Section 8 Fair Market Rent (FMR) for ZIP 05035 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,610
1 Bedroom$1,620
2 Bedrooms$1,900
3 Bedrooms$2,480
4 Bedrooms$2,600
5 Bedrooms$3,016
6 Bedrooms$3,378
7 Bedrooms$3,648
8 Bedrooms$3,830

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
772
Median Household Income
$70,670
Housing Units
546
Renter Percentage
5.8%
Occupancy Rate
66.5%
Renter Occupied
21

ZIP 05035, located in Windsor County, VT metro, presents a compelling opportunity for inclusion in a Section 8 portfolio strategy, particularly as a cash-flow anchor. The Federal Market Rent (FMR) for the area is set at $1,680 for fiscal year 2026, which exceeds the current market rent of $1,325 by a significant margin. This $355 spread provides a strong buffer against potential rent shortfalls, ensuring that landlords receive above-market rents for their properties. Additionally, the median home value of $409,289 suggests a stable housing market, reducing the risk of property devaluation.

The high FMR compared to market rent means that landlords can secure a reliable source of income through Section 8 vouchers, even if there are fluctuations in the local rental market. This makes ZIP 05035 an attractive option for those looking to stabilize their cash flow with a dependable revenue stream. While the ZIP does not offer significant appreciation potential due to the lack of data on price-cut shares and days on market (DOM), the stability provided by the Section 8 program and the positive cash flow spread make it a valuable addition to any investor's portfolio.

The 5.8% renter share indicates that a majority of the residents in ZIP 05035 prefer homeownership, which aligns with the higher median home value. However, this also means that there is a niche market for rental properties, especially those participating in the Section 8 program. With a median income of $70,670, many residents may find themselves eligible for the Section 8 voucher program, providing a steady pool of tenants who can afford the higher FMR rates.

In summary, ZIP 05035 is best suited as a cash-flow anchor within a Section 8 portfolio strategy. Its high FMR relative to market rent ensures a positive spread, while the stable housing market and presence of eligible Section 8 tenants provide long-term security and predictability for landlords and small-portfolio investors.

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.