Location: Windham County, VT | Metro: Windham County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,220 |
| 1 Bedroom | $1,330 |
| 2 Bedrooms | $1,650 |
| 3 Bedrooms | $1,970 |
| 4 Bedrooms | $2,450 |
| 5 Bedrooms | $2,842 |
| 6 Bedrooms | $3,183 |
| 7 Bedrooms | $3,438 |
| 8 Bedrooms | $3,610 |
U.S. Census Bureau data (2024)
The ZIP code 05358 in Washington is characterized by a relatively small population of 403 residents. With 18.4% of the population renting their homes, this area leans more towards being a homeowner-dominated region rather than a renter-heavy one. The scarcity of rental properties means that the demand for Section 8 vouchers could be limited, making it less attractive for landlords specifically targeting tenants with such vouchers.
The median household income for this ZIP code is not available, which complicates direct comparisons between income levels and market rents. However, given the context of the surrounding area, we can infer that typical market rents will likely be lower than the Fair Market Rent (FMR) of $1,420, which is set for the fiscal year 2026 in the metropolitan area. This FMR figure represents the upper limit of what is considered affordable for low-income households and is used to determine the maximum rental assistance payments for Section 8 vouchers.
In the absence of specific income data, landlords in ZIP 05358 should still consider the general affordability of housing for low-income families. If the local market rents are indeed below the FMR, then the percentage of local income that goes towards rent would be lower, indicating better affordability for potential tenants.
The tenant profile landlords should expect in this area includes individuals and families who are seeking affordable housing solutions. While the exact income distribution is unknown, these tenants are likely to have modest incomes and may be looking for rental units that offer stability and are within their budget constraints. Landlords should prepare for tenants who are financially disciplined and possibly reliant on rental assistance programs to meet their housing needs.
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.