Section 8 Fair Market Rent (FMR) for ZIP 82710 - 2027
Location: Crook County, WY | Metro: Crook County, WY
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $880 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,230 |
| 3 Bedrooms | $1,490 |
| 4 Bedrooms | $1,970 |
| 5 Bedrooms | $2,285 |
| 6 Bedrooms | $2,559 |
| 7 Bedrooms | $2,764 |
| 8 Bedrooms | $2,902 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$53,603
To determine if you should buy in ZIP code 82710 for Section 8 purposes, follow this decision tree:
- 1) Does FMR $1,080 clear debt service on a $604,189 property?
- No. The Fair Market Rent (FMR) of $1,080 is insufficient to cover the debt service on a property valued at $604,189. Debt service typically includes mortgage payments, property taxes, insurance, and maintenance costs. Given the high property value, it's unlikely that $1,080 would be adequate.
- 2) Is market rent above, at, or below FMR?
- N/A. There is no data available regarding the market rent for ZIP code 82710. Without this information, it's impossible to make a direct comparison between market rents and the FMR.
- 3) Are 0.0% renters and N/A-day Days on Market (DOM) enough demand?
- No. With 0.0% of the population identified as renters, there is a significant lack of rental demand in this area. Additionally, the absence of data on DOM suggests either an underdeveloped rental market or a lack of recent rental activity, which further indicates low demand.
The analysis clearly shows that ZIP code 82710 is not a viable option for landlords looking to invest in properties for Section 8 tenants based on the provided data. The FMR does not support the financial obligations of a property priced at $604,189, and there is insufficient rental demand to justify the investment.
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.