Section 8 Fair Market Rent (FMR) for ZIP 82938 - 2027

Location: Sweetwater County, WY | Metro: Sweetwater County, WY

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$850
1 Bedroom	$930
2 Bedrooms	$1,140
3 Bedrooms	$1,540
4 Bedrooms	$1,900
5 Bedrooms	$2,204
6 Bedrooms	$2,468
7 Bedrooms	$2,665
8 Bedrooms	$2,798

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

221

Median Household Income

$105,323

Housing Units

145

Renter Percentage

N/A

Occupancy Rate

69.7%

Renter Occupied

ZIP code 82938, located in the state of Wyoming, is a unique market characterized by low rental activity and high median incomes. The following analysis provides key insights for landlords and small-portfolio investors considering this area.

The Fair Market Rent (FMR) for ZIP 82938 is set at $1,130 for fiscal year 2026, reflecting the government's benchmark for rental affordability in the region.
Market rent data is currently unavailable for ZIP 82938, indicating that the area may have limited rental housing options or very low demand for rentals.
The median home value is also not available, suggesting that this area might be predominantly rural or have very few residential sales transactions.
Rental share stands at 0.0%, which is exceptionally low and points to a community where homeownership is nearly universal.
The Days on Market (DOM) figure is not available, implying that there may not be enough recent property listings to establish a trend.
The median household income is $105,323, which is significantly higher than the national average and indicates a wealthy demographic.

The combination of low rental share and high median income suggests that ZIP 82938 is primarily attractive for homeowners rather than renters. Investors should consider these factors when evaluating the potential returns on rental properties in this area. Given the lack of specific market rent and median home value data, it is advisable to conduct further localized research before making investment decisions. The exceptionally high median income could support luxury housing or vacation rentals if the area has tourism appeal, but this would require additional investigation into local trends and amenities.

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.