Location: Windham County, VT | Metro: Windham County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,230 |
| 1 Bedroom | $1,340 |
| 2 Bedrooms | $1,650 |
| 3 Bedrooms | $1,960 |
| 4 Bedrooms | $2,490 |
| 5 Bedrooms | $2,888 |
| 6 Bedrooms | $3,235 |
| 7 Bedrooms | $3,494 |
| 8 Bedrooms | $3,669 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 05341, located in Windham County, Vermont, reveals several key points that are crucial for landlords and small-portfolio investors considering investment in this area.
Firstly, regarding the rent math, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,610. However, the lack of available market rent data makes it impossible to directly compare these figures. This absence suggests a need for further research into local rental trends to ensure that the FMR accurately reflects what tenants can afford, which is essential for maintaining occupancy rates.
Secondly, the acquisition cost is relatively low, with a median home value of $406,047. This figure is within reach for many investors, especially when compared to higher-cost areas. The data does not provide insights into the average days on market (DOM) or the percentage of homes that require price cuts, which would be valuable indicators of how quickly properties sell and at what price point. Nonetheless, the lower median home value indicates that purchasing property in this ZIP code is financially feasible for those looking to enter the real estate market without significant capital outlay.
Lastly, there is a notable tenant demand in ZIP 05341. With a total population of 728, 30.5% of residents are renters. This percentage translates to approximately 221 individuals who are actively seeking rental housing. Given the size of the population, this represents a substantial portion of potential tenants, suggesting that there is a consistent demand for rental properties in the area.
In summary, while the rent math cannot be fully evaluated due to missing market rent data, the acquisition cost is reasonable, and there is a clear tenant demand. Investors should proceed with caution, conducting thorough market research to confirm the viability of rental income against the FMR. Despite these uncertainties, the low median home value and high percentage of renters make ZIP 05341 an attractive option for those willing to invest time in understanding the local rental market 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.