JeffCroweCRE

Housing market/Utah/ZIP 84094

ACS 2023 · FY2027 SAFMR

ZIP 84094 Sandy, Utah

Salt Lake City, UT HUD Metro FMR Area · Utah. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
28,277
Households
9,545
Median HH income
$102,881
Renter share
23.2%
Median gross rent
$1,851
Vacancy
1.8%
Pop. change
-2.5%
2BR SAFMR
$1,940
SAFMR / rent
1.048×
2–49 unit stock
840
LIHTC proj / units
2 / 248
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 84094 · UT — sent to you.

ZIP 84094 · UT

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ACS rent vs 2BR SAFMR

ZIP 84094 — Sandy, UT HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,851
2BR SAFMR$1,940
90% floor$1,746
110% ceiling$2,134

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 84094

  • 1-unit detached7,51677.4%
  • 1-unit attached8889.1%
  • 2–4 units920.9%
  • 5–49 units7487.7%
  • 50+ units4464.6%
  • Mobile250.3%
TypeUnitsShare
1-unit detached7,51677.4%
1-unit attached8889.1%
2 units (duplex)110.1%
3–4 units810.8%
5–9 units2312.4%
10–19 units2712.8%
20–49 units2462.5%
50+ units4464.6%
Mobile250.3%

2–4 unit share 0.9% · 5–49 unit share 7.7% · combined 2–49 8.6%.

Units by bedrooms

Studio
288
1BR
290
2BR
964
3BR
2,658
4BR
2,950
5+
2,565

Rent burden

Rent ≥30% of income42.0%
Rent ≥50% of income18.8%
  • ACS median gross rent $1,851 (all bedrooms, occupied rentals).
  • Median contract rent $1,717.
  • Renters paying ≥30% of income 42.0%; ≥50% 18.8%.
  • FY2027 2BR SAFMR $1,940 (1.048× ACS median gross rent).

Population

28,277 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 2 projects, 248 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 4,434 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 84094 23.2% of occupied households are renters; vacancy is 1.8%; ACS median gross rent is $1,851; population changed -2.5% between the 2018 and 2023 ACS vintages; the housing stock includes 92 units in 2–4-unit structures and 748 units in 5–49-unit structures; 2 LIHTC projects totaling 248 units; FY2027 2BR SAFMR is $1,940 versus ACS median gross rent of $1,851. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Utah research

ZIP 84094 is a Census / HUD profile for Salt Lake City, UT. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 84094 — Sandy, UT HUD Section 8 Payment Standards / SAFMR·Utah ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
84006Salt Lake City, UT HUD Metro FMR Area45.4%$1,358$1,58084009Salt Lake City, UT HUD Metro FMR Area7.0%$1,857$2,12084020Salt Lake City, UT HUD Metro FMR Area28.3%$1,812$1,92084044Salt Lake City, UT HUD Metro FMR Area20.3%$1,623$1,70084047Salt Lake City, UT HUD Metro FMR Area55.5%$1,482$1,67084065Salt Lake City, UT HUD Metro FMR Area14.2%$1,783$1,85084070Salt Lake City, UT HUD Metro FMR Area41.5%$1,578$1,68084081Salt Lake City, UT HUD Metro FMR Area16.4%$1,787$1,94084084Salt Lake City, UT HUD Metro FMR Area27.0%$1,658$1,80084088Salt Lake City, UT HUD Metro FMR Area23.9%$1,554$1,65084090Salt Lake City, UT HUD Metro FMR Area——$1,62084091Salt Lake City, UT HUD Metro FMR Area——$1,620

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Utah research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 84094?

ZIP 84094 (Salt Lake City, UT HUD Metro FMR Area) has 28,277 residents, 9,545 households, a renter share of 23.2%, median household income of $102,881, and ACS 2023 median gross rent of $1,851. Vacancy is 1.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 84094?

ACS counts 11 units in 2-unit buildings, 81 in 3–4 unit buildings, 231 in 5–9, 271 in 10–19, and 246 in 20–49. Combined 2–49 unit stock is 840 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 84094?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,940. See the full schedule and 90–110% payment-standard band on the ZIP 84094 — Sandy, UT HUD Section 8 Payment Standards / SAFMR.

Does this Utah ZIP profile include Georgia listings?

No. ZIP 84094 is Census / HUD research for Salt Lake City, UT HUD Metro FMR Area. Jeff Crowe CRE does not list Utah property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.