Location: Uintah County, UT | Metro: Uintah County, UT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,700 |
| 5 Bedrooms | $1,972 |
| 6 Bedrooms | $2,209 |
| 7 Bedrooms | $2,386 |
| 8 Bedrooms | $2,505 |
U.S. Census Bureau data (2024)
The rental market in ZIP code 84039 is characterized by a Fixed Monthly Rent (FMR) of $1,030 for fiscal year 2026, indicating a stable benchmark for federally assisted housing programs. The absence of specific market rent data suggests a lack of comprehensive tracking or reporting on the local rental market conditions, which could imply either a nascent market or one that's less volatile compared to larger urban centers.
The 6.9% renter share highlights a significant portion of the population that relies on renting as their primary means of housing. This percentage can be indicative of long-term housing pressure, suggesting that a considerable number of residents in 84039 find it challenging to purchase homes. This dynamic can influence the rental market, creating sustained demand for rental properties.
While the snapshot does not provide information on the days on market (DOM) or median home values, the unspecified market rent and price-cut share suggest a rental environment that is somewhat opaque or perhaps not heavily influenced by traditional real estate metrics. Landlords and small-portfolio investors should consider the FMR as a guidepost for setting rents that align with federal standards, ensuring compliance and potentially attracting tenants who benefit from such assistance programs.
The rental market in 84039 appears to be a niche segment, possibly driven by specific local factors such as employment opportunities, school districts, or community amenities. Given the relatively high proportion of renters, landlords might find steady occupancy rates, but they must also be prepared for the possibility of facing competition from new entrants or changes in tenant preferences.
In summary, ZIP 84039 presents a rental market where the federally-assisted segment plays a notable role, with a significant share of the population choosing or needing to rent. This makes it an interesting area for investment, particularly for those looking to cater to the needs of renter households. However, the limited data available points to a market that requires careful analysis and understanding of local trends to navigate effectively.
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.