Section 8 Fair Market Rent (FMR) for ZIP 05032 - 2027

Location: Windsor County, VT | Metro: Orange County, VT

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,540
1 Bedroom	$1,550
2 Bedrooms	$1,820
3 Bedrooms	$2,380
4 Bedrooms	$2,490
5 Bedrooms	$2,888
6 Bedrooms	$3,235
7 Bedrooms	$3,494
8 Bedrooms	$3,669

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

2,817

Median Household Income

$86,688

Housing Units

1,623

Renter Percentage

22.9%

Occupancy Rate

73.3%

Renter Occupied

272

ZIP code 05032, located in Vermont, is characterized by its rural charm and proximity to natural landscapes, making it a desirable location for those seeking a quieter lifestyle. The area offers a mix of residential properties, including both rental units and owner-occupied homes, catering to diverse demographics.

The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,670, providing landlords with a benchmark for setting competitive rental rates.
The average market rent for the area, based on Census American Community Survey (ACS) data, stands at $1,316, indicating that there is room for rental price increases to align with the FMR.
The median home value in ZIP 05032 is $358,530, reflecting the overall property values and suggesting potential appreciation in real estate investments.
Renters make up 22.9% of the population, showing a moderate demand for rental housing and opportunities for landlords to cater to this segment.
The median household income in the area is $86,688, which suggests a stable economic base and the ability of residents to afford higher rents or home purchases.

In summary, ZIP 05032 presents a balanced market for real estate investment, with a slight gap between the current market rent and the FMR, indicating potential for rental rate adjustments. The median home value and income levels suggest a stable and potentially appreciating market, while the renter share highlights a consistent demand for rental properties. Landlords and small-portfolio investors can leverage these insights to make informed decisions about their investments in the area.

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.