Section 8 Fair Market Rent (FMR) for ZIP 05609 - 2027

FY 2027 Fair Market Rent Rates

ZIP code 05609, located in Vermont, encompasses a rural area that is less densely populated compared to urban centers. This region is characterized by its serene landscapes and slower-paced lifestyle, which can influence both rental and property markets.

• The Fair Market Rent (FMR) for ZIP 05609 is set at $1,480 for the fiscal year 2026, according to HUD guidelines.
• The market rent for the area is currently unavailable, indicating a lack of recent data on actual rental rates.
• The median home value for ZIP 05609 is also not available, suggesting that detailed housing price information is limited.
• The percentage of residents who are renters is unknown, making it difficult to gauge the proportion of the population that relies on rental properties.
• The average number of days on the market (DOM) before a property sells is not available, which could be due to low transaction volumes or a lack of comprehensive reporting.
• The median household income for the area is not available, leaving a gap in understanding the economic profile of potential tenants or buyers.

In summary, while the Fair Market Rent provides a benchmark for rental prices in ZIP 05609, the absence of specific market rent data and other key metrics such as median home values and income levels means that investors must rely on broader regional trends and conduct thorough local research to make informed decisions. The scarcity of detailed data points underscores the importance of engaging with local real estate professionals to gain insights into the specific dynamics of this rural Vermont market.

Data Sources: FMR data from HUD (2027).

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.