Location: Orleans County, VT | Metro: Orleans County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,790 |
| 5 Bedrooms | $2,076 |
| 6 Bedrooms | $2,325 |
| 7 Bedrooms | $2,511 |
| 8 Bedrooms | $2,637 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP 05833 in the fiscal year 2026 is set at $990. While the exact median home value is not specified, other sources indicate it is around $220,000. This makes ZIP 05833 a suitable location for properties aimed at tenants eligible for Section 8 assistance. The spread between the FMR and the potential market rent helps ensure positive cash flow.
Additionally, the area shows signs of appreciation. Over the last decade, home appreciation in ZIP 05833 has been 63.5%, and the most recent appreciation rate is up 19.1%. This indicates that while it serves well as a diversifier, it also holds potential as an appreciation play, albeit with less immediate impact on cash flow.
In summary, ZIP 05833 is best suited as a diversifier within a Section 8 portfolio strategy. It provides a stable rental market with a significant portion of renters, and the FMR aligns well with the expected market rents, ensuring positive cash flow. Furthermore, the historical appreciation rates suggest that property values in this area are likely to rise, offering long-term growth potential.
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.