Section 8 Fair Market Rent (FMR) for ZIP 82931 - 2027

FY 2027 Fair Market Rent Rates

The economics of Section 8 housing in ZIP code 82931, located in Uinta County, Wyoming, are straightforward. The SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment in this ZIP code for fiscal year 2026 is set at $960. This figure is specifically tailored for this ZIP code, reflecting the local rental market conditions.

Despite the local market rent being listed as N/A, we can still break down the financials for landlords who might be considering participating in the Section 8 program. When a tenant uses a Section 8 voucher, they are responsible for paying a portion of the rent, typically around 30% of their income. The remainder, up to the SAFMR, is covered by the government.

In ZIP 82931, here's how it works:

• The tenant pays approximately 30% of their income toward the rent.
• The government pays the difference between the tenant's payment and the SAFMR of $960.
• Utility allowances are also provided, but these do not affect the total rent amount directly; they are separate payments made to cover the tenant's utility costs.

To illustrate, if a tenant's portion of the rent is $300, the government would pay the remaining $660 to bring the total rent to the SAFMR of $960. This ensures that landlords receive a consistent and predictable rent payment, even if the tenant's income fluctuates.

However, it's important to note that the SAFMR does not account for any rent above the established rate. If your property's market rent exceeds the SAFMR, you will not receive additional funds from the government. In ZIP 82931, since the local market rent is not specified, we cannot determine if there is a surplus or a gap between the market rent and the SAFMR. But assuming the market rent is higher, landlords could face a shortfall where they must subsidize the rent themselves to remain competitive.

In conclusion, for a two-bedroom apartment in ZIP 82931, the typical reimbursement under the Section 8 program is $960. Without specific market rent data, it's unclear whether this represents a surplus or a gap, but landlords should be prepared to either accept this as a fixed rate or consider the potential need to subsidize rents to stay in line with market rates.

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.