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2025 FMR And Section 8 Rents For Casper WY

Section 8 is a federal program that guarantees monthly rent payments to landlords. The U.S. Department of Housing and Urban Development (HUD) publishes Fair Market Rents, which are 40th percentile averages of local rents, to determine their standard payment amount.

Use our Section 8 rents table to find the best market for Section 8 investment. See Section 8 rents in each zip code of casper, WY.

Typically, the government guarantees 70% of the rent payment, and the tenant pays the remaining 30%. Section 8 tenants typically stay in their units 6-7x longer than regular tenants.

Zip CodeStudio1 Bed2 Bed3 Bed4 Bed
13425$759$893$1070$1508$1790
13441$880$1040$1240$1750$2070
13435$780$920$1100$1550$1840
13437$760$893$1070$1510$1790
13456$920$1090$1300$1830$2170
13454$759$893$1070$1508$1790
13436$760$893$1070$1510$1790
13450$760$893$1070$1510$1790
13440$920$1090$1300$1830$2170
13431$920$1090$1300$1830$2170
13452$759$893$1070$1508$1790
13438$759$893$1070$1508$1790
13439$759$893$1070$1508$1790
13433$760$893$1070$1510$1790
13459$760$893$1070$1510$1790
13428$760$893$1070$1510$1790

Zip Code:

13425

Studio Rent:

$759

1 Bedroom Rent:

$893

2 Bedroom Rent:

$1070

3 Bedroom Rent:

$1508

4 Bedroom Rent:

$1790

Zip Code:

13441

Studio Rent:

$880

1 Bedroom Rent:

$1040

2 Bedroom Rent:

$1240

3 Bedroom Rent:

$1750

4 Bedroom Rent:

$2070

Zip Code:

13435

Studio Rent:

$780

1 Bedroom Rent:

$920

2 Bedroom Rent:

$1100

3 Bedroom Rent:

$1550

4 Bedroom Rent:

$1840

Zip Code:

13437

Studio Rent:

$760

1 Bedroom Rent:

$893

2 Bedroom Rent:

$1070

3 Bedroom Rent:

$1510

4 Bedroom Rent:

$1790

Zip Code:

13456

Studio Rent:

$920

1 Bedroom Rent:

$1090

2 Bedroom Rent:

$1300

3 Bedroom Rent:

$1830

4 Bedroom Rent:

$2170

Zip Code:

13454

Studio Rent:

$759

1 Bedroom Rent:

$893

2 Bedroom Rent:

$1070

3 Bedroom Rent:

$1508

4 Bedroom Rent:

$1790

Zip Code:

13436

Studio Rent:

$760

1 Bedroom Rent:

$893

2 Bedroom Rent:

$1070

3 Bedroom Rent:

$1510

4 Bedroom Rent:

$1790

Zip Code:

13450

Studio Rent:

$760

1 Bedroom Rent:

$893

2 Bedroom Rent:

$1070

3 Bedroom Rent:

$1510

4 Bedroom Rent:

$1790

Zip Code:

13440

Studio Rent:

$920

1 Bedroom Rent:

$1090

2 Bedroom Rent:

$1300

3 Bedroom Rent:

$1830

4 Bedroom Rent:

$2170

Zip Code:

13431

Studio Rent:

$920

1 Bedroom Rent:

$1090

2 Bedroom Rent:

$1300

3 Bedroom Rent:

$1830

4 Bedroom Rent:

$2170

Zip Code:

13452

Studio Rent:

$759

1 Bedroom Rent:

$893

2 Bedroom Rent:

$1070

3 Bedroom Rent:

$1508

4 Bedroom Rent:

$1790

Zip Code:

13438

Studio Rent:

$759

1 Bedroom Rent:

$893

2 Bedroom Rent:

$1070

3 Bedroom Rent:

$1508

4 Bedroom Rent:

$1790

Zip Code:

13439

Studio Rent:

$759

1 Bedroom Rent:

$893

2 Bedroom Rent:

$1070

3 Bedroom Rent:

$1508

4 Bedroom Rent:

$1790

Zip Code:

13433

Studio Rent:

$760

1 Bedroom Rent:

$893

2 Bedroom Rent:

$1070

3 Bedroom Rent:

$1510

4 Bedroom Rent:

$1790

Zip Code:

13459

Studio Rent:

$760

1 Bedroom Rent:

$893

2 Bedroom Rent:

$1070

3 Bedroom Rent:

$1510

4 Bedroom Rent:

$1790

Zip Code:

13428

Studio Rent:

$760

1 Bedroom Rent:

$893

2 Bedroom Rent:

$1070

3 Bedroom Rent:

$1510

4 Bedroom Rent:

$1790

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Frequently Asked Section 8 Investing Questions

Fair Market Rent (FMR): HUD sets FMR by bedroom size for each area.

Payment Standard: The local PHA sets this between 90–110% of the FMR. It's the max PHA assistance.

Gross Rent: Contract rent (charged by landlord) + utility allowance (estimated tenant utility costs). Must fit payment standard limits.

Housing Assistance Payment (HAP):

The PHA pays the lower of:

  • Payment standard - Tenant's Total Tenant Payment (TTP).
  • Gross rent - TTP.

Example:

  • Payment standard: $1,500
  • Contract rent: $1,400
  • Utility allowance: $100
  • Tenant's TTP: $400
  • Gross rent: $1,500 ($1,400 + $100).
  • HAP: $1,100 (lower of $1,500 - $400 or $1,500 - $400).

Landlord receives $1,100 (PHA) + $400 (tenant) = $1,500 total.