FY2027 Small Area FMR · Thompson, UT
ZIP 84540 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 84540 (Thompson, UT) is $1,480 a month, down 5.1% from FY2026. That is 0% equal to the Grand County, UT area-wide FMR of $1,475.
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 84540 sits in the Grand County, UT area
Of the 4 ZIP codes HUD lists for the area, 84540 has the 1st highest two-bedroom Small Area FMR. Grand 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 $1,475 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,480 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,110 | $999 – $1,221 | $1,104 | $1,140 |
| 1 bedroom | $1,180 | $1,062 – $1,298 | $1,173 | $1,300 |
| 2 bedrooms | $1,480 | $1,332 – $1,628 | $1,475 | $1,560 |
| 3 bedrooms | $2,050 | $1,845 – $2,255 | $2,042 | $2,120 |
| 4 bedrooms | $2,470 | $2,223 – $2,717 | $2,465 | $2,620 |
A household renting a two-bedroom home at the Small Area FMR of $1,480 needs about $59,200 a year to keep housing costs at 30% of income. The area median family income is $102,900 and the 80% low-income limit for four people is $85,050. ZIP code 84540 lies mainly in Grand County. See the Grand 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 84540?
HUD's FY2027 Small Area Fair Market Rents for 84540 are $1,110 (studio), $1,180 (1 BR), $1,480 (2 BR), $2,050 (3 BR) and $2,470 (4 BR) a month.
What is the Section 8 payment standard in 84540?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 84540 that range is $1,332 to $1,628 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 84540?
The FY2026 income limits of the Grand County, UT area apply: median family income $102,900, low-income (80%) limit $85,050 for a family of four.