Location: Bennington County, VT | Metro: Bennington County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,330 |
| 1 Bedroom | $1,500 |
| 2 Bedrooms | $1,680 |
| 3 Bedrooms | $2,330 |
| 4 Bedrooms | $2,810 |
| 5 Bedrooms | $3,260 |
| 6 Bedrooms | $3,651 |
| 7 Bedrooms | $3,943 |
| 8 Bedrooms | $4,140 |
U.S. Census Bureau data (2024)
In ZIP code 05152, the Fair Market Rent (FMR) for metro FY 2026 is set at $1,440, which is higher than the reported market rent of $1,271 based on Census ACS data. This discrepancy suggests a potential opportunity for landlords to increase rental rates without significantly deterring tenants. The median home value stands at $498,512, indicating a robust housing market where property investments can yield substantial returns. With a renter share of 20.1%, there is a notable portion of the population looking for rental properties, making it a viable market for small-portfolio investors. However, the median income of $129,500 might limit the pool of eligible Section 8 tenants, as their incomes must align with the program's guidelines. Despite this, the lack of data on days on market (DOM) and the percentage of price-cut shares suggests that the market is stable, with little indication of over-supply or fierce competition among landlords. Given these factors, landlords and small-portfolio investors should focus on properties that offer value just below the $1,440 FMR, ensuring they attract both market-rate and potentially Section 8 tenants. The verdict for Section 8 participation in ZIP 05152 is positive, but with a caveat: thorough vetting of tenant eligibility is necessary due to the relatively high median 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.