Location: Park County, WY | Metro: Park County, WY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $700 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,670 |
| 5 Bedrooms | $1,937 |
| 6 Bedrooms | $2,169 |
| 7 Bedrooms | $2,343 |
| 8 Bedrooms | $2,460 |
U.S. Census Bureau data (2024)
37.5% of residents in ZIP code 82433 are renters, indicating a significant portion of the population relies on rental housing. This statistic aligns well with the $777 market rent observed in the area, as reported by the Census ACS. However, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $960, which suggests that Section 8 vouchers could potentially cover a higher rent than what the market currently offers. The median home value stands at $357,607, reflecting the overall property values in the region. Despite this, the median income of $44,881 indicates that many households might struggle to afford homeownership outright, further emphasizing the importance of rental options. Unfortunately, the data does not provide specific insights into the average days on market (DOM) or the percentage of homes that have had their prices cut, making it difficult to assess the current state of the housing market's liquidity and competition. Given these figures, landlords and small-portfolio investors should consider the potential benefits of participating in the Section 8 program, as it can offer a stable source of income that is above the current market rent. The verdict on Section 8 for ZIP 82433 is positive, offering a reliable tenant base and rents that exceed the local market average.
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.