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82428

ZIPSAFMR
Big Horn County, WY
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$780$780
1 BR$900$900
2 BR$1,000$1,000
3 BR$1,240$1,240
4 BR$1,560$1,560
5 BR$1,794Not available
6 BR$2,063Not available
7 BR$2,373Not available
8 BR$2,728Not available

Purchase Price Calculator

Maximum purchase price
$86,683

Cost breakdown

+Likely effective rent$1,000
HUD FMRUsed$1,000
Market rentN/A
Est. payment standardN/A
-Principal and interest-$438
Loan amount$69,346
Down payment$17,337
Rate6.50%
Term30 years
-Operating costs-$362
Property taxes-$87
Insurance-$175
Utilities$0
HOA$0
Management-$100
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,350(94.3% ROI)
Projected value
$93,348
Return breakdown
Property appreciation+$6,665
Loan principal paid down+$2,485
Rental cash flow+$7,200
5-year hold
+$27,821(160.5% ROI)
Projected value
$98,074
Return breakdown
Property appreciation+$11,391
Loan principal paid down+$4,431
Rental cash flow+$12,000
10-year hold
+$58,836(339.4% ROI)
Projected value
$110,962
Return breakdown
Property appreciation+$24,279
Loan principal paid down+$10,557
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 82428 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 82428 (Hyattville, WY) is $1,000 a month. That is up 4.2% from $960 in FY 2026. Hyattville is in the Big Horn County, WY non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $999. Among 16 ZIP codes in Big Horn County, 82428 is tied for the 8th-highest two-bedroom rent (county range $1,000–$1,240). The median county two-bedroom FMR in Wyoming is $1,016, so ZIP 82428 is 2% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 82428
BedroomsFY 2027Change90–110% range
Studio$780+2.6%$702–$858
1BR$900+3.4%$810–$990
2BR$1,000+4.2%$900–$1,100
3BR$1,240+4.2%$1,116–$1,364
4BR$1,560+3.3%$1,404–$1,716

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 82428
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$780$900$1,000$1,240$1,560
FY 2026$760$870$960$1,190$1,510
FY 2025$750$810$930$1,140$1,500
FY 2024area FMR$744$747$905$1,133$1,430
FY 2023area FMR$643$647$826$1,005$1,333

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Big Horn County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 82428
82420$1,040+4.0%
82421$1,0000.0%
82422$1,010+1.0%
82423$1,0000.0%
82426$1,010+1.0%
82428Current$1,000—
82431$1,050+5.0%
82432$1,0000.0%
82434$1,0000.0%
82435$1,0000.0%
82441$1,060+6.0%
82442$1,010+1.0%

Questions about ZIP 82428 rents

How much will Section 8 pay for a two-bedroom in ZIP 82428?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $999, which applies unless the housing authority uses Small Area FMRs, that basic range is $899 to $1,099 a month; under the ZIP-level Small Area FMR of $1,000 it would be $900 to $1,100. 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 ZIP 82428 in?

ZIP 82428 is in the Big Horn County, WY non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $999.

How much did fair market rent change in ZIP 82428 for FY 2027?

The two-bedroom FMR rose 4.2%, from $960 in FY 2026 to $1,000 in FY 2027. Since FY 2025 it has risen 7.5%.

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