FMR is below market; voucher rent may lag private rents.
0.87
1 BR
1 BR
0.83ratio
FMR$1,900
Market$2,280
vs market-$380
FMR is below market; voucher rent may lag private rents.
0.83
2 BR
2 BR
0.67ratio
FMR$2,150
Market$3,220
vs market-$1,070
FMR is below market; voucher rent may lag private rents.
0.67
3 BR
3 BR
0.72ratio
FMR$2,890
Market$3,990
vs market-$1,100
FMR is below market; voucher rent may lag private rents.
0.72
4 BR
4 BR
0.58ratio
FMR$3,590
Market$6,150
vs market-$2,560
FMR is below market; voucher rent may lag private rents.
0.58
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
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ZIP 84068 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 84068 (Park City, UT) is $2,150 a month. That is down 1.8% from $2,190 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, 84068 has the 3rd-highest two-bedroom rent (county range $1,970–$2,850). The median county two-bedroom FMR in Utah is $1,158, so ZIP 84068 is 86% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 84068
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,780
$1,850
+3.9%
$1,665–$2,035
1BR
$1,890
$1,900
+0.5%
$1,710–$2,090
2BR
$2,190
$2,150
−1.8%
$1,935–$2,365
3BR
$2,960
$2,890
−2.4%
$2,601–$3,179
4BR
$3,500
$3,590
+2.6%
$3,231–$3,949
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 84068
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,850
$1,900
$2,150
$2,890
$3,590
FY 2026
$1,780
$1,890
$2,190
$2,960
$3,500
FY 2025
$1,450
$1,470
$1,810
$2,390
$2,490
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
How much will Section 8 pay for a two-bedroom in ZIP 84068?
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 $2,150 it would be $1,935 to $2,365. 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 84068 in?
ZIP 84068 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 84068 for FY 2027?
The two-bedroom FMR fell 1.8%, from $2,190 in FY 2026 to $2,150 in FY 2027. Since FY 2025 it has risen 18.8%.
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