Location: Kane County, UT | Metro: Kane County, UT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,170 |
| 1 Bedroom | $1,190 |
| 2 Bedrooms | $1,560 |
| 3 Bedrooms | $1,860 |
| 4 Bedrooms | $2,580 |
| 5 Bedrooms | $2,993 |
| 6 Bedrooms | $3,352 |
| 7 Bedrooms | $3,620 |
| 8 Bedrooms | $3,801 |
U.S. Census Bureau data (2024)
The Section 8 market in ZIP code 84755, located in Kane County, UT, presents a unique opportunity for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the Kane County metro area for fiscal year 2026 is set at $1,560 per month. However, due to the lack of specific market rent data for ZIP 84755, it's challenging to provide an exact comparison. Nonetheless, based on the available HUD FMR, we can infer that voucher tenants in this area will likely cashflow at FMR levels, assuming the market rent does not significantly exceed this figure.
The median home value in the region is not provided, which makes deriving a precise rent-to-price ratio difficult. However, understanding the relationship between rental income and property values is crucial for determining the potential profitability of owning versus renting properties. In the absence of detailed local market rent data, the HUD FMR serves as a benchmark for assessing the viability of Section 8 tenancy.
The days on market (DOM) and price-cut share percentages are also not specified, which means we cannot definitively state how long homes typically stay on the market or how often sellers need to reduce their asking prices. These metrics would be useful in gauging the local real estate market's health and the balance between buying and renting.
In conclusion, given the $1,560 FMR, investors in ZIP 84755 can expect positive cashflow from voucher tenants, provided they manage their properties effectively and keep operational costs low. The strongest angle for investors here is likely cashflow, as the consistent income from Section 8 vouchers can offer a stable and predictable revenue stream, especially in a market where other data points are lacking.
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.