Location: Beaver County, UT | Metro: Beaver County, UT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,600 |
| 5 Bedrooms | $1,856 |
| 6 Bedrooms | $2,079 |
| 7 Bedrooms | $2,245 |
| 8 Bedrooms | $2,357 |
U.S. Census Bureau data (2024)
The ZIP code 84752 is situated in a suburban neighborhood characterized by its relatively low population density and high median income. With only 972 residents, the area is sparsely populated, and it has a minimal rental market presence, with just 2.8% of households being renters. The median income of $74,792 suggests a community where most residents can afford their own homes, evidenced further by the median home value of $315,353.
Moving into the realm of rent economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,200. However, the lack of available market rent data indicates a limited rental market, which could be challenging for landlords looking to capitalize on traditional rental income streams. This scarcity also implies that there might be fewer opportunities for rental properties to compete with owner-occupied homes, given the strong purchasing power of the local residents.
In terms of fitting an investment strategy, ZIP 84752 is better suited for a hands-off voucher operator rather than a hands-on value-add buyer. The low percentage of renters and the high median income suggest that the demand for rental housing is primarily driven by those who qualify for assistance programs such as Section 8 vouchers. For a hands-off operator, the stability and predictability of government-subsidized rents can provide a reliable source of income without the need for significant property management efforts. On the other hand, a value-add buyer seeking to increase property values through renovations and improvements would likely face difficulties in finding enough tenants willing to pay higher rents in this environment.
Investors should consider the potential limitations of the rental market in 84752 and weigh these against the advantages of operating in a high-income area with stable government support. The investment decision should be based on the ability to attract and retain Section 8 tenants, ensuring compliance with HUD regulations, and understanding the local dynamics of the rental market.
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.