Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 84533 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 84533 (Lake Powell, UT) is $1,500 a month. That is up 18.1% from $1,270 in FY 2026. Lake Powell is in the San Juan 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 $1,042. Among 10 ZIP codes in San Juan County, 84533 has the highest two-bedroom rent (county range $1,030–$1,500). The median county two-bedroom FMR in Utah is $1,158, so ZIP 84533 is 30% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 84533
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$900
$1,100
+22.2%
$990–$1,210
1BR
$970
$1,140
+17.5%
$1,026–$1,254
2BR
$1,270
$1,500
+18.1%
$1,350–$1,650
3BR
$1,520
$1,800
+18.4%
$1,620–$1,980
4BR
$1,680
$2,510
+49.4%
$2,259–$2,761
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 84533
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,100
$1,140
$1,500
$1,800
$2,510
FY 2026
$900
$970
$1,270
$1,520
$1,680
FY 2025
$830
$930
$1,220
$1,480
$1,620
FY 2024area FMR
$663
$788
$972
$1,175
$1,649
FY 2023area FMR
$683
$731
$826
$1,005
$1,407
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby San Juan County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 84533?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,042, which applies unless the housing authority uses Small Area FMRs, that basic range is $938 to $1,146 a month; under the ZIP-level Small Area FMR of $1,500 it would be $1,350 to $1,650. 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 84533 in?
ZIP 84533 is in the San Juan County, UT non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,042.
How much did fair market rent change in ZIP 84533 for FY 2027?
The two-bedroom FMR rose 18.1%, from $1,270 in FY 2026 to $1,500 in FY 2027. Since FY 2025 it has risen 23.0%.
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