Section 8 Fair Market Rent (FMR) for ZIP 05060 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,050
1 Bedroom$1,240
2 Bedrooms$1,420
3 Bedrooms$1,810
4 Bedrooms$1,920
5 Bedrooms$2,227
6 Bedrooms$2,494
7 Bedrooms$2,694
8 Bedrooms$2,829

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
4,268
Median Household Income
$77,317
Housing Units
2,248
Renter Percentage
30.6%
Occupancy Rate
92.4%
Renter Occupied
636

The Fair Market Rent (FMR) for ZIP code 05060 in Vermont is set at $1,280 per month for the fiscal year 2026. This figure represents the payment standard for Section 8 housing assistance and is not the amount you will charge tenants as rent. It's the maximum amount the government will pay toward a tenant's rent under the Section 8 program.

To put this into context, the average rent for a two-bedroom apartment in ZIP 05060 is currently $1,054, according to the Census Bureau's American Community Survey. This suggests that the FMR is higher than the typical market rate, which could be beneficial for landlords participating in the Section 8 program.

In ZIP 05060, approximately 30.6% of households are renters. This indicates a significant demand for rental properties, especially those that qualify for Section 8 assistance. Given this percentage, there is a good chance that your property will attract interested tenants who need housing subsidies.

If you're considering purchasing a property in this area for a Section 8 rental, be aware that the median home value is around $329,721. This figure can help you estimate the initial investment required to acquire a suitable property for the program.

Before finalizing your decision to participate in Section 8, ensure that your property meets all the necessary inspection criteria. The Housing Quality Standards (HQS) inspection is mandatory, and failing it can delay or prevent your participation in the program. Verify that your property is up to code and ready for inspection to avoid any complications.

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.