82901

ZIPSAFMR

Sweetwater County, WY

ZIP Investment Score

54Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$780	$860	-4.5%
1 BR	$880	$970	-1.0%
2 BR	$1,000	$1,080	-1.1%
3 BR	$1,280	$1,320	-1.2%
4 BR	$1,670	$1,380	-1.2%
5 BR	$1,920	Not available	-1.2%
6 BR	$2,209	Not available	-1.2%
7 BR	$2,540	Not available	-1.2%
8 BR	$2,921	Not available	-1.2%

Purchase Price Calculator

Maximum purchase price

$98,571

Cost breakdown

+Likely effective rent$1,080

HUD FMR$1,000

Market rent$1,120

Est. payment standard (108%)Used$1,080

-Principal and interest-$498

Loan amount$78,857

Down payment$19,714

Rate6.50%

Term30 years

-Operating costs-$382

Property taxes-$99

Insurance-$175

Utilities$0

HOA$0

Management-$108

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$17,604(89.3% ROI)

Projected value

$106,150

Return breakdown

Property appreciation+$7,579

Loan principal paid down+$2,825

Rental cash flow+$7,200

5-year hold

+$29,991(152.1% ROI)

Projected value

$111,524

Return breakdown

Property appreciation+$12,953

Loan principal paid down+$5,038

Rental cash flow+$12,000

10-year hold

+$63,613(322.7% ROI)

Projected value

$126,179

Return breakdown

Property appreciation+$27,608

Loan principal paid down+$12,005

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.74ratio

FMR$780

Market$1,060

vs market-$280

FMR is below market; voucher rent may lag private rents.

0.74

1 BR

0.84ratio

FMR$880

Market$1,050

vs market-$170

FMR is below market; voucher rent may lag private rents.

0.84

2 BR

0.89ratio

FMR$1,000

Market$1,120

vs market-$120

FMR is below market; voucher rent may lag private rents.

0.89

3 BR

0.96ratio

FMR$1,280

Market$1,340

vs market-$60

FMR is near market; voucher and private rents are aligned.

0.96

4 BR

1.21ratio

FMR$1,670

Market$1,380

vs market+$290

FMR is above market; underwrite to market rent.

1.21

0.700.800.901.001.101.201.30aligned range

Historical

FY 2023-2027

FMR: FY2027
Market rent: last ~365 days
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 82901 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 82901 (Rock Springs, WY) is $1,000 a month. That is up 1.0% from $990 in FY 2026. Rock Springs is in the Sweetwater 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 12 ZIP codes in Sweetwater County, 82901 is tied for the 3rd-highest two-bedroom rent (county range $1,000–$1,140). The median county two-bedroom FMR in Wyoming is $1,016, so ZIP 82901 is 2% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 82901
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$740	$780	+5.4%	$702–$858
1BR	$850	$880	+3.5%	$792–$968
2BR	$990	$1,000	+1.0%	$900–$1,100
3BR	$1,260	$1,280	+1.6%	$1,152–$1,408
4BR	$1,660	$1,670	+0.6%	$1,503–$1,837

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 82901
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$780	$880	$1,000	$1,280	$1,670
FY 2026	$740	$850	$990	$1,260	$1,660
FY 2025	$810	$820	$1,000	$1,240	$1,630
FY 2024area FMR	$896	$907	$1,033	$1,329	$1,733
FY 2023area FMR	$772	$789	$891	$1,216	$1,518

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

Two-bedroom rent in nearby Sweetwater County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 82901
82322	$1,000	0.0%
82336	$1,000	0.0%
82901Current	$1,000	—
82902	$1,000	0.0%
82929	$1,000	0.0%
82932	$1,000	0.0%
82934	$1,000	0.0%
82935	$1,020	+2.0%
82938	$1,140	+14.0%
82942	$1,000	0.0%
82943	$1,000	0.0%
82945	$1,000	0.0%

Questions about ZIP 82901 rents

How much will Section 8 pay for a two-bedroom in ZIP 82901?

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 82901 in?

ZIP 82901 is in the Sweetwater 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 82901 for FY 2027?

The two-bedroom FMR rose 1.0%, from $990 in FY 2026 to $1,000 in FY 2027. Since FY 2025 it has risen 0.0%.

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

County fair market rent Rock Springs, WY fair market rent WY statewide rents What is SAFMR?Data sources