Location: Orange County, VT | Metro: Orange County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,300 |
| 1 Bedroom | $1,450 |
| 2 Bedrooms | $1,700 |
| 3 Bedrooms | $2,190 |
| 4 Bedrooms | $2,340 |
| 5 Bedrooms | $2,714 |
| 6 Bedrooms | $3,040 |
| 7 Bedrooms | $3,283 |
| 8 Bedrooms | $3,447 |
U.S. Census Bureau data (2024)
The ZIP code 05075, located within the Orange County, VT metro area, presents a unique profile when compared against typical ZIP codes in the same county. Its Fair Market Rent (FMR) stands at $1,880 for the fiscal year 2026, which is notably higher than the market rent figure of $1,168. This suggests that the ZIP code is positioned above the average market rent, potentially indicating a higher cost for rental properties due to Section 8 subsidies.
The median home value in ZIP 05075 is $404,738, which is consistent with other ZIP codes in Orange County, VT, suggesting that it does not stand out as a particularly expensive or inexpensive housing market based on property values alone. However, the renter share in this ZIP code is 14.5%, slightly higher than the typical share seen in the county. This higher proportion of renters can be indicative of a greater demand for affordable housing options, including those supported by Section 8 programs.
When analyzing these figures, ZIP 05075 appears to be a mid-tier neighborhood within the Orange County, VT metro. The FMR being significantly higher than the market rent points to an area where landlords might benefit from participating in Section 8 due to the subsidy covering a larger portion of the rent. However, the median home value does not suggest an unusually high or low market, keeping it in line with general expectations for the county.
A key observation is the divergence between the relatively high FMR and the below-average market rent, along with a higher-than-typical renter share. This combination can signal a Section 8 sweet spot, where landlords could attract tenants who benefit from government subsidies, thereby stabilizing occupancy rates and ensuring a steady income stream. It's worth noting that while this ZIP code does not appear to be a premium sub-market, it also doesn't present as a value pocket based on the provided data. Instead, it offers a balanced opportunity for landlords looking to engage with the Section 8 program without sacrificing too much on rental income.
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.