Location: Sanpete County, UT | Metro: Sanpete County, UT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $860 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,140 |
| 3 Bedrooms | $1,420 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
U.S. Census Bureau data (2024)
The ZIP code 84621 is not a renter-heavy area. With only 0.0% of the population renting, it is predominantly a homeowner-dominated region. The scarcity of renters implies that Section 8 vouchers will be less common among potential tenants.
Since the median household income for this ZIP code is listed as N/A, we cannot provide a direct comparison to the market rent. However, we can still analyze the situation based on the available data. The Fair Market Rent (FMR) for the metro area is set at $1,150 for fiscal year 2026. This figure represents the maximum amount that landlords can charge tenants with Section 8 vouchers.
In a homeowner-dominated area like 84621, landlords should not expect a high volume of Section 8 applicants. The limited number of renters suggests that those who do apply for housing are likely to have a stable financial situation, although the exact nature of their income remains unclear due to the lack of median household income data.
The tenant profile landlords should anticipate includes individuals or families who qualify for Section 8 assistance. These tenants will have their rent capped at $1,150, which means landlords must ensure their rental properties are priced accordingly to attract these tenants. Given the low percentage of renters, competition for Section 8 tenants might be lower compared to more urbanized areas, but this also indicates that the overall demand for rentals is minimal.
To summarize, landlords in ZIP 84621 should prepare for a niche market of Section 8 tenants, characterized by a smaller pool of applicants and a focus on properties priced at or below the FMR of $1,150. While the lack of median income data complicates a full analysis, the low rental rate suggests that the majority of residents are homeowners, and thus, the reliance on housing vouchers is expected to be low.
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.