Section 8 Fair Market Rent (FMR) for ZIP 05352 - 2027

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,650
1 Bedroom	$1,870
2 Bedrooms	$2,090
3 Bedrooms	$2,890
4 Bedrooms	$3,490
5 Bedrooms	$4,048
6 Bedrooms	$4,534
7 Bedrooms	$4,897
8 Bedrooms	$5,142

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Based on the data provided, the analysis for ZIP 05352, which is located in Vermont, reveals a significant gap between the Fair Market Rent (FMR) and the actual market rent. The FMR for the metro area in fiscal year 2026 is set at $1,560, while the Census ACS data indicates a market rent of $1,583. This represents a $23 difference, or approximately 1.47%, with the market rent being higher.

The gap suggests that landlords accepting Section 8 tenants in ZIP 05352 may face a slight financial disadvantage, as they would be renting units below the open-market rate. Given the context of Vermont, where only 4.8% of the population are renters and the median home value stands at $326,077, it becomes evident that the rental market is relatively small compared to the overall housing market.

Furthermore, the median income in this area is $88,542, indicating a higher economic status among residents. This could mean that landlords might prefer to cater to non-voucher tenants who can pay the full market rent. However, if a landlord chooses to accept Section 8 tenants, they should be prepared to manage the financial implications of this decision.

In conclusion, the gap between the FMR and the market rent in ZIP 05352 highlights the potential challenges for landlords who opt to participate in the Section 8 program. They must balance the social benefits of providing affordable housing with the financial realities of renting below market rates. While the difference is modest, it underscores the need for careful consideration when deciding whether to accept Section 8 tenants.

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.