Location: Park County, WY | Metro: Park County, WY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,540 |
| 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)
The classification of ZIP code 82450 hinges upon the available data points, specifically focusing on rental yield and market stability. With an FMR (Fair Market Rent) of $1,070 for the fiscal year 2026, this figure represents the maximum rent that can be charged for a unit under the Section 8 program. The absence of market rent and home value data suggests a less developed real estate market in this area, which impacts the potential for high rental yields.
In terms of stability, the ZIP code exhibits a unique characteristic with 0.0% of the population being renters. This indicates that the vast majority of residents own their homes, significantly reducing the demand for rental properties. Additionally, the median household income stands at $193,964, which is notably high and could imply a strong local economy capable of supporting property values and rents. However, without comparative data on typical market rents and home values, it's challenging to fully assess the yield potential.
The days on market (DOM) data is also unavailable, which typically helps in understanding how quickly properties sell. This lack of information makes it difficult to gauge the liquidity of the real estate market in ZIP 82450, a key factor for both short-term flipping strategies and long-term investment decisions.
Given the high median income and the low percentage of renters, ZIP 82450 does not align well with a high-yield/low-stability flip-style market. Instead, it appears more suited to a steady-cashflow zone, where the focus would be on long-term investments rather than quick flips. The FMR of $1,070 provides a solid baseline for rental income, but the limited rental market and lack of comprehensive data points suggest that returns will be moderate and stable, rather than high and volatile.
To conclude, ZIP 82450 leans towards a steady-cashflow zone due to its high-income profile and low renter population, despite the promising FMR figure. Landlords and small-portfolio investors should expect reliable but not exceptionally high rental yields, making it ideal for those seeking stable, long-term 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.