FY2027 Small Area FMR · Grace, ID
ZIP 83241 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 83241 (Grace, ID) is $1,290 a month, up 8.4% from FY2026. That is 2% above the Logan, UT-ID area-wide FMR of $1,265.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 83241 sits in the Logan, UT-ID area
Of the 27 ZIP codes HUD lists for the area, 83241 has the 12th highest two-bedroom Small Area FMR. Logan, UT-ID is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,265 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,290 for this ZIP code instead.
ZIP code 83241 crosses more than one HUD area. HUD also lists it under Caribou County, ID (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,140 | $1,026 – $1,254 | $961 | $930 |
| 1 bedroom | $1,140 | $1,026 – $1,254 | $967 | $930 |
| 2 bedrooms | $1,290 | $1,161 – $1,419 | $1,265 | $1,190 |
| 3 bedrooms | $1,790 | $1,611 – $1,969 | $1,752 | $1,660 |
| 4 bedrooms | $2,160 | $1,944 – $2,376 | $2,104 | $2,000 |
A household renting a two-bedroom home at the Small Area FMR of $1,290 needs about $51,600 a year to keep housing costs at 30% of income. The area median family income is $99,100 and the 80% low-income limit for four people is $85,050. ZIP code 83241 lies mainly in Caribou County and Franklin County. See the Logan, UT-ID metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 83241?
HUD's FY2027 Small Area Fair Market Rents for 83241 are $1,140 (studio), $1,140 (1 BR), $1,290 (2 BR), $1,790 (3 BR) and $2,160 (4 BR) a month.
What is the Section 8 payment standard in 83241?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 83241 that range is $1,161 to $1,419 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 83241?
The FY2026 income limits of the Logan, UT-ID area apply: median family income $99,100, low-income (80%) limit $85,050 for a family of four.