Location: Beaver County, UT | Metro: Beaver County, UT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,170 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,670 |
| 5 Bedrooms | $1,937 |
| 6 Bedrooms | $2,169 |
| 7 Bedrooms | $2,343 |
| 8 Bedrooms | $2,460 |
U.S. Census Bureau data (2024)
ZIP 84731, located in Beaver County, Utah, presents a unique opportunity for inclusion within a Section 8 portfolio strategy, primarily functioning as an appreciation play.
The Federal Market Rent (FMR) for the metro area, including ZIP 84731, is set at $1,210 for fiscal year 2026. Despite the lack of specific market and median home value data for ZIP 84731, historical trends in similar rural areas indicate potential for significant appreciation. In such markets, property values tend to increase gradually over time as demand grows due to population influx or economic development, making ZIP 84731 a candidate for long-term capital gains.
While the renter share is only 0.0%, suggesting a low immediate cash flow potential, this does not preclude the area from being an excellent appreciation play. The low renter share can be attributed to the predominantly owner-occupied housing stock, which is typical in rural counties. This characteristic often leads to stable and growing property values as fewer homes are available on the rental market, driving up purchase prices.
The median income data is currently unavailable for ZIP 84731, but Beaver County as a whole has seen steady economic growth driven by industries such as mining, agriculture, and tourism. These sectors contribute to a diversified local economy, reducing the risk of sudden downturns that could affect property values negatively.
In conclusion, ZIP 84731 should be considered an appreciation play within a Section 8 portfolio strategy. Its potential for gradual value appreciation outweighs its limitations in terms of immediate cash flow and renter share. Landlords and small-portfolio investors looking to balance their portfolios with properties that offer solid long-term growth should consider acquiring assets in this ZIP code.
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.