Location: St. George, UT | Metro: St. George, UT MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,260 |
| 1 Bedroom | $1,270 |
| 2 Bedrooms | $1,660 |
| 3 Bedrooms | $2,180 |
| 4 Bedrooms | $2,710 |
| 5 Bedrooms | $3,144 |
| 6 Bedrooms | $3,521 |
| 7 Bedrooms | $3,803 |
| 8 Bedrooms | $3,993 |
The ZIP code 84791 in St. George County, Utah, stands out due to limited available demographic data, which includes unknown figures for residents, rental percentages, median income, and median home values. This scarcity of information can make it challenging for landlords and small-portfolio investors to assess the typical economic profile of the area.
Despite the lack of comprehensive data, the Section 8 program provides some insight into the local rental market. For fiscal year 2024, the Fair Market Rent (FMR) for ZIP 84791 is set at $1360. This figure represents the maximum amount that a landlord can charge for a rental unit to participate in the Section 8 housing choice voucher program. However, without specific market rent data, it's difficult to compare the FMR to prevailing rental rates in the area.
In terms of voucher economics, landlords in ZIP 84791 can expect to receive a fixed payment of $1360 per month for eligible units under the Section 8 program. This ensures a predictable income stream but also means that they must adhere to the program's regulations regarding unit condition and rent levels. The economic viability of participating in Section 8 depends on the cost of maintaining the property at a standard that meets the program's requirements.
The data signature for ZIP 84791 reads as transitional. With unknown figures for key demographics, it suggests an evolving community where trends may not yet be firmly established. Landlords and investors should monitor changes in the local economy and population growth closely to understand how these factors might impact the rental market and the demand for Section 8 vouchers in the future.
Data Sources: FMR data from HUD (2027).
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.