Location: Carbon County, UT | Metro: Carbon County, UT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $870 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,210 |
| 3 Bedrooms | $1,520 |
| 4 Bedrooms | $1,930 |
| 5 Bedrooms | $2,239 |
| 6 Bedrooms | $2,508 |
| 7 Bedrooms | $2,709 |
| 8 Bedrooms | $2,844 |
U.S. Census Bureau data (2024)
The rent math in ZIP 84539 does not work in favor of landlords. The Fair Market Rent (FMR) for the Carbon County, UT metro area for fiscal year 2026 is set at $1,260. However, the current market rent, based on Census ACS data, stands at only $810. This significant gap means that landlords would struggle to cover costs and make a profit at the current market rate.
Acquisition in this area is not affordable for small-portfolio investors. The median home value is listed as N/A, indicating a lack of recent sales data which could provide insights into typical property values. Additionally, the average number of days on the market (DOM) and the percentage of homes needing price cuts are also marked as N/A. These missing figures suggest a limited supply of properties for sale, making it challenging to acquire new rental units at reasonable prices.
Tenant demand is relatively low in ZIP 84539. With a total population of 510, only 10.6% of residents are renters. This translates to approximately 54 potential tenants, which is insufficient to support a robust rental market given the size of the population.
Verdict: ZIP 84539 presents a challenging investment scenario for landlords and small-portfolio investors. The discrepancy between the FMR and the actual market rent indicates a financial imbalance where landlords cannot charge enough to meet the government's fair market guidelines. The lack of data on home values, DOM, and price-cut percentages suggests a stagnant housing market, making acquisitions difficult and potentially overpriced. Lastly, the low renter share of the population implies limited tenant demand, further reducing the attractiveness of this area for rental investments.
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.