Section 8 Fair Market Rent (FMR) for ZIP 82640 - 2027

Location: Johnson County, WY | Metro: Johnson County, WY

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$860
1 Bedroom	$900
2 Bedrooms	$1,100
3 Bedrooms	$1,500
4 Bedrooms	$1,840
5 Bedrooms	$2,134
6 Bedrooms	$2,390
7 Bedrooms	$2,581
8 Bedrooms	$2,710

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

175

Median Household Income

$250,001

Housing Units

106

Renter Percentage

N/A

Occupancy Rate

100.0%

Renter Occupied

ZIP code 82640, located in Wyoming, is a prime area for real estate investment, particularly for those interested in understanding the nuances of the housing market within the context of Section 8 guidelines. This region offers a unique blend of rural charm and access to essential services, making it attractive for both potential residents and investors.

The Fair Market Rent (FMR) for ZIP 82640 in the fiscal year 2026 is set at $1,080, providing a clear benchmark for rental properties eligible under Section 8 programs.
Despite the FMR being established, there is currently no reported data on the average market rent for the area, indicating either limited data availability or a market that closely aligns with the FMR standards.
The median home value in ZIP 82640 has not been provided, suggesting that this area may be less focused on homeownership compared to other regions.
The renter share of the population stands at 0.0%, which is unusually low and might reflect a strong preference for homeownership among residents.
The Days on Market (DOM) for listings in this area is not available, possibly due to a lack of sufficient real estate activity or data reporting.
The median household income in ZIP 82640 exceeds $250,000, positioning it as a high-income area where residents might have greater flexibility in choosing their living arrangements.

The low renter share combined with the high median income suggests that many residents can afford to buy homes rather than rent, which could limit the demand for rental properties. However, the established Fair Market Rent provides a reliable guideline for landlords participating in Section 8 programs. The absence of market rent data and Days on Market figures indicates a need for further investigation into local real estate trends. For small-portfolio investors, focusing on properties that meet Section 8 requirements while also appealing to high-income renters could yield stable returns given the current economic profile of the area.

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.