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UT/Davis County/Farmington

Farmington, UT

CitySAFMR
Davis County
Found 1 ZIP

City Median Investment Score

53Below average

095130300
BRFMR
Eff. Rent
0 BR$1,330$1,440
1 BR$1,400$1,430
2 BR$1,780$1,810
3 BR$2,390$2,180
4 BR$2,850$2,560
5 BR$3,277Not available
6 BR$3,769Not available
7 BR$4,334Not available
8 BR$4,985Not available

Purchase Price Calculator

Maximum purchase price
$207,049

Cost breakdown

+Likely effective rent$1,810
HUD FMR$1,780
Market rent$1,820
Est. payment standard (101%)Used$1,810
-Principal and interest-$1,047
Loan amount$165,639
Down payment$41,410
Rate6.50%
Term30 years
-Operating costs-$563
Property taxes-$207
Insurance-$175
Utilities$0
HOA$0
Management-$181
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,055(70.2% ROI)
Projected value
$222,969
Return breakdown
Property appreciation+$15,920
Loan principal paid down+$5,934
Rental cash flow+$7,200
5-year hold
+$49,791(120.2% ROI)
Projected value
$234,257
Return breakdown
Property appreciation+$27,208
Loan principal paid down+$10,583
Rental cash flow+$12,000
10-year hold
+$107,208(258.9% ROI)
Projected value
$265,040
Return breakdown
Property appreciation+$57,991
Loan principal paid down+$25,217
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.89
1 BR
0.97
2 BR
0.98
3 BR
1.10
4 BR
1.11
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Farmington, UT fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Farmington, UT is $1,780 a month. That is down 1.1% from $1,800 in FY 2026. Farmington is in the Ogden, UT MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,591. The median county two-bedroom FMR in Utah is $1,158, so Farmington is 54% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Farmington, UT
BedroomsFY 2027Change90–110% range
Studio$1,330−1.5%$1,197–$1,463
1BR$1,400−2.1%$1,260–$1,540
2BR$1,780−1.1%$1,602–$1,958
3BR$2,390−0.8%$2,151–$2,629
4BR$2,850−2.1%$2,565–$3,135

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Farmington, UT
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,330$1,400$1,780$2,390$2,850
FY 2026$1,350$1,430$1,800$2,410$2,910
FY 2025$1,290$1,370$1,700$2,280$2,760
FY 2024$1,140$1,250$1,520$2,060$2,510
FY 2023$1,080$1,180$1,440$1,980$2,400

Questions about Farmington, UT rents

How much will Section 8 pay for a two-bedroom in Farmington, UT?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,591, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,432 to $1,750 a month; under the ZIP-level Small Area FMR of $1,780 it would be $1,602 to $1,958. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Farmington, UT in?

Farmington, UT is in the Ogden, UT MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,591.

How much did fair market rent change in Farmington, UT for FY 2027?

The two-bedroom FMR fell 1.1%, from $1,800 in FY 2026 to $1,780 in FY 2027. Since FY 2023 it has risen 23.6%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set