Location: Addison County, VT | Metro: Addison County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,170 |
| 1 Bedroom | $1,310 |
| 2 Bedrooms | $1,660 |
| 3 Bedrooms | $1,980 |
| 4 Bedrooms | $2,730 |
| 5 Bedrooms | $3,167 |
| 6 Bedrooms | $3,547 |
| 7 Bedrooms | $3,831 |
| 8 Bedrooms | $4,023 |
U.S. Census Bureau data (2024)
The ZIP code 05766 is primarily a homeowner-dominated area rather than a renter-heavy one, with only 9.1% of the population renting. This makes it less likely to have a deep voucher demand compared to areas with higher percentages of renters. The median household income in this ZIP is $112,917, indicating that residents have relatively high incomes.
While specific market rent data is not available, we can infer that typical rents would consume a smaller percentage of local income due to the low proportion of renters. For comparison, the Fair Market Rent (FMR) for the metro area is set at $1,420 per month for FY 2026. Given the median income, this suggests that a significant portion of residents could afford market rates without needing assistance.
A landlord in ZIP 05766 should expect tenants who either do not require rental assistance or who might use vouchers for supplemental income rather than primary funding. These tenants will likely be financially stable and capable of meeting their rent obligations, even if they utilize Section 8 vouchers to reduce their housing costs.
In summary, the limited number of renters and high median income indicate that landlords in 05766 can anticipate a tenant pool that is largely self-sufficient when it comes to paying rent, with vouchers playing a secondary role in their housing budget.
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.