Location: Washington County, VT | Metro: Addison County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,140 |
| 1 Bedroom | $1,320 |
| 2 Bedrooms | $1,630 |
| 3 Bedrooms | $2,040 |
| 4 Bedrooms | $2,280 |
| 5 Bedrooms | $2,645 |
| 6 Bedrooms | $2,962 |
| 7 Bedrooms | $3,199 |
| 8 Bedrooms | $3,359 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 05669, located in the Washington County, VT metro area, reveals a favorable opportunity for cash flow. The HUD Fair Market Rent (FMR) for the metro scope in fiscal year 2026 is set at $1,280, significantly higher than the current market rent of $870 as reported by the Census ACS. This discrepancy means that voucher tenants will cashflow at FMR, providing a substantial buffer for landlords.
To further analyze the investment potential, consider the median home value in the area, which stands at $320,138. Using this figure, we can calculate the rent-to-price ratio, which comes out to be approximately 0.33%. This low ratio indicates that rental income is relatively high compared to property values, making it an attractive option for investors seeking steady cash flow.
The dynamics between renting and buying do not significantly impact the market due to the lack of relevant data on days on market (DOM) and price-cut shares. However, this does not detract from the strong cash flow potential offered by the current FMR levels.
The strongest investor angle in this market is undoubtedly cash flow, given the substantial difference between the HUD FMR and the actual market rent. This allows landlords to maintain profitability even when accounting for property management costs and vacancies.
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.