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Salt Lake County/Riverton/84065

84065

ZIPSAFMR
Salt Lake County, UT
Zillow

ZIP Investment Score

50Below average

095130300
BRFMR
Eff. Rent
0 BR$1,380$1,330
1 BR$1,550$1,460
2 BR$1,850$1,750
3 BR$2,450$2,090
4 BR$2,790$2,710
5 BR$3,208Not available
6 BR$3,690Not available
7 BR$4,243Not available
8 BR$4,880Not available

Purchase Price Calculator

Maximum purchase price
$198,133

Cost breakdown

+Likely effective rent$1,750
HUD FMR$1,850
Market rentUsed$1,750
Est. payment standard (96%)$1,790
-Principal and interest-$1,002
Loan amount$158,506
Down payment$39,627
Rate6.50%
Term30 years
-Operating costs-$548
Property taxes-$198
Insurance-$175
Utilities$0
HOA$0
Management-$175
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,113(70.9% ROI)
Projected value
$213,367
Return breakdown
Property appreciation+$15,235
Loan principal paid down+$5,679
Rental cash flow+$7,200
5-year hold
+$48,163(121.5% ROI)
Projected value
$224,169
Return breakdown
Property appreciation+$26,036
Loan principal paid down+$10,127
Rental cash flow+$12,000
10-year hold
+$103,625(261.5% ROI)
Projected value
$253,627
Return breakdown
Property appreciation+$55,494
Loan principal paid down+$24,131
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.04
1 BR
1.06
2 BR
1.06
3 BR
1.17
4 BR
1.03
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 84065 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 84065 (Riverton, UT) is $1,850 a month. That is down 7.0% from $1,990 in FY 2026. Riverton is in the Salt Lake City, UT HUD Metro 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 metro-wide two-bedroom FMR of $1,615. Among 59 ZIP codes in Salt Lake County, 84065 is tied for the 11th-highest two-bedroom rent (county range $1,580–$2,240). The median county two-bedroom FMR in Utah is $1,158, so ZIP 84065 is 60% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 84065
BedroomsFY 2027Change90–110% range
Studio$1,380−3.5%$1,242–$1,518
1BR$1,550−6.6%$1,395–$1,705
2BR$1,850−7.0%$1,665–$2,035
3BR$2,450−7.9%$2,205–$2,695
4BR$2,790−8.2%$2,511–$3,069

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 84065
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,380$1,550$1,850$2,450$2,790
FY 2026$1,430$1,660$1,990$2,660$3,040
FY 2025$1,410$1,650$1,980$2,660$3,020
FY 2024$1,320$1,570$1,890$2,550$2,890
FY 2023$1,300$1,560$1,860$2,550$2,850

Two-bedroom rent in nearby Salt Lake County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 84065
84044$1,700−8.1%
84047$1,670−9.7%
84065Current$1,850—
84070$1,680−9.2%
84081$1,940+4.9%
84084$1,800−2.7%
84088$1,650−10.8%
84090$1,620−12.4%
84091$1,620−12.4%
84092$2,240+21.1%
84093$2,210+19.5%
84094$1,940+4.9%

Questions about ZIP 84065 rents

How much will Section 8 pay for a two-bedroom in ZIP 84065?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,615, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,454 to $1,777 a month; under the ZIP-level Small Area FMR of $1,850 it would be $1,665 to $2,035. 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 84065 in?

ZIP 84065 is in the Salt Lake City, UT HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,615.

How much did fair market rent change in ZIP 84065 for FY 2027?

The two-bedroom FMR fell 7.0%, from $1,990 in FY 2026 to $1,850 in FY 2027. Since FY 2023 it has fallen 0.5%.

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

County fair market rentRiverton, UT fair market rentUT statewide rentsWhat is SAFMR?Data sources