Location: Orleans County, VT | Metro: Orleans County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,040 |
| 1 Bedroom | $1,090 |
| 2 Bedrooms | $1,330 |
| 3 Bedrooms | $1,710 |
| 4 Bedrooms | $1,870 |
| 5 Bedrooms | $2,169 |
| 6 Bedrooms | $2,429 |
| 7 Bedrooms | $2,623 |
| 8 Bedrooms | $2,754 |
U.S. Census Bureau data (2024)
The ZIP code 05825 presents several challenges for potential Section 8 landlords. Firstly, tenant turnover is a significant concern. Market rents in this area are currently unknown, but the Fair Market Rent (FMR) for FY 2026 is set at $1,150. This discrepancy can lead to higher turnover rates if tenants find better rental options outside of the Section 8 program.
Vacancy exposure is another critical issue. The days on market (DOM) for rental properties in this ZIP code are not available, which makes it difficult to predict how long a property might remain vacant between tenancies. This uncertainty can result in significant financial losses due to extended periods without rental income.
Deferred maintenance is also a risk factor. With no data on the typical home values and median incomes in ZIP 05825, it's challenging to gauge the ability of landlords to invest in necessary repairs and improvements. This lack of information can lead to properties falling into disrepair, which could jeopardize their eligibility for the Section 8 program.
However, there are mitigating factors that reduce these risks. The renter share in this ZIP code is 24.1%, indicating a relatively high concentration of renters. High renter density typically translates into greater demand for housing vouchers, which can stabilize occupancy rates and provide a steady stream of income.
Despite the uncertainties surrounding market rents and home values, the high renter share in ZIP 05825 suggests a robust local rental market. This factor alone can offset some of the risks associated with tenant turnover and vacancy exposure.
Verdict: Moderate risk for a first-time Section 8 landlord.
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.