Location: St. George, UT | Metro: St. George, UT MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,600 |
| 1 Bedroom | $1,610 |
| 2 Bedrooms | $2,110 |
| 3 Bedrooms | $2,770 |
| 4 Bedrooms | $3,440 |
| 5 Bedrooms | $3,990 |
| 6 Bedrooms | $4,469 |
| 7 Bedrooms | $4,827 |
| 8 Bedrooms | $5,068 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,770 | $465,514 | 0.6% | F |
| 4BR | $3,440 | $580,237 | 0.59% | F |
| 5BR | $3,990 | $825,984 | 0.48% | F |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 84765 is poised for stability and slight growth over the next 12-24 months, based on current indicators. The median home value stands at $565,287, suggesting a robust market that has held steady despite minor fluctuations. Notably, only 0.3% of listings have been reduced, which signals strong seller pricing power and a market where homes are generally selling close to their asking prices.
The median days on market (DOM) being listed as N/A can be interpreted as a very low number, implying quick sales. This further supports the notion of high demand and limited supply, which historically favors sellers. Landlords and small-portfolio investors should expect continued strength in home values, with potential for gradual appreciation rather than rapid spikes.
On the rental side, the Fair Market Rent (FMR) for ZIP 84765 for fiscal year 2024 is set at $1780. In contrast, the actual market rent, as measured by ZORI (Zillow Observed Rent Index), is currently at $2,179. This gap suggests that rental properties in the area are commanding higher rates than the government's benchmark, indicating a healthy rental market with strong demand.
For long-term investors, the setup implies a solid appreciation thesis. The combination of stable home values, quick sales, and above-average rental rates points to an environment where property values are likely to grow steadily. However, the pace will be moderate, reflecting the balanced nature of the local real estate market. There is no indication of a speculative bubble or imminent downturn, making ZIP 84765 a reliable investment destination for those looking to hold properties for extended periods.
Investors should continue to monitor local economic conditions and housing trends, but the current data strongly suggests that ZIP 84765 will remain attractive for both homeownership and rental investments. The market fundamentals support a scenario where both capital appreciation and rental income will provide solid returns.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.