FY2027 Small Area FMR · Salt Lake City, UT

ZIP 84121 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 84121 (Salt Lake City, UT) is $1,850 a month, down 8.4% from FY2026. That is 15% above the Salt Lake City, UT area-wide FMR of $1,615.

2-bedroom SAFMR$1,850per month ▼ 8.4%

Area-wide 2 BR FMR$1,615Salt Lake City, UT

Rank in the area11thof 59 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,665

2 BR Small Area FMR$1,850

110% of SAFMR$2,035

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

Studio$1,380▼ 5.5%

1 BR$1,550▼ 7.7%

2 BR$1,850▼ 8.4%

3 BR$2,450▼ 9.3%

4 BR$2,790▼ 9.4%

FY2027 FY2026

Where 84121 sits in the Salt Lake City, UT area

Of the 59 ZIP codes HUD lists for the area, 84121 has the 11th highest two-bedroom Small Area FMR. Salt Lake City, 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 $1,615 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,850 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	$1,380	$1,242 – $1,518	$1,202	$1,460
1 bedroom	$1,550	$1,395 – $1,705	$1,349	$1,680
2 bedrooms	$1,850	$1,665 – $2,035	$1,615	$2,020
3 bedrooms	$2,450	$2,205 – $2,695	$2,143	$2,700
4 bedrooms	$2,790	$2,511 – $3,069	$2,439	$3,080

A household renting a two-bedroom home at the Small Area FMR of $1,850 needs about $74,000 a year to keep housing costs at 30% of income. The area median family income is $126,100 and the 80% low-income limit for four people is $100,900. ZIP code 84121 lies mainly in Salt Lake County. See the Salt Lake City, UT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
84092	Sandy	4.7 mi	$2,240
84109	Salt Lake City	6.2 mi	$1,770
84093	Sandy	7.6 mi	$2,210
84124	Salt Lake City	7.8 mi	$1,580
84004	Alpine	8.2 mi	$1,720
84117	Salt Lake City	8.3 mi	$1,750

Questions

What is the Fair Market Rent for ZIP code 84121?

HUD's FY2027 Small Area Fair Market Rents for 84121 are $1,380 (studio), $1,550 (1 BR), $1,850 (2 BR), $2,450 (3 BR) and $2,790 (4 BR) a month.

What is the Section 8 payment standard in 84121?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 84121 that range is $1,665 to $2,035 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 84121?

The FY2026 income limits of the Salt Lake City, UT area apply: median family income $126,100, low-income (80%) limit $100,900 for a family of four.