Section 8 Fair Market Rent (FMR) for ZIP 84743 - 2027

Location: Piute County, UT | Metro: Piute County, UT

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$870
1 Bedroom	$950
2 Bedrooms	$1,160
3 Bedrooms	$1,560
4 Bedrooms	$1,920
5 Bedrooms	$2,227
6 Bedrooms	$2,494
7 Bedrooms	$2,694
8 Bedrooms	$2,829

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

373

Median Household Income

$43,250

Housing Units

108

Renter Percentage

N/A

Occupancy Rate

78.7%

Renter Occupied

ZIP code 84743, located in Utah, represents a unique market scenario for real estate investors, particularly those interested in the Section 8 program. The area's housing dynamics present both opportunities and challenges that require careful consideration.

The Fair Market Rent (FMR) for the metro area, including ZIP 84743, for fiscal year 2026 is set at $1,150. This figure provides a benchmark for rental pricing under the Section 8 program.
Market rent data is currently unavailable (N/A) for this specific ZIP code, indicating a lack of comprehensive rental data that could otherwise inform investment decisions.
The median home value is also listed as N/A, suggesting limited data on home values which can impact the potential resale or refinance options for property owners.
Renter share stands at 0.0%, which means there are no recorded renters in the dataset for this ZIP code, implying a predominantly owner-occupied community.
The Days on Market (DOM) figure is not available (N/A), making it difficult to assess how quickly properties typically sell in this area.
The median household income in ZIP 84743 is $43,250, providing insight into the economic profile of residents and potential tenants.

In summary, ZIP 84743 offers a niche opportunity for investors focusing on the Section 8 program, with a clearly defined FMR of $1,150. However, the absence of key metrics such as market rent, median home value, and DOM suggests a less liquid real estate market that might be challenging to navigate without additional research. The low renter share indicates a community primarily composed of homeowners, which could limit the pool of eligible Section 8 tenants. Despite these considerations, the median income level of $43,250 aligns well with the financial parameters of the Section 8 program, offering a stable tenant base for those willing to invest in this specific market segment.

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.