Section 8 Fair Market Rent (FMR) for ZIP 05354 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,140
1 Bedroom$1,240
2 Bedrooms$1,530
3 Bedrooms$1,820
4 Bedrooms$2,310
5 Bedrooms$2,680
6 Bedrooms$3,002
7 Bedrooms$3,242
8 Bedrooms$3,404

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,709
Median Household Income
$85,682
Housing Units
1,045
Renter Percentage
23.8%
Occupancy Rate
98.4%
Renter Occupied
245

The ZIP code 05354 in Washington has a population of 2,709 individuals, with 23.8% being renters. This indicates that it is not a heavily renter-dominated area, but rather a region where homeownership is more prevalent. The median household income stands at $85,682, which provides insight into the financial capacity of potential tenants.

A typical market rent of $1,023 consumes approximately 12% of the median household income. This suggests that while rental properties are affordable relative to the income levels, the demand for housing vouchers might be limited due to the relatively high median income compared to the Fair Market Rent (FMR) of $1,350 for the metro area (as of FY 2026).

In this context, landlords in ZIP 05354 can expect a tenant pool that is generally financially stable. However, the presence of Section 8 tenants will likely be less pronounced due to the higher median income and lower percentage of renters. Landlords should prepare for tenants who are capable of paying market rates without the need for subsidies.

To summarize, ZIP 05354 is better suited for landlords looking to attract tenants who can afford market rents rather than those seeking areas with deep voucher demand. The expected tenant profile includes individuals who are financially secure and able to meet the standard rent requirements without assistance.

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.