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Salt Lake County/Sandy/84093

84093

ZIPSAFMR
Salt Lake County, UT
Zillow

ZIP Investment Score

38Below average

095130300
BRFMR
Eff. Rent
0 BR$1,640$1,310
1 BR$1,850$1,300
2 BR$2,210$1,770
3 BR$2,930$2,090
4 BR$3,340$2,740
5 BR$3,841Not available
6 BR$4,417Not available
7 BR$5,080Not available
8 BR$5,842Not available

Purchase Price Calculator

Maximum purchase price
$201,105

Cost breakdown

+Likely effective rent$1,770
HUD FMR$2,210
Market rentUsed$1,770
Est. payment standard (90%)$1,990
-Principal and interest-$1,017
Loan amount$160,884
Down payment$40,221
Rate6.50%
Term30 years
-Operating costs-$553
Property taxes-$201
Insurance-$175
Utilities$0
HOA$0
Management-$177
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,427(70.7% ROI)
Projected value
$216,568
Return breakdown
Property appreciation+$15,463
Loan principal paid down+$5,764
Rental cash flow+$7,200
5-year hold
+$48,706(121.1% ROI)
Projected value
$227,532
Return breakdown
Property appreciation+$26,427
Loan principal paid down+$10,279
Rental cash flow+$12,000
10-year hold
+$104,819(260.6% ROI)
Projected value
$257,431
Return breakdown
Property appreciation+$56,326
Loan principal paid down+$24,493
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.25
1 BR
1.42
2 BR
1.25
3 BR
1.40
4 BR
1.22
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 84093 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 84093 (Sandy, UT) is $2,210 a month. That is down 8.7% from $2,420 in FY 2026. Sandy 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, 84093 has the 2nd-highest two-bedroom rent (county range $1,580–$2,240). The median county two-bedroom FMR in Utah is $1,158, so ZIP 84093 is 91% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 84093
BedroomsFY 2027Change90–110% range
Studio$1,640−5.7%$1,476–$1,804
1BR$1,850−8.4%$1,665–$2,035
2BR$2,210−8.7%$1,989–$2,431
3BR$2,930−9.3%$2,637–$3,223
4BR$3,340−9.5%$3,006–$3,674

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 84093
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,640$1,850$2,210$2,930$3,340
FY 2026$1,740$2,020$2,420$3,230$3,690
FY 2025$1,740$2,030$2,440$3,280$3,730
FY 2024$1,600$1,910$2,290$3,090$3,500
FY 2023$1,580$1,890$2,260$3,100$3,470

Two-bedroom rent in nearby Salt Lake County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 84093
84084$1,800−18.6%
84088$1,650−25.3%
84090$1,620−26.7%
84091$1,620−26.7%
84092$2,240+1.4%
84093Current$2,210—
84094$1,940−12.2%
84095$1,930−12.7%
84096$2,010−9.0%
84101$1,580−28.5%
84102$1,620−26.7%
84103$1,680−24.0%

Questions about ZIP 84093 rents

How much will Section 8 pay for a two-bedroom in ZIP 84093?

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 $2,210 it would be $1,989 to $2,431. 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 84093 in?

ZIP 84093 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 84093 for FY 2027?

The two-bedroom FMR fell 8.7%, from $2,420 in FY 2026 to $2,210 in FY 2027. Since FY 2023 it has fallen 2.2%.

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