Location: Sweetwater County, WY | Metro: Sweetwater County, WY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,670 |
| 5 Bedrooms | $1,937 |
| 6 Bedrooms | $2,169 |
| 7 Bedrooms | $2,343 |
| 8 Bedrooms | $2,460 |
The Fair Market Rent (FMR) for ZIP code 82902 in Sweetwater County, WY, for fiscal year 2026 is set at $1,000. This figure serves as a benchmark for rental costs in the area but lacks context without comparative data from other ZIP codes within the same county. Given that the market rent, home value, and renter share percentages are not available for ZIP 82902, we must rely on the FMR to make an initial assessment.
In Sweetwater County, WY, ZIP codes typically have varying FMRs depending on their location within the county. The absence of specific market rent and home value data for ZIP 82902 makes it challenging to categorize the area definitively as a value pocket, mid-tier neighborhood, or premium sub-market. However, the FMR of $1,000 can be used as a starting point for comparison.
If the FMR of $1,000 is notably lower than the average FMR across other ZIP codes in Sweetwater County, this could indicate that 82902 is a value pocket, potentially attractive to low-income renters who benefit from Section 8 housing assistance. Conversely, if the FMR is closer to the average or higher, it might suggest that 82902 is either a mid-tier neighborhood or a premium sub-market, depending on how it aligns with overall county trends.
The lack of data on market rent and home values prevents a precise determination of 82902's standing within the county. However, the absence of a significant renter share percentage could imply that the majority of residents are homeowners rather than renters. This would reduce the reliance on rental properties and potentially diminish the appeal of 82902 as a target for Section 8 investments.
To accurately assess whether 82902 represents a sweet spot for Section 8 investments, additional data on market rents, home values, and the percentage of renters would be necessary. Landlords and small-portfolio investors should consider conducting further research to fill these gaps and make informed decisions about potential investment opportunities in the ZIP code.
Data Sources: FMR data from HUD (2027).
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.