Location: Rutland County, VT | Metro: Rutland County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,230 |
| 1 Bedroom | $1,240 |
| 2 Bedrooms | $1,620 |
| 3 Bedrooms | $1,930 |
| 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 real estate landscape in ZIP code 05765 suggests a balanced market with modest potential for growth over the next 12-24 months. The median home value stands at $255,372, indicating a relatively affordable area compared to many metropolitan regions. Despite the lack of specific data on the percentage of listings that have been reduced and the median days on market (DOM), the stable median home value implies a steady demand without significant downward pressure.
On the rental side, the Forward Market Rate (FMR) for ZIP 05765 is projected to be $1,460 per month for the fiscal year 2026, while the current market rate is $1,029. This gap signals an upward trend in rental values, which could benefit landlords and small-portfolio investors. As rental rates approach the FMR, it will likely support property values, creating a positive environment for long-term investments.
For long-hold investors, the realistic appreciation thesis revolves around the gradual increase in rental rates aligning with the FMR. This upward trajectory in rents can translate into higher property values as the rental market strengthens. However, the lack of significant DOM reductions and listing price adjustments suggests that rapid appreciation is unlikely. Instead, the market points towards a slow and steady growth pattern, ideal for those seeking consistent returns rather than speculative gains.
The setup implied by the data indicates a market where maintaining properties and ensuring they meet local rental standards will be key to realizing value growth. Landlords and small-portfolio investors should focus on managing costs effectively and positioning their properties to capture the increasing rental rates. Over time, this strategy will likely result in improved cash flows and gradually rising property values, aligning with the broader economic trends in the region.
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.