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 analysis of ZIP 05741 within the context of Section 8 real estate investment reveals several key points that landlords and small-portfolio investors should consider.
The first question addresses whether the rent math works. The Fair Market Rent (FMR) for the Rutland County, VT metro area in fiscal year 2026 is set at $1,350. However, the lack of specific market rent data for ZIP 05741 makes it challenging to directly compare these figures. Without market rent data, it's impossible to determine if the FMR adequately covers the cost of maintaining and managing rental properties in this ZIP code.
Regarding the affordability of property acquisition, the absence of detailed data on median home values, days on market (DOM), and the percentage of price reductions required to sell homes indicates a gap in critical information. This lack of specifics means that investors cannot accurately assess how competitive the local real estate market is or what kind of financial commitment they might need to make to acquire properties.
The third point concerns tenant demand. With incomplete data on both the population size and the percentage of residents who are renters, it's difficult to gauge the potential pool of Section 8 tenants in ZIP 05741. This uncertainty can impact the feasibility of finding qualified tenants willing to pay the FMR.
Verdict: Investing in Section 8 properties in ZIP 05741 presents significant challenges due to the unavailability of crucial data points such as market rent, median home values, days on market, and the percentage of renters in the population. To make informed decisions, investors must seek out additional, more detailed local market data to fill these gaps and ensure that their investments are financially viable and meet the needs of potential tenants. The FMR of $1,350 provides a baseline but requires supporting information to validate its alignment with actual market conditions and tenant demand.
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.