Location: Daggett County, UT | Metro: Daggett County, UT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $870 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $1,920 |
| 5 Bedrooms | $2,227 |
| 6 Bedrooms | $2,494 |
| 7 Bedrooms | $2,694 |
| 8 Bedrooms | $2,829 |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 84046 is poised for stability and potential growth over the next 12-24 months, anchored by a median home value of $351,791. The absence of significant reductions in listing prices and a non-reported median days on market (DOM) indicate that sellers maintain considerable pricing power. This suggests that the local housing market is robust, with little pressure on property owners to lower their asking prices due to prolonged unsold periods.
On the rental side, the Forward Monthly Rent (FMR) for ZIP 84046 is set at $1,150 for the fiscal year 2026, which contrasts with the current market rate of $961 according to the Census ACS. This gap signals an upward trend in rental values, aligning with the broader expectation of increased demand and cost efficiency for landlords. As rental prices approach the FMR, it will become increasingly viable for long-term investors to hold properties for income generation, rather than immediate resale.
For long-hold investors, the setup implies a realistic appreciation thesis. With stable home values and a projected rise in rental rates, the total returns on investment properties can be expected to grow. However, the exact rate of appreciation remains uncertain without further specific data on past trends and future projections. What is clear is that the current environment supports maintaining or slightly increasing property values, providing a solid foundation for investment strategies focused on long-term gains.
The combination of strong home values and rising rental rates suggests that ZIP 84046 is moving towards a period where both homeowners and landlords can expect positive financial outcomes. For those considering long-term investments, this ZIP code presents a favorable opportunity to capitalize on the anticipated increase in property and rental valuations.
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.