Location: Rutland County, VT | Metro: Rutland County, VT
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,000 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,320 |
| 3 Bedrooms | $1,570 |
| 4 Bedrooms | $1,840 |
| 5 Bedrooms | $2,134 |
| 6 Bedrooms | $2,390 |
| 7 Bedrooms | $2,581 |
| 8 Bedrooms | $2,710 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,570 | $371,063 | 0.42% | F |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 05732 presents a dynamic equilibrium between supply and demand, framed by the Federal Market Rent (FMR) and market rent figures. With an FMR of $1,160 for fiscal year 2026, the federal benchmark suggests a higher rent threshold than what the current market reflects, which stands at $646 based on Census ACS data. This discrepancy implies that the local rental market might be experiencing a period where demand is not fully meeting the higher federally recognized rent levels, indicating potential supply-side pressures.
The median home value of $353,477 provides insight into the overall property valuation within the area. While this figure alone does not reveal whether supply outpaces demand, it can be indicative of the broader economic health and stability of the housing market. If home values are stable or rising, it often signals a robust market with steady demand.
Arenter share of 28.8% is significant in understanding the long-term housing dynamics. A higher percentage of renters typically means greater long-term housing pressure, as these individuals are likely to seek permanent residence options over time. This trend can translate into future demand for homeownership, potentially leading to increased competition among buyers and upward pressure on home values.
However, without specific time-series data such as price-cut shares and days on market (DOM), it's challenging to definitively state the direction of the market. The lack of these metrics suggests either that they are not available or that the market is relatively stable, with neither a surplus nor a shortage of properties being evident through these indicators.
In summary, ZIP 05732 appears to be a market where demand is currently below the federal rent standards but is supported by a stable median home value. The substantial renter population indicates a potential for future shifts towards homeownership, creating ongoing pressure on the housing market. Landlords and small-portfolio investors should remain vigilant to these dynamics, as they could influence both rental and sales markets in the coming years.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.