Section 8 Fair Market Rent (FMR) for ZIP 82723 - 2027

Location: Weston County, WY | Metro: Weston County, WY

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$830
1 Bedroom	$830
2 Bedrooms	$1,080
3 Bedrooms	$1,470
4 Bedrooms	$1,790
5 Bedrooms	$2,076
6 Bedrooms	$2,325
7 Bedrooms	$2,511
8 Bedrooms	$2,637

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

140

Median Household Income

$116,429

Housing Units

Renter Percentage

N/A

Occupancy Rate

84.7%

Renter Occupied

The ZIP code 82723, located in Wyoming, is characterized by its low population density and limited rental market presence. This area offers unique opportunities for real estate investment, particularly for those interested in long-term strategies.

Fair Market Rent (FMR): The Fair Market Rent for the metro area in fiscal year 2026 is set at $1,090. This figure provides a benchmark for rental pricing in the area.
Rental Market Data: Specific market rent data is currently unavailable, indicating a potentially underdeveloped rental market.
Home Values: Median home values are also not available, suggesting that the area may lack sufficient residential property transactions to establish a reliable average.
Renter Share: With a 0.0% renter share, it's evident that the majority of residents in this ZIP code own their homes rather than renting, which can impact the demand for rental properties.
Days on Market (DOM): The average days on market for properties is not available, making it difficult to assess how quickly homes are typically sold in this area.
Median Income: The median income in ZIP 82723 is $116,429, reflecting a higher-than-average earning capacity among its residents.

Given the high median income and the low availability of rental data, there appears to be a strong inclination towards homeownership in the area. Investors should focus on the potential for appreciation in property values over time, rather than immediate rental returns. The lack of detailed market data suggests that this area could benefit from further research to uncover hidden investment opportunities.

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.