Location: Ogden, UT | Metro: Ogden, UT MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,160 |
| 1 Bedroom | $1,240 |
| 2 Bedrooms | $1,570 |
| 3 Bedrooms | $2,100 |
| 4 Bedrooms | $2,520 |
| 5 Bedrooms | $2,923 |
| 6 Bedrooms | $3,274 |
| 7 Bedrooms | $3,536 |
| 8 Bedrooms | $3,713 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,570 | $493,161 | 0.32% | F |
| 3BR | $2,100 | $799,191 | 0.26% | F |
| 4BR | $2,520 | $1,008,055 | 0.25% | F |
| 5BR | $2,923 | $1,229,078 | 0.24% | F |
U.S. Census Bureau data (2024)
The analysis of ZIP code 84310 in Eden, UT, within the Ogden, UT MSA, reveals several key insights for landlords and small-portfolio investors.
The rent math does not work favorably for landlords. The Fair Market Rent (FMR) for the area in fiscal year 2024 is set at $1280, which is significantly lower than the market rent of $2,063 reported by the Census ACS. This disparity suggests that landlords might struggle to cover their costs if they adhere strictly to the FMR guidelines.
Acquisition is moderately affordable but presents challenges. The median home value in ZIP 84310 is $844,582, which is a substantial investment. However, the lack of data on days on market (DOM) and the very low 0.1% price-cut share indicate that homes are selling quickly without significant discounts, suggesting strong demand for property ownership in the area.
Tenant demand is relatively weak. With a total population of 4,577, only 9.6% are renters, translating to approximately 440 potential tenants. This small pool of renters could make it difficult to find and retain tenants, especially considering the high market rent.
Verdict: Investing in rental properties in ZIP 84310 is not advisable due to the unfavorable rent math and limited tenant demand. While the acquisition cost is manageable and the real estate market shows strength, the discrepancy between FMR and market rent, coupled with the small number of renters, makes the area less attractive for rental investments.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.