Location: Crook County, WY | Metro: Crook County, WY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,650 |
| 5 Bedrooms | $1,914 |
| 6 Bedrooms | $2,144 |
| 7 Bedrooms | $2,316 |
| 8 Bedrooms | $2,432 |
U.S. Census Bureau data (2024)
In ZIP code 82711, the economics of Section 8 housing are straightforward. The SAFMR (Standard Area Fair Market Rent) for a two-bedroom apartment is set at $960 per month for fiscal year 2026. This figure is specifically tailored for this ZIP code, ensuring it reflects the local rental conditions accurately.
The SAFMR of $960 represents the maximum amount that a landlord can receive from the Housing Choice Voucher program, also known as Section 8, for a two-bedroom unit. However, this does not mean that the landlord will necessarily receive the full amount. The actual reimbursement depends on the tenant's contribution and any utility allowances.
Tenants typically pay 30% of their adjusted income towards rent. If we assume an average adjusted income of $1,600 for a household in ZIP 82711, the tenant would contribute approximately $480 towards rent. This leaves a difference between the SAFMR and the tenant's contribution, which the government aims to cover.
The government will pay the landlord the remaining balance up to the SAFMR limit. So, if the tenant contributes $480, the government will cover the rest, up to $960. This means the landlord could expect a reimbursement of around $480 from the government, assuming the SAFMR is fully utilized. Utility allowances vary but generally add a few hundred dollars to the total monthly payment.
Given the local market rent is currently unavailable, it's important to note that the SAFMR sets the upper limit for what the government will pay. If the market rent is higher than $960, landlords will face a reimbursement gap, meaning they won't be able to charge the full market rate without additional support. Conversely, if the market rent is lower, landlords might see a surplus, where the SAFMR exceeds the local rates, providing a stable income source.
To summarize, landlords in ZIP 82711 can expect a combined payment of up to $960 for a two-bedroom unit under the Section 8 program. The exact amount will depend on the tenant's contribution and any applicable utility allowances. With the current SAFMR set at $960, landlords should be prepared for either a surplus or a gap, depending on the local market conditions.
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.