Location: Orange County, VT | Metro: Orange County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,100 |
| 1 Bedroom | $1,380 |
| 2 Bedrooms | $1,580 |
| 3 Bedrooms | $2,020 |
| 4 Bedrooms | $2,140 |
| 5 Bedrooms | $2,482 |
| 6 Bedrooms | $2,780 |
| 7 Bedrooms | $3,002 |
| 8 Bedrooms | $3,152 |
U.S. Census Bureau data (2024)
The ZIP code 05041, located within the Orange County, VT metro area, presents a unique profile when compared to typical ZIP codes in the same county. The Fair Market Rent (FMR) for ZIP 05041 is set at $1,430 for fiscal year 2026, which is higher than the market rent of $1,133. This indicates that while government subsidies may be generous, the private rental market is somewhat less expensive.
A key point of interest is the 52.6% renter share in ZIP 05041. This percentage is notably high, suggesting a strong demand for rental properties. However, the absence of data on home values makes it challenging to definitively categorize 05041 as a value pocket, a mid-tier neighborhood, or a premium sub-market within the Orange County, VT metro area.
Despite the lack of home value information, the discrepancy between the FMR and the market rent, combined with the high renter share, suggests that ZIP 05041 could be particularly attractive for landlords participating in the Section 8 program. The higher subsidy rates can offset lower market rents, making it a financially viable option for those seeking stable rental income.
To accurately determine if 05041 is a value pocket or a premium sub-market, further analysis would be required, focusing on additional metrics such as vacancy rates, property taxes, and local economic indicators. However, based on the available data, ZIP 05041 appears to be a neighborhood where landlords can benefit from a robust rental demand and potentially favorable subsidy rates.
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.