Location: Burlington-South Burlington, VT | Metro: Burlington-South Burlington, VT MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,350 |
| 1 Bedroom | $1,490 |
| 2 Bedrooms | $1,930 |
| 3 Bedrooms | $2,480 |
| 4 Bedrooms | $2,550 |
| 5 Bedrooms | $2,958 |
| 6 Bedrooms | $3,313 |
| 7 Bedrooms | $3,578 |
| 8 Bedrooms | $3,757 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 05450, located within the Burlington-South Burlington, VT MSA, reveals a favorable environment for rental properties. The HUD Fair Market Rent (FMR) for FY 2024 is set at $1460, which significantly exceeds the market rent of $961 reported by the Census ACS. This indicates that voucher tenants can cashflow comfortably at the FMR rate, providing landlords and small-portfolio investors with a substantial margin.
To further evaluate the investment potential, consider the median home value in ZIP 05450, which stands at $320,527. The rent-to-price ratio, calculated using the HUD FMR, is approximately 0.52%, suggesting that the area offers good value for those looking to invest in rental properties. This ratio implies that the cost of renting a property is relatively low compared to its purchase price, making it an attractive option for investors seeking stable returns.
Note that the data does not provide the median Days on Market (DOM) or the percentage of price cuts, but given the significant difference between the HUD FMR and the actual market rent, these factors are less critical. The strong cashflow potential due to the higher FMR relative to market rates is the primary driver for investors in this ZIP code.
The strongest investor angle in ZIP 05450 is cashflow. With voucher tenants paying above the market rate, investors can expect consistent and profitable returns on their rental investments.
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.