Location: Lamoille County, VT | Metro: Lamoille County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,080 |
| 1 Bedroom | $1,090 |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,870 |
| 4 Bedrooms | $1,870 |
| 5 Bedrooms | $2,169 |
| 6 Bedrooms | $2,429 |
| 7 Bedrooms | $2,623 |
| 8 Bedrooms | $2,754 |
U.S. Census Bureau data (2024)
The ZIP code 05492, located in Cambridge, Vermont, stands out due to its relatively low population density with only 725 residents. However, it has a significant portion of renters at 18.7%, indicating that the area is somewhat dependent on rental properties. The median household income in ZIP 05492 is $67,857, which is above the national average, and the median home value is $342,847, reflecting a stable residential market.
For landlords and small-portfolio investors, the Section 8 voucher program presents an opportunity to stabilize rental income. The Fair Market Rent (FMR) for ZIP 05492 is set at $1,160 for fiscal year 2026, while the current market rent, according to Census ACS data, is $1,110. This means that landlords participating in the Section 8 program can expect a slightly higher rent compared to the local market rate, providing a buffer against potential fluctuations.
The data signature for ZIP 05492 suggests a stable environment. With a modest but steady rental market and a median income that supports homeownership, the area is likely to continue attracting both renters and buyers. The slight increase in FMR over the market rate indicates that the federal government recognizes the need to support affordable housing in the region, which could further stabilize the rental market.
In summary, ZIP 05492 offers a balanced real estate market with opportunities for both rental and ownership investments. Landlords should consider the benefits of the Section 8 program, particularly the higher FMR, when evaluating their portfolio's performance in this area.
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.