Section 8 Fair Market Rent (FMR) for ZIP 05351 - 2027

Location: Windham County, VT | Metro: Windham County, VT

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,360
1 Bedroom$1,480
2 Bedrooms$1,830
3 Bedrooms$2,180
4 Bedrooms$2,760
5 Bedrooms$3,202
6 Bedrooms$3,586
7 Bedrooms$3,873
8 Bedrooms$4,067

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
190
Median Household Income
$N/A
Housing Units
185
Renter Percentage
6.7%
Occupancy Rate
56.8%
Renter Occupied
7

The ZIP code 05351, located in Washington County, Vermont, stands out due to its unique demographic and economic characteristics. With only 190 residents, it is one of the smallest ZIP codes in the country, yet the median home value is exceptionally high at $369,741. This indicates that despite the low population density, there is significant wealth in the area. The percentage of residents renting is relatively low at 6.7%, suggesting that homeownership is the predominant form of housing tenure.

In terms of Section 8 voucher economics, the Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $1,620. However, the lack of available data on the local market rent makes it challenging to assess the immediate impact of Section 8 vouchers on rental properties. Given the high median home value and the low number of renters, it is likely that the demand for rental assistance through Section 8 vouchers is minimal compared to larger metropolitan areas.

The data signature for ZIP 05351 reads as "stable." The high median home value and low percentage of renters suggest a community where property values are well-maintained and there is little pressure from the rental market. For landlords and small-portfolio investors, this stability means that while the potential for Section 8 tenants is limited, the overall real estate market is likely to remain consistent and attractive due to the area's wealth indicators.

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.