Location: Orange County, VT | Metro: Orange County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,060 |
| 1 Bedroom | $1,320 |
| 2 Bedrooms | $1,520 |
| 3 Bedrooms | $1,930 |
| 4 Bedrooms | $2,050 |
| 5 Bedrooms | $2,378 |
| 6 Bedrooms | $2,663 |
| 7 Bedrooms | $2,876 |
| 8 Bedrooms | $3,020 |
U.S. Census Bureau data (2024)
The Section 8 market analysis for ZIP code 05083 in Orange County, Vermont, reveals a competitive landscape for landlords and small-portfolio investors. The Fair Market Rent (FMR) as determined by the U.S. Department of Housing and Urban Development (HUD) for the Orange County metro area for fiscal year 2026 is set at $1,140. This figure serves as the benchmark for what voucher holders can afford, impacting landlords' ability to cash flow effectively.
However, without specific market rent data for ZIP 05083, it's challenging to provide a precise comparison. Typically, if the market rent exceeds the HUD FMR, voucher tenants would only cash flow in premium units where rents are closer to the HUD FMR. Conversely, if market rents are lower or equal to the HUD FMR, landlords could see positive cash flow from voucher tenants.
The median home value for ZIP 05083 is also not available, which means we cannot calculate an exact rent-to-price ratio. This ratio is crucial for understanding the economic dynamics between owning and renting property in the area. Without this data, we can't accurately assess how rental income compares to the potential equity growth from homeownership.
Similarly, the number of days on market (DOM) and the percentage of homes that undergo price reductions are not provided. These metrics are indicative of the local housing market's health and can influence the decision-making process for investors considering whether to rent or buy properties. If these figures were available, they would help in understanding the speed and ease with which homes sell, potentially affecting the attractiveness of the rental market.
In conclusion, the strongest angle for investors in ZIP 05083 appears to be stability. Given the rural nature of the area and the consistent demand for affordable housing, landlords can expect steady occupancy rates and predictable income streams from voucher tenants, assuming the HUD FMR aligns closely with the actual market rents. This makes it an attractive option for those seeking long-term, low-risk investments in real estate.
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.