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 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors targeting ZIP code 82934 in Sweetwater County, Wyoming reveals several key points. The Fair Market Rent (FMR) set by HUD for the metro area in fiscal year 2026 is $1,000. However, the current market rent data for the area is not available, making it difficult to directly compare FMR against actual rental rates.
In the absence of specific market rent figures, we can infer that voucher tenants will likely cashflow at the FMR rate, assuming the FMR is aligned with the average market rent. If the market rent is higher, voucher tenants might only cashflow marginally or require premium units to achieve positive cashflow.
The median home value for ZIP 82934 is also not available, which means deriving an accurate rent-to-price ratio is not possible with the current data. This ratio is typically used to assess whether renting or buying is more economical, but without a median home value, such a comparison cannot be made.
Similarly, the number of days for median Days on Market (DOM) and the percentage of price cuts are not available, which would have helped in understanding how quickly properties sell and the typical adjustments needed to close deals. These factors are crucial in assessing the rent-versus-buy dynamics, but their absence limits a comprehensive evaluation.
The strongest investor angle in ZIP 82934 appears to be stability. Given the lack of recent volatility in the data, investors can expect consistent returns through Section 8 vouchers, provided the market rent does not significantly exceed the FMR. Stability offers a reliable income stream, which is particularly attractive for landlords and small-portfolio investors looking to manage risk.
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.