Location: Rutland County, VT | Metro: Bennington County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,190 |
| 1 Bedroom | $1,200 |
| 2 Bedrooms | $1,570 |
| 3 Bedrooms | $1,870 |
| 4 Bedrooms | $2,190 |
| 5 Bedrooms | $2,540 |
| 6 Bedrooms | $2,845 |
| 7 Bedrooms | $3,073 |
| 8 Bedrooms | $3,227 |
U.S. Census Bureau data (2024)
The ZIP code 05775 presents a unique scenario for real estate investors when considering the balance between yield and stability. The Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,380, which is significantly higher than the market rent of $1,025. This suggests a potential for higher rental yields compared to other areas, making it attractive for those seeking to maximize their returns on investment.
However, the stability of this market is somewhat compromised by the low percentage of renters at 12.5%. This indicates that the majority of residents in this area own their homes, which can lead to increased competition for tenants and potentially longer periods of vacancy. Additionally, the median household income of $61,563 provides insight into the economic conditions of the area but does not directly correlate with rental demand or stability.
The median home value of $281,612 places this ZIP code in a middle ground between being a high-yield/low-stability flip-style market and a steady-cashflow zone. While the higher FMR compared to market rent points towards a better yield, the low percentage of renters and lack of data on days on market (DOM) suggest instability in finding and retaining tenants.
To summarize, ZIP 05775 offers a moderate level of yield given the disparity between FMR and market rent, but its stability is questionable due to the low renter population. Investors should be prepared for a market that requires careful tenant selection and possibly more active property management to ensure consistent cash flow.
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.