Location: Rutland County, VT | Metro: Rutland County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,120 |
| 1 Bedroom | $1,170 |
| 2 Bedrooms | $1,520 |
| 3 Bedrooms | $1,810 |
| 4 Bedrooms | $2,260 |
| 5 Bedrooms | $2,622 |
| 6 Bedrooms | $2,937 |
| 7 Bedrooms | $3,172 |
| 8 Bedrooms | $3,331 |
U.S. Census Bureau data (2024)
The ZIP code 05731, located in the Rutland County, VT metro area, presents a unique opportunity for Section 8 investors. According to the HUD Fair Market Rent (FMR) for fiscal year 2026, the maximum rental amount for voucher holders in this region is set at $1,320 per month. This figure is crucial for determining the financial viability of properties under the Section 8 program.
Despite the HUD FMR being established at $1,320, the current market rent data for ZIP 05731 is not available. This absence of data makes it challenging to directly compare the FMR against local market rates, but it also suggests that there might be less competition from non-subsidized rentals. Typically, in areas where market rents are higher than the HUD FMR, voucher tenants can only cashflow in premium units or not at all. However, given the lack of market rent data, we cannot make a direct comparison, but it's reasonable to infer that cashflow could be positive or at least stable for landlords renting properties at the HUD FMR rate.
The median home value for ZIP 05731 is also not reported, which means deriving an exact rent-to-price ratio is not possible. However, a general understanding of the rent-to-price ratio can still provide insights into the rent-versus-buy dynamics of the area. If the median home values were lower, it would suggest that renting at the FMR could be more attractive compared to buying, potentially increasing demand for rental properties among voucher holders.
Regarding the days on market (DOM) and the percentage of homes that have had their prices cut, these figures are not available for ZIP 05731. Nonetheless, such information would be relevant if there were a significant number of homes transitioning from the sale market to the rental market, indicating a shift in the local real estate landscape.
The strongest angle for Section 8 investors in ZIP 05731 is likely cashflow stability. Given the fixed nature of the HUD FMR and the potential for less competitive market conditions, landlords can expect consistent income from voucher tenants without the need to chase fluctuating market rents. This predictability is particularly valuable for small-portfolio investors who may prefer steady, reliable returns over speculative gains.
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.