HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Summit County, Utah (FY 2027)
$2,153 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Summit County, and it's the baseline every voucher in Summit is measured against.
Two-bedroom FMR
$2,153
-1.5% from FY 2026
Payment standard
$1,938–$2,368
90% to 110% of the FMR, two-bedroom
Income to afford
$86,120
a year, with rent at 30% of income
Rank in Utah
1st of 29
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $1,851 | $1,666–$2,036 | $74,040 | $35.60/hr | +4.5% |
| 1 bedroom | $1,899 | $1,709–$2,089 | $75,960 | $36.52/hr | +0.6% |
| 2 bedroom | $2,153 | $1,938–$2,368 | $86,120 | $41.40/hr | -1.5% |
| 3 bedroom | $2,890 | $2,601–$3,179 | $115,600 | $55.58/hr | -2.3% |
| 4 bedroom | $3,599 | $3,239–$3,959 | $143,960 | $69.21/hr | +3.1% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $4,139 | $3,725–$4,553 |
| 6 bedroom Estimate | $4,679 | $4,211–$5,147 |
| 7 bedroom Estimate | $5,219 | $4,697–$5,741 |
| 8 bedroom Estimate | $5,758 | $5,182–$6,334 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Summit actually rent for?
Search any address in Summit for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Summit somewhere between $1,938 and $2,368. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$2,153 a month is affordable, by HUD's 30% rule, on an income of roughly $86,120 a year. Put another way, $41 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,938 | Voucher pays at 100%$2,153 | Voucher pays at 110%$2,368 |
|---|---|---|---|---|
| $2,500 | $750 | $1,188 | $1,403 | $1,618 |
| $4,000 | $1,200 | $738 | $953 | $1,168 |
Rate history
The two-bedroom rate went down 1% from FY 2026 ($2,185) to FY 2027 ($2,153). Since FY 2020 it's up 71% in total, about 8.0% a year. The Utah median moved down 2% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $818 | $981 | $1,256 | $1,565 | $2,205 | — |
| FY 2021 | $872 | $1,002 | $1,321 | $1,643 | $2,216 | +5.2% |
| FY 2022 | $1,027 | $1,070 | $1,408 | $1,740 | $2,210 | +6.6% |
| FY 2023 | $1,172 | $1,180 | $1,553 | $1,890 | $2,259 | +10.3% |
| FY 2024 | $1,383 | $1,392 | $1,807 | $2,331 | $2,525 | +16.4% |
| FY 2025 | $1,446 | $1,472 | $1,808 | $2,391 | $2,487 | +0.1% |
| FY 2026 | $1,771 | $1,887 | $2,185 | $2,958 | $3,492 | +20.9% |
| FY 2027In effect | $1,851 | $1,899 | $2,153 | $2,890 | $3,599 | -1.5% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Summit, that runs from $1,851 for a studio up to $3,599 for four bedrooms, all five rates in the table above.
Because Summit sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Park City included.
Among Utah's 29 counties, Summit ranks 1st for two-bedroom FMR. That's about 86% above the state median of $1,158 and about 103% above the national median county at $1,063. About 42,970 people live here, 10th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,970 in 84017 (Coalville) and $2,850 in 84098 (Park City), with the 9 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
Nearby counties
Two-bedroom FMR, with how each compares to Summit.
Wasatch County
22 mi · 36,642 people
$1,715
-20%
Morgan County
23 mi · 12,802 people
$1,591
-26%
Salt Lake County
27 mi · 1,196,523 people
$1,615
-25%
Davis County
33 mi · 370,924 people
$1,591
-26%
Utah County
41 mi · 705,400 people
$1,363
-37%
Weber County
43 mi · 269,648 people
$1,591
-26%
Duchesne County
62 mi · 20,185 people
$1,097
-49%
Rich County
66 mi · 2,631 people
$1,158
-46%
Questions people ask
$2,153 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,851 for a studio, $1,899 for one bedroom, $2,890 for three and $3,599 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Summit actually go for?
HUD's number is one input. Search any address in Summit for a rent estimate built from nearby comps. Free to start, no card.
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