FY2027 Small Area FMR · Provo, UT

ZIP 84603 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 84603 (Provo, UT) is $1,370 a month, down 6.8% from FY2026. That is 1% above the Provo-Orem-Lehi, UT area-wide FMR of $1,363.

2-bedroom SAFMR$1,370per month ▼ 6.8%

Area-wide 2 BR FMR$1,363Provo-Orem-Lehi, UT

Rank in the area15thof 35 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,233

2 BR Small Area FMR$1,370

110% of SAFMR$1,507

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

Studio$1,190▼ 6.3%

1 BR$1,200▼ 5.5%

2 BR$1,370▼ 6.8%

3 BR$1,900▼ 6.9%

4 BR$2,290▼ 7.3%

FY2027 FY2026

Where 84603 sits in the Provo-Orem-Lehi, UT area

Of the 35 ZIP codes HUD lists for the area, 84603 has the 15th highest two-bedroom Small Area FMR. Provo-Orem-Lehi, 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 $1,363 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,370 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	$1,190	$1,071 – $1,309	$1,186	$1,270
1 bedroom	$1,200	$1,080 – $1,320	$1,192	$1,270
2 bedrooms	$1,370	$1,233 – $1,507	$1,363	$1,470
3 bedrooms	$1,900	$1,710 – $2,090	$1,887	$2,040
4 bedrooms	$2,290	$2,061 – $2,519	$2,278	$2,470

A household renting a two-bedroom home at the Small Area FMR of $1,370 needs about $54,800 a year to keep housing costs at 30% of income. The area median family income is $119,200 and the 80% low-income limit for four people is $95,350. ZIP code 84603 lies mainly in Utah County. See the Provo-Orem-Lehi, UT metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
84606	Provo	0.7 mi	$1,330
84601	Provo	4.1 mi	$1,320
84059	Orem	5.1 mi	$1,680
84660	Spanish Fork	6.8 mi	$1,320
84664	Mapleton	6.9 mi	$1,320
84097	Orem	7.4 mi	$1,350

Questions

What is the Fair Market Rent for ZIP code 84603?

HUD's FY2027 Small Area Fair Market Rents for 84603 are $1,190 (studio), $1,200 (1 BR), $1,370 (2 BR), $1,900 (3 BR) and $2,290 (4 BR) a month.

What is the Section 8 payment standard in 84603?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 84603 that range is $1,233 to $1,507 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 84603?

The FY2026 income limits of the Provo-Orem-Lehi, UT area apply: median family income $119,200, low-income (80%) limit $95,350 for a family of four.