Location: Windsor County, VT | Metro: Orange County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,530 |
| 1 Bedroom | $1,540 |
| 2 Bedrooms | $1,800 |
| 3 Bedrooms | $2,350 |
| 4 Bedrooms | $2,460 |
| 5 Bedrooms | $2,854 |
| 6 Bedrooms | $3,196 |
| 7 Bedrooms | $3,452 |
| 8 Bedrooms | $3,625 |
U.S. Census Bureau data (2024)
In ZIP code 05065 of Vermont, there are several factors that could pose challenges for a landlord considering Section 8 investments. Tenant turnover is a significant concern, as the market rent stands at $1,425, while the Fair Market Rent (FMR) for FY 2026 is set at $1,380. This gap suggests that landlords may face higher tenant churn rates, as the subsidized rents do not fully align with the local market conditions.
Vacancy exposure is another risk, as the Days on Market (DOM) data is currently unavailable. This lack of information makes it difficult to predict how long properties might remain vacant between tenants, which can significantly impact cash flow.
The deferred-maintenance exposure is also notable. With a typical home value of $378,121 and a median income of $86,042, landlords should be prepared for potential maintenance issues. Tenants who receive Section 8 vouchers might have limited funds available for property upkeep beyond their monthly rent obligations. This situation could lead to increased maintenance costs and delays in addressing needed repairs.
However, these risks must be weighed against the substantial 22.1% renter share in the area. High renter density often correlates with a greater demand for rental properties, including those that accept Section 8 vouchers. This high percentage of renters indicates a robust market for subsidized housing, potentially mitigating some of the financial risks associated with tenant turnover and vacancy periods.
A final consideration is the competitive landscape. The presence of many renters suggests a competitive environment where landlords who offer well-maintained properties with amenities may attract tenants more effectively. While the initial setup for Section 8 participation can be complex, the ongoing demand for affordable housing in this ZIP code provides a stable long-term outlook.
Verdict: Moderate risk for a first-time Section 8 landlord.
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.