FY2027 Small Area FMR · Oakley, UT

ZIP 84055 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 84055 (Oakley, UT) is $2,770 a month, up 0.4% from FY2026. That is 29% above the Summit County, UT area-wide FMR of $2,153.

2-bedroom SAFMR$2,770per month ▲ 0.4%

Area-wide 2 BR FMR$2,153Summit County, UT

Rank in the area2ndof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,493

2 BR Small Area FMR$2,770

110% of SAFMR$3,047

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$2,380▲ 6.2%

1 BR$2,440▲ 2.5%

2 BR$2,770▲ 0.4%

3 BR$3,720▼ 0.5%

4 BR$4,630▲ 5.0%

FY2027 FY2026

Where 84055 sits in the Summit County, UT area

Of the 10 ZIP codes HUD lists for the area, 84055 has the 2nd highest two-bedroom Small Area FMR. Summit County, UT 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 $2,153 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,770 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$2,380	$2,142 – $2,618	$1,851	$2,240
1 bedroom	$2,440	$2,196 – $2,684	$1,899	$2,380
2 bedrooms	$2,770	$2,493 – $3,047	$2,153	$2,760
3 bedrooms	$3,720	$3,348 – $4,092	$2,890	$3,740
4 bedrooms	$4,630	$4,167 – $5,093	$3,599	$4,410

A household renting a two-bedroom home at the Small Area FMR of $2,770 needs about $110,800 a year to keep housing costs at 30% of income. The area median family income is $167,700 and the 80% low-income limit for four people is $106,800. ZIP code 84055 lies mainly in Summit County. See the Summit County, UT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
84036	Kamas	5.6 mi	$1,970
84061	Peoa	6.8 mi	$2,020
84032	Heber City	13.1 mi	$1,620
84017	Coalville	15.2 mi	$1,970
84060	Park City	15.8 mi	$2,130
84098	Park City	17.0 mi	$2,850

Questions

What is the Fair Market Rent for ZIP code 84055?

HUD's FY2027 Small Area Fair Market Rents for 84055 are $2,380 (studio), $2,440 (1 BR), $2,770 (2 BR), $3,720 (3 BR) and $4,630 (4 BR) a month.

What is the Section 8 payment standard in 84055?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 84055 that range is $2,493 to $3,047 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 84055?

The FY2026 income limits of the Summit County, UT area apply: median family income $167,700, low-income (80%) limit $106,800 for a family of four.