Location: Uintah County, UT | Metro: Duchesne County, UT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,560 |
| 5 Bedrooms | $1,810 |
| 6 Bedrooms | $2,027 |
| 7 Bedrooms | $2,189 |
| 8 Bedrooms | $2,298 |
U.S. Census Bureau data (2024)
ZIP code 84053, located within the Uintah County, UT metro area, presents an interesting case for real estate analysis. The Fair Market Rent (FMR) for the area is set at $1,130 for fiscal year 2026, which is a key figure for landlords and investors involved with Section 8 housing.
To understand how ZIP 84053 compares to other areas within Uintah County, it's important to note that the market rent and home value data are not available for this specific ZIP code. However, the renter share stands at 5.1%, indicating that a slightly more than average portion of residents in this ZIP code are renters compared to the county average.
The FMR of $1,130 provides a benchmark for rental prices that can be considered reasonable under Section 8 guidelines. This figure suggests that 84053 could be classified as a mid-tier neighborhood, given that it likely offers decent amenities and living conditions without reaching the highest price points seen in premium sub-markets.
The absence of market rent and home value data makes it challenging to draw definitive conclusions about the ZIP code's position relative to others in the metro area. However, the higher-than-average renter share can be a significant indicator. In many cases, a high renter share combined with below-average home values signals a potential value pocket for Section 8 properties, as it indicates a concentration of rental activity in an area where property ownership is less common and potentially more affordable.
Without specific comparative data on market rents and home values for other ZIP codes in Uintah County, we cannot definitively state whether 84053 is a value pocket or a premium sub-market. However, the current data suggest that it may lean towards being a value pocket due to the higher renter share, which often correlates with areas attractive to Section 8 tenants.
Landlords and small-portfolio investors should consider the FMR as a guideline for setting competitive rental rates that comply with Section 8 requirements. While the exact market dynamics are unclear without additional data, the higher renter share in 84053 points towards a strong demand for rental properties, making it a potentially lucrative investment opportunity.
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.