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Summit County/Park City/84060

84060

ZIPSAFMR
Summit County, UT
Zillow

ZIP Investment Score

18Below average

095130300
BRFMR
Eff. Rent
0 BR$1,830$2,010
1 BR$1,880$2,070
2 BR$2,130$2,340
3 BR$2,860$3,150
4 BR$3,560$3,920
5 BR$4,094Not available
6 BR$4,708Not available
7 BR$5,414Not available
8 BR$6,226Not available

Purchase Price Calculator

Maximum purchase price
$285,807

Cost breakdown

+Likely effective rent$2,340
HUD FMR$2,130
Market rent$3,090
Est. payment standard (110%)Used$2,340
-Principal and interest-$1,445
Loan amount$228,645
Down payment$57,161
Rate6.50%
Term30 years
-Operating costs-$695
Property taxes-$286
Insurance-$175
Utilities$0
HOA$0
Management-$234
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,368(65.4% ROI)
Projected value
$307,782
Return breakdown
Property appreciation+$21,976
Loan principal paid down+$8,192
Rental cash flow+$7,200
5-year hold
+$64,166(112.3% ROI)
Projected value
$323,364
Return breakdown
Property appreciation+$37,557
Loan principal paid down+$14,608
Rental cash flow+$12,000
10-year hold
+$138,859(242.9% ROI)
Projected value
$365,857
Return breakdown
Property appreciation+$80,050
Loan principal paid down+$34,809
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.87
1 BR
0.81
2 BR
0.69
3 BR
0.73
4 BR
0.58
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 84060 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 84060 (Park City, UT) is $2,130 a month. That is down 2.3% from $2,180 in FY 2026. Park City is in the Summit County, UT 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 $2,153. Among 9 ZIP codes in Summit County, 84060 has the 4th-highest two-bedroom rent (county range $1,970–$2,850). The median county two-bedroom FMR in Utah is $1,158, so ZIP 84060 is 84% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 84060
BedroomsFY 2027Change90–110% range
Studio$1,830+3.4%$1,647–$2,013
1BR$1,8800.0%$1,692–$2,068
2BR$2,130−2.3%$1,917–$2,343
3BR$2,860−3.1%$2,574–$3,146
4BR$3,560+2.3%$3,204–$3,916

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 84060
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,830$1,880$2,130$2,860$3,560
FY 2026$1,770$1,880$2,180$2,950$3,480
FY 2025$1,520$1,550$1,900$2,510$2,610
FY 2024area FMR$1,383$1,392$1,807$2,331$2,525
FY 2023area FMR$1,172$1,180$1,553$1,890$2,259

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

Two-bedroom rent in nearby Summit County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 84060
84017$1,970−7.5%
84024$1,970−7.5%
84033$1,970−7.5%
84036$1,970−7.5%
84055$2,770+30.0%
84060Current$2,130—
84061$2,020−5.2%
84068$2,150+0.9%
84098$2,850+33.8%

Questions about ZIP 84060 rents

How much will Section 8 pay for a two-bedroom in ZIP 84060?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $2,153, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,938 to $2,368 a month; under the ZIP-level Small Area FMR of $2,130 it would be $1,917 to $2,343. 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 84060 in?

ZIP 84060 is in the Summit County, UT non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $2,153.

How much did fair market rent change in ZIP 84060 for FY 2027?

The two-bedroom FMR fell 2.3%, from $2,180 in FY 2026 to $2,130 in FY 2027. Since FY 2025 it has risen 12.1%.

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 rentPark City, UT fair market rentUT statewide rentsWhat is SAFMR?Data sources