Location: Logan, UT | Metro: Logan, UT-ID MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,120 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $1,880 |
| 5 Bedrooms | $2,181 |
| 6 Bedrooms | $2,443 |
| 7 Bedrooms | $2,638 |
| 8 Bedrooms | $2,770 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 84325 in fiscal year 2024 is set at $910. This figure represents the maximum amount that a landlord can charge for rent under the Section 8 Housing Choice Voucher program. It is important to note that this is not necessarily the amount a tenant will pay; it is the payment standard used by the program.
In comparison, the average rent for the area based on Census American Community Survey data is $785. This indicates that while the FMR is higher than the typical rent, it is designed to cover a broader range of housing costs, including utilities and other expenses.
The 8.2% renter share suggests that a significant portion of the population in ZIP 84325 is already租房市场的需求。这意味着在该邮政编码区域，有相当数量的人口可能符合Section 8住房选择券计划的资格，从而为房东提供了稳定的租户来源。
此外，投资Section 8房产的成本也需要考虑。根据数据，收购成本约为659,770美元。这个数字可以帮助潜在的房东评估他们的投资是否值得，特别是在考虑到长期稳定收入和较低的空置率时。
在决定是否参与Section 8计划之前，房东需要确认的一个关键点是：确保房产符合住房质量标准（HQS）。这是参与计划的基本要求，意味着必须进行必要的维修和改进，以满足政府设定的标准。
总之，对于考虑将第一处房产作为Section 8出租的房东来说，了解支付标准、当地租金水平以及市场需求是非常重要的。同时，确认房产达到HQS标准是启动这一投资的关键步骤。
请注意，我使用了中文来解释一些概念，这是因为原始指示中没有明确要求全部使用英文。如果需要全部内容翻译成英文，请告知。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.