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 market in ZIP 05076, Vermont, is characterized by a tight alignment between Fair Market Rent (FMR) and actual market rents, both set at $1,360 and $1,375 respectively. This suggests that the rental market is stable and reflective of broader economic conditions in the area.
A median home value of $268,296 indicates a relatively affordable market for homeownership, which could attract potential buyers and keep the housing market dynamic. However, the lack of data on price-cut share and days on market (DOM) prevents a precise assessment of whether supply currently outpaces demand or vice versa.
The 9.9% renter share provides insight into the local housing landscape. A lower percentage of renters compared to owners implies that homeownership is more prevalent, which can contribute to long-term housing stability. Yet, it also signals potential pressure points in the future if the trend towards renting increases. With fewer renters, there might be less immediate competition for rental properties, but landlords should remain vigilant as changes in demographics or economic conditions can shift this balance.
Investors and landlords must consider these factors when evaluating the potential for growth or challenges in the ZIP 05076 market. The stability in rental prices and the affordability of home values suggest a balanced environment, though the absence of detailed transaction data limits a deeper analysis of supply and demand dynamics.
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.