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Morgan, UT

CitySAFMR
Morgan County
Found 1 ZIP

City Median Investment Score

43Below average

095130300
BRFMR
Eff. Rent
0 BR$1,150$1,270
1 BR$1,210$1,330
2 BR$1,540$1,480
3 BR$2,060$1,800
4 BR$2,470$2,100
5 BR$2,841Not available
6 BR$3,267Not available
7 BR$3,757Not available
8 BR$4,320Not available

Purchase Price Calculator

Maximum purchase price
$158,011

Cost breakdown

+Likely effective rent$1,480
HUD FMR$1,540
Market rentUsed$1,480
Est. payment standard (97%)$1,500
-Principal and interest-$799
Loan amount$126,409
Down payment$31,602
Rate6.50%
Term30 years
-Operating costs-$481
Property taxes-$158
Insurance-$175
Utilities$0
HOA$0
Management-$148
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,878(75.6% ROI)
Projected value
$170,160
Return breakdown
Property appreciation+$12,150
Loan principal paid down+$4,529
Rental cash flow+$7,200
5-year hold
+$40,840(129.2% ROI)
Projected value
$178,775
Return breakdown
Property appreciation+$20,764
Loan principal paid down+$8,076
Rental cash flow+$12,000
10-year hold
+$87,501(276.9% ROI)
Projected value
$202,267
Return breakdown
Property appreciation+$44,256
Loan principal paid down+$19,244
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.79
1 BR
0.85
2 BR
1.04
3 BR
1.14
4 BR
1.18
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Morgan, UT fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Morgan, UT is $1,540 a month. That is down 3.8% from $1,600 in FY 2026. Morgan 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 Morgan is 33% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Morgan, UT
BedroomsFY 2027Change90–110% range
Studio$1,150−4.2%$1,035–$1,265
1BR$1,210−4.7%$1,089–$1,331
2BR$1,540−3.7%$1,386–$1,694
3BR$2,060−3.7%$1,854–$2,266
4BR$2,470−4.6%$2,223–$2,717

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Morgan, UT
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,150$1,210$1,540$2,060$2,470
FY 2026$1,200$1,270$1,600$2,140$2,590
FY 2025$1,190$1,270$1,570$2,110$2,550
FY 2024$1,110$1,210$1,480$2,010$2,440
FY 2023$1,080$1,180$1,440$1,980$2,400

Questions about Morgan, UT rents

How much will Section 8 pay for a two-bedroom in Morgan, 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 $1,540 it would be $1,386 to $1,694. 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 Morgan, UT in?

Morgan, 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 Morgan, UT for FY 2027?

The two-bedroom FMR fell 3.8%, from $1,600 in FY 2026 to $1,540 in FY 2027. Since FY 2023 it has risen 6.9%.

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