Location: Orleans County, VT | Metro: Orleans County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,090 |
| 1 Bedroom | $1,160 |
| 2 Bedrooms | $1,370 |
| 3 Bedrooms | $1,780 |
| 4 Bedrooms | $2,300 |
| 5 Bedrooms | $2,668 |
| 6 Bedrooms | $2,988 |
| 7 Bedrooms | $3,227 |
| 8 Bedrooms | $3,388 |
U.S. Census Bureau data (2024)
29.4% of residents in ZIP code 05827 are renters, indicating a substantial demand for rental properties. With a market rent of $1,061, as reported by the Census ACS, landlords can expect to charge this amount per unit on average. However, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,520, which is significantly higher than the current market rent. This discrepancy suggests potential opportunities for landlords to increase rents or to participate in the Section 8 program, where they can receive higher payments.
$373,143 is the median home value in this ZIP code, reflecting a stable housing market. The median income of $90,729 indicates that residents have the financial capacity to afford higher rents, supporting the potential for increased rental rates. While the data does not provide specific days on market (DOM) or the percentage of homes that have had their prices cut, the high FMR compared to the market rent implies a strong support system for affordable housing through government programs.
The gap between the FMR and the market rent presents an opportunity for landlords and small-portfolio investors to either raise their rents closer to the FMR or to enter into Section 8 contracts, thereby securing a steady stream of income. Given the robust median income and the significant difference between the FMR and the market rent, participating in the Section 8 program could be a lucrative option for investors looking to stabilize their cash flow while providing affordable housing options.
Section 8 Verdict: Favorable for landlords and investors seeking stable, government-backed rental income.
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.