Section 8 Fair Market Rent (FMR) for ZIP 84533 - 2027

Location: San Juan County, UT | Metro: Kane County, UT

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,100
1 Bedroom	$1,140
2 Bedrooms	$1,500
3 Bedrooms	$1,800
4 Bedrooms	$2,510
5 Bedrooms	$2,912
6 Bedrooms	$3,261
7 Bedrooms	$3,522
8 Bedrooms	$3,698

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

Median Household Income

$N/A

Housing Units

Renter Percentage

100.0%

Occupancy Rate

24.2%

Renter Occupied

The analysis of ZIP code 84533, located in San Juan County, UT, reveals key insights for landlords and small-portfolio investors.

Does the rent math work? The Fair Market Rent (FMR) for the area in fiscal year 2026 is set at $1,270. However, without specific market rent data, it's challenging to determine if the rent math aligns perfectly. Landlords should aim to set rents close to the FMR to remain competitive and viable within the HUD guidelines.
Is acquisition affordable? With the median home value and other acquisition metrics marked as 'N/A', a precise assessment of affordability cannot be made. This lack of data suggests that either the housing market in 84533 is underdeveloped or that such statistics are not widely reported. Investors will need to conduct thorough local research to understand the true cost of acquiring properties in this area.
Is there tenant demand? The ZIP code has a population of 94, with 100.0% of residents being renters. This indicates a strong tenant demand relative to the number of potential homes available, suggesting that rental properties can find occupants easily.

A verdict on ZIP 84533 for investment purposes reveals a mixed picture. While the high renter share ensures tenant demand, the lack of specific market rent and property acquisition data complicates a straightforward financial assessment. The Fair Market Rent at $1,270 provides a benchmark for rental pricing but does not account for the unique dynamics of the local housing market. Therefore, while there is clear demand for rentals, the feasibility of investment hinges critically on additional local research to uncover detailed market conditions and acquisition costs.

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.