Section 8 Fair Market Rent (FMR) for ZIP 05261 - 2027

Location: Bennington County, VT | Metro: Bennington County, VT

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,410
1 Bedroom	$1,540
2 Bedrooms	$1,850
3 Bedrooms	$2,470
4 Bedrooms	$2,950
5 Bedrooms	$3,422
6 Bedrooms	$3,833
7 Bedrooms	$4,140
8 Bedrooms	$4,347

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

2,171

Median Household Income

$62,917

Housing Units

1,035

Renter Percentage

9.7%

Occupancy Rate

91.5%

Renter Occupied

ZIP code 05261, located in Vermont, represents a rural community that benefits from proximity to natural landscapes and recreational opportunities, which can attract both residents and seasonal visitors. This area, however, faces unique challenges and opportunities when compared to urban markets.

The Fair Market Rent (FMR) for a two-bedroom apartment in the metro area for fiscal year 2026 is set at $1,650. This figure provides a benchmark for rental pricing and indicates the potential for higher rents in areas with desirable amenities.
The average market rent for properties in ZIP 05261 is currently $932 per month, according to the latest Census ACS data. This suggests that there is room for price increases, especially if landlords offer additional value-added services or amenities.
The median home value in this ZIP code stands at $270,446. This relatively low median value could be advantageous for investors looking to acquire properties at a lower cost compared to urban centers, while still benefiting from the steady demand for rentals.
Renters make up 9.7% of the housing market in ZIP 05261. While this percentage is low, it highlights the importance of targeting the specific needs of renters in a predominantly owner-occupied environment.
The median income for households in this area is $62,917. This income level suggests that the majority of residents have stable employment and could afford higher rents, particularly if they are seeking the quality of life that comes with living in a rural setting.

Investors in ZIP 05261 should focus on acquiring properties below the median home value and positioning them to command rents closer to the FMR. Given the low renter share and the moderate median income, there is an opportunity to target a niche market that values the rural lifestyle and is willing to pay a premium for well-maintained rental properties. The potential for rental price increases, coupled with the lower acquisition costs, makes this ZIP code a viable investment option for those who can cater to the specific demands of the local rental market.

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.