Section 8 Fair Market Rent (FMR) for ZIP 05361 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,110
1 Bedroom	$1,210
2 Bedrooms	$1,550
3 Bedrooms	$1,850
4 Bedrooms	$2,150
5 Bedrooms	$2,494
6 Bedrooms	$2,793
7 Bedrooms	$3,016
8 Bedrooms	$3,167

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,058

Median Household Income

$75,714

Housing Units

616

Renter Percentage

18.6%

Occupancy Rate

66.2%

Renter Occupied

The ZIP code 05361, located in Vermont, represents a rural area with a mix of residential properties, including both rental units and owner-occupied homes. This region offers a glimpse into the dynamics of housing affordability and demand in a less urbanized setting.

The Fair Market Rent (FMR) for a two-bedroom apartment in the metro area for fiscal year 2026 is set at $1,360.
The average market rent for properties in ZIP 05361, based on Census American Community Survey (ACS) data, stands at $665 per month.
The median home value in this ZIP code is $324,212, reflecting the typical price range for homeownership.
Renters make up 18.6% of the total population, indicating a smaller but significant rental market presence.
The median household income in ZIP 05361 is $75,714, which suggests that residents have a moderate level of financial stability.

The analysis reveals a gap between the Fair Market Rent and the actual market rent, indicating that rental properties in ZIP 05361 can potentially be priced below the FMR threshold, making them attractive to low-income tenants who qualify for Section 8. However, with only 18.6% of the population renting, the demand for rental units is limited compared to more densely populated areas. Investors should consider these factors when evaluating the potential returns and occupancy rates of rental properties in this ZIP code. The moderate median income supports a stable tenant base, while the lower-than-FMR rents could offer a competitive edge in attracting Section 8 participants.

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.