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 |
The investment landscape in ZIP code 05054, located in an area of Vermont referred to as Unknown, presents several challenges for first-time Section 8 landlords. One significant issue is tenant turnover, which can be particularly problematic when comparing the market rent, currently unavailable, to the Fair Market Rent (FMR) of $1,360 per month for fiscal year 2026, as set by the U.S. Department of Housing and Urban Development (HUD). This discrepancy can lead to difficulties in attracting and retaining tenants who qualify for Section 8 vouchers.
Vacancy exposure is another critical risk factor. The days on market (DOM) data for the area is not available, making it challenging to predict how long a property might remain vacant between tenants. A prolonged vacancy period can significantly impact cash flow and profitability.
Deferred maintenance is also a concern. With no specific data on the typical home value or median income for ZIP 05054, landlords must be prepared for potential maintenance issues that could arise from properties occupied by lower-income households. These issues can range from minor repairs to major structural concerns, all of which require financial resources to address.
However, these risks are somewhat mitigated by the high concentration of renters in the area. Although the exact percentage of renter share is not specified, areas with a high proportion of renters often see higher demand for Section 8 vouchers. This increased demand can help landlords fill vacancies more quickly and maintain steady rental income.
Verdict: Moderate risk for a first-time Section 8 landlord in ZIP 05054, given the uncertainties around market rent and days on market, but balanced by the potential for high voucher demand due to a dense renter population.
Data Sources: FMR data from HUD (2027).
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.