Location: Windsor County, VT | Metro: Windsor County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,190 |
| 1 Bedroom | $1,220 |
| 2 Bedrooms | $1,460 |
| 3 Bedrooms | $1,930 |
| 4 Bedrooms | $2,050 |
| 5 Bedrooms | $2,378 |
| 6 Bedrooms | $2,663 |
| 7 Bedrooms | $2,876 |
| 8 Bedrooms | $3,020 |
U.S. Census Bureau data (2024)
The Section 8 analysis for ZIP code 05030 in Vermont focuses on the discrepancy between the Fair Market Rent (FMR) and the actual market rent. The FMR for the metro area in fiscal year 2026 is set at $1,360. However, the market rent data is currently unavailable, which complicates a direct comparison. In the absence of market rent data, it's important to understand the implications of the FMR figure.
Given that ZIP 05030 has a rental population of 0.0%, indicating a predominantly owner-occupied area, the reliance on market rent data becomes even more critical. Without specific market rent numbers, we cannot calculate the exact dollar and percentage gap between FMR and market rents. But we can infer that in an area where owner-occupation is high, the introduction of Section 8 tenants could significantly alter the local rental landscape.
If the FMR of $1,360 were to exceed the market rent, landlords would find themselves in a position to potentially increase their yields by participating in the Section 8 program. This scenario would make the ZIP code attractive for voucher tenants, as it suggests the possibility of renting properties at rates higher than what might be available in the open market. For small-portfolio investors, this could mean a chance to secure steady rental income without the volatility often associated with market-rate rentals.
Conversely, if the FMR were to fall below the market rent, landlords would face the decision of either accepting lower rents through the Section 8 program or maintaining market rates. Accepting Section 8 tenants at below-market rates would reduce the landlord's income potential, making it a less favorable option unless the stability of guaranteed payments outweighs the short-term financial loss.
The lack of median home value and median income data for ZIP 05030 further underscores the need for caution when considering the impact of Section 8 on property investments. While the FMR provides a benchmark, the overall economic context of the area remains unclear, which is crucial for understanding how well the FMR aligns with local economic realities.
In summary, the viability of Section 8 participation in ZIP 05030 depends heavily on the relationship between the FMR and the actual market rents. Landlords and investors must carefully consider these factors to determine whether the program offers a net benefit or poses a financial risk.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.