Location: Rutland County, VT | Metro: Rutland County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,170 |
| 1 Bedroom | $1,180 |
| 2 Bedrooms | $1,540 |
| 3 Bedrooms | $1,830 |
| 4 Bedrooms | $2,150 |
| 5 Bedrooms | $2,494 |
| 6 Bedrooms | $2,793 |
| 7 Bedrooms | $3,016 |
| 8 Bedrooms | $3,167 |
The classification of ZIP code 05702 in Unknown, VT, hinges on the available data regarding the Fair Market Rent (FMR) and other economic indicators. With a Fair Market Rent of $1,350 for the fiscal year 2026, there is a clear figure to work with, but other crucial metrics such as market rent, home values, percentage of renters, days on market (DOM), and median income are not provided.
In the absence of comparative market rent and home value data, it's challenging to definitively label ZIP 05702 as either a high-yield or low-stability market. The FMR serves as a benchmark for rental prices, particularly for those who might qualify for Section 8 assistance, but without knowing the typical market rent, we cannot determine if this area offers above-average yields for landlords.
Stability, often gauged by the percentage of renters, days on market, and median income, is also difficult to assess due to the lack of specific figures. If the area had a high percentage of renters and a low median income, it could indicate lower stability, as tenants might struggle to pay rent consistently. However, a higher median income would suggest greater financial security among residents, leading to steadier cash flows for landlords.
To provide a more accurate analysis, we would need additional data points. For instance, if the market rent were significantly higher than the FMR, it could imply a high-yield market where landlords can charge above the subsidized rates. Conversely, if the market rent is close to the FMR, it might mean that the area is more suitable for steady cash flow rather than high returns.
Furthermore, the number of days on market and the percentage of renters could give insights into the demand and turnover rates, which are critical for understanding the stability of rental properties. High DOM values might signal a less stable market, whereas a low DOM and a significant portion of renters could point towards a more consistent demand for rentals.
Without these key pieces of information, the best conclusion we can draw is that ZIP 05702 has potential for moderate yield given the established FMR, but its stability remains uncertain until more detailed economic data becomes available.
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.