Location: Uinta County, WY | Metro: Summit County, UT
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,020 |
| 1 Bedroom | $1,030 |
| 2 Bedrooms | $1,330 |
| 3 Bedrooms | $1,710 |
| 4 Bedrooms | $1,860 |
| 5 Bedrooms | $2,158 |
| 6 Bedrooms | $2,417 |
| 7 Bedrooms | $2,610 |
| 8 Bedrooms | $2,741 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,330 | $229,814 | 0.58% | F |
| 3BR | $1,710 | $329,483 | 0.52% | F |
| 4BR | $1,860 | $387,102 | 0.48% | F |
| 5BR | $2,158 | $469,506 | 0.46% | F |
U.S. Census Bureau data (2024)
ZIP code 82930 is located in Wyoming and represents a neighborhood with a population of 14,435 residents. The area has a relatively low percentage of renters at 25.6%, indicating that it is primarily a homeownership-focused community. The median household income in this ZIP code is $81,042, which suggests that the local economy supports a comfortable standard of living. Median home values stand at $328,141, reflecting a stable housing market where property appreciation is likely.
From an investment perspective, the Federal Market Rent (FMR) for ZIP 82930 in the fiscal year 2026 is set at $1,470. This figure is notably higher than the current market rent of $847, based on Census ACS data. This disparity between the FMR and market rent indicates a potential opportunity for landlords and small-portfolio investors to increase rental income through participation in the Section 8 program. The difference in these figures could be leveraged to attract tenants who benefit from government subsidies while also ensuring a steady stream of rental payments.
The question then arises whether ZIP 82930 is better suited for a hands-off voucher operator or a hands-on value-add buyer. Given the low renter percentage and the substantial gap between FMR and market rents, a hands-on approach would likely yield better returns. Investors should focus on properties that can be renovated or managed effectively to command rents closer to the FMR. This strategy would be more profitable than a passive hands-off approach, as the potential for higher rents exists but requires active management to achieve.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.