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RentData.org Logo Summit County Fair Market Rent FY 2015 Summit County, UT HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Summit County, UT :
$682 $749 $1,014 $1,406 $1,411
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Summit County are very high compared to the national average. This FMR area is more expensive than 94% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Summit County is $1,014 per month.

The previous year, rent for a two-bedroom home was $914 per month. This is a 10.94% increase year-over-year.

This FMR rate applies to Echo, UT, Peoa, UT, Henefer, UT, Oakley, UT, Kamas, UT, Park City, UT and other cities within the region. The Metro Code or CBSA code for this region is METRO41620N49043.

Additionally, This Fair Market Rent (FMR) area Summit County, UT HUD Metro FMR Area spans one county or city in Utah which is listed in the table below. Estimated population of Summit County, UT HUD Metro FMR Area FMR area is 36,324 people based on latest Census data.

Compared to the rest of Utah, the Summit County FMR area is more expensive than 100% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Summit County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Summit County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 730
1-BR 1-Bedroom $ 803
2-BR 2-Bedroom $ 1086
3-BR 3-Bedroom $ 1506
4-BR 4-Bedroom $ 1512
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

There is just one county (listed below) within the Summit County, UT HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Salt Lake City.

County / Region Est. Population
Summit County, UT Metro 36,324
Zip Codes in Summit County, UT HUD Metro FMR Area

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

84024, 84033, 84036, 84055, 84060, 84061, 84068 and 84098

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

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