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Section 8 rent in Lincoln County, WY

FY2025 HUD Small Area Fair Market Rents for the Lincoln County, WY, covering 17 ZIP codes.

$1,092Avg 2BR FMR / mo
$1,201Avg 2BR at 110% Standard
17ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$710$831$1,100$914
1 Bedroom$710$834$1,110$917
2 Bedrooms$930$1,092$1,440$1,201
3 Bedrooms$1,310$1,534$2,020$1,688
4 Bedrooms$1,540$1,838$2,420$2,022

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$2,184$26,208
Triplex3 × 2BR$3,276$39,312
Fourplex4 × 2BR$4,368$52,416
Fourplex4 × 3BR$6,136$73,632

Gross scheduled rent before vacancy, maintenance and management. Run any Wyoming multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 15 of 17 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
83120 $1,110 $1,440 $2,020 $2,420
83114 $1,070 $1,400 $1,960 $2,350
83128 $1,070 $1,400 $1,960 $2,350
83118 $1,050 $1,370 $1,920 $2,300
83127 $940 $1,240 $1,740 $2,080
83112 $870 $1,150 $1,620 $1,930
83111 $840 $1,110 $1,560 $1,870
83122 $810 $1,070 $1,500 $1,790
83113 $730 $940 $1,320 $1,560
83101 $710 $930 $1,310 $1,580
83110 $710 $930 $1,310 $1,580
83116 $710 $930 $1,310 $1,580
83119 $710 $930 $1,310 $1,580
83121 $710 $930 $1,310 $1,580
83123 $710 $930 $1,310 $1,540

Quick cash flow check

Free Tool

Estimate monthly cash flow renting to Section 8 at this market's average fair market rent.

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30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

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Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Lincoln County, WY?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Lincoln County, WY is $1,092 per month, ranging from $930 to $1,440 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $1,201.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Lincoln County, WY, 2-bedroom SAFMRs run from $930 to $1,440 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in Wyoming?
RealG searches live listings across Wyoming, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

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