Location: Emery County, UT | Metro: Emery County, UT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,750 |
| 5 Bedrooms | $2,030 |
| 6 Bedrooms | $2,274 |
| 7 Bedrooms | $2,456 |
| 8 Bedrooms | $2,579 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 84528 reveals a market that leans towards being a high-yield but relatively stable investment opportunity for landlords and small-portfolio investors. The key figures supporting this classification include the Fair Market Rent (FMR) at $980 for the metro area in fiscal year 2026, which contrasts sharply with the market rent of $740. This gap suggests that properties in this ZIP code can command higher rents compared to the average, potentially leading to increased yields.
Additionally, the median home value stands at $291,417, indicating a substantial asset base that could provide significant equity over time. However, the stability of this market is somewhat mixed. With 23.4% of residents being renters, there is a notable but not overwhelming rental presence. The lack of available data on days on market (DOM) makes it challenging to assess the speed of property turnover, which is crucial for evaluating the liquidity and stability of the rental market. Income levels in the area are reported at $71,053, suggesting that tenants have a reasonable ability to afford rent payments, which supports the stability aspect.
To summarize, ZIP 84528 offers a high-yield potential due to the disparity between FMR ($980) and market rent ($740), alongside a robust median home value ($291,417). While the rental population percentage (23.4%) and median income ($71,053) indicate a degree of stability, the missing DOM data introduces an element of uncertainty. Therefore, this ZIP code represents a blend of high-yield and moderate-stability characteristics, making it suitable for investors who are willing to balance higher returns with some level of market variability.
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.