FY2027 Small Area FMR · Monticello, UT
ZIP 84535 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 84535 (Monticello, UT) is $1,350 a month, down 9.4% from FY2026. That is 30% above the San Juan County, UT area-wide FMR of $1,042.
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 84535 sits in the San Juan County, UT area
Of the 13 ZIP codes HUD lists for the area, 84535 has the 6th highest two-bedroom Small Area FMR. San Juan 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 $1,042 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,350 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $990 | $891 – $1,089 | $780 | $1,090 |
| 1 bedroom | $1,030 | $927 – $1,133 | $797 | $1,140 |
| 2 bedrooms | $1,350 | $1,215 – $1,485 | $1,042 | $1,490 |
| 3 bedrooms | $1,710 | $1,539 – $1,881 | $1,373 | $1,790 |
| 4 bedrooms | $1,960 | $1,764 – $2,156 | $1,573 | $2,120 |
A household renting a two-bedroom home at the Small Area FMR of $1,350 needs about $54,000 a year to keep housing costs at 30% of income. The area median family income is $76,000 and the 80% low-income limit for four people is $85,050. ZIP code 84535 lies mainly in San Juan County. See the San Juan County, UT county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 84535?
HUD's FY2027 Small Area Fair Market Rents for 84535 are $990 (studio), $1,030 (1 BR), $1,350 (2 BR), $1,710 (3 BR) and $1,960 (4 BR) a month.
What is the Section 8 payment standard in 84535?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 84535 that range is $1,215 to $1,485 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 84535?
The FY2026 income limits of the San Juan County, UT area apply: median family income $76,000, low-income (80%) limit $85,050 for a family of four.