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Affordable Housing In Fayette
Sanpete County, Utah

Guide To Affordable Housing in Fayette, Utah

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Fayette, Utah.

Income Based Apartments in Fayette, Utah

Fayette features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Fayette, Utah

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fayette.

Housing Choice Vouchers in Fayette, Utah

On average, Section 8 Housing Choice vouchers pay Fayette landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Fayette.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fayette, Utah for a two-bedroom apartment is between $683 and $835.

2021 Fayette, Utah Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fayette, Utah Fair Market Rent $537 $576 $759 $944 $1,062
Fayette, Utah Payment Standard Range $483 to $591 $518 to $634 $683 to $835 $850 to $1,038 $956 to $1,168

Sourced from federal housing data and AffordableHousingOnline.com research.

Fayette, UT Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 2.27%
Average Renter Household Size 3.00
Average Household Size 3.73
Median Household Income $73,000 ±$14,289
Median Rent $0 ±$0
Percentage Of Renters Overburdened 0% ± 1100pp
Total Population 328

Population and Household Demographics

Fayette is a city in Sanpete County, Utah with a population of 328. There are 88 households in the city with an average household size of 3.73 persons. 2.27% of households in Fayette are renters.

Income and Rent Overburden in Fayette

The median gross income for households in Fayette is $73,000 a year, or $6,083 a month. The median rent for the city is $0 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fayette, a household making less than $0 a month would be considered overburdened when renting an apartment at or above the median rent. 0% of households who rent are overburdened in Fayette.

Area Median Income In Fayette

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Fayette, the AMI is calculated from all households within Sanpete County.

In Fayette, HUD calculates the Area Median Income for a family of four as $63,200

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Fayette

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Fayette

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Fayette AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,600 $17,800 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Fayette AMI may qualify for rental assistance programs that target Very Low Income households.
$25,950 $29,650 $33,350 $37,050 $40,050 $43,000 $45,950 $48,950
80% AMI Income Limits
Renters earning up to 80% of the Fayette AMI may qualify for rental assistance programs that target Low Income households.
$41,550 $47,450 $53,400 $59,300 $64,050 $68,800 $73,550 $78,300