, WY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,120 |
| 1 Bedroom | $1,210 |
| 2 Bedrooms | $1,440 |
| 3 Bedrooms | $1,890 |
| 4 Bedrooms | $1,890 |
| 5 Bedrooms | $2,192 |
| 6 Bedrooms | $2,455 |
| 7 Bedrooms | $2,651 |
| 8 Bedrooms | $2,784 |
U.S. Census Bureau data (2024)
In ZIP code 82334, there are several factors that could present challenges for a first-time Section 8 landlord. The tenant turnover rate is expected to be higher due to the disparity between the market rent of $1,475 and the Federal Market Rent (FMR) of $1,190 for fiscal year 2026, which is based on metro averages. This difference can lead to frequent changes in occupancy as tenants might struggle to meet the higher market rent, thus increasing the risk of vacancies. Additionally, the vacancy exposure is heightened because the days on market (DOM) data is currently unavailable, indicating a lack of transparency regarding how quickly properties are rented out. The deferred maintenance exposure is also a concern, as the typical home value is not specified, but the median household income stands at $75,208. Given this income level, it's likely that many residents may not have the financial flexibility to cover significant maintenance costs, which could fall to the landlord.
However, these risks must be weighed against the positive aspects of the area. The renter share is a substantial 12.4%, which typically correlates with higher demand for rental properties, including those that accept Section 8 vouchers. A high concentration of renters often means a larger pool of potential tenants who rely on government assistance to find affordable housing, thus potentially stabilizing occupancy rates.
Verdict: Moderate risk for a first-time Section 8 landlord in ZIP 82334.
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.