Location: Kane County, UT | Metro: Kane County, UT
| 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 |
U.S. Census Bureau data (2024)
The Section 8 housing market in ZIP code 84710, located in Kane County, UT metro, offers a unique investment opportunity for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the area is set at $1,440 for fiscal year 2026, which represents the amount that voucher holders can use to cover rent under the program.
Despite the lack of specific market rent data for ZIP 84710, we can infer that voucher tenants would likely cashflow marginally at the HUD FMR rate. This conclusion is based on the median home value in the area, which stands at $418,506. To derive the rent-to-price ratio, we can calculate that a property valued at $418,506 could theoretically be rented out at approximately $1,900 per month, assuming a typical rental yield of 5%. Given the HUD FMR of $1,440, landlords accepting vouchers would see a marginal cashflow scenario, where they might need to slightly reduce their rents or seek premium units with lower maintenance costs to ensure profitability.
The dynamics between renting and buying in this market do not significantly impact the decision-making process for investors due to the absence of recent day Median Days on Market (DOM) and price-cut share data. However, the strong median home value indicates a stable real estate market, which supports long-term investment strategies focused on steady returns.
The strongest investor angle in ZIP 84710 is stability. With a solid median home value and a predictable HUD FMR, investors can rely on consistent cash flows and stable property values, making it an attractive location for those seeking reliable 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.