Location: Orleans County, VT | Metro: Orleans County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,180 |
| 1 Bedroom | $1,230 |
| 2 Bedrooms | $1,510 |
| 3 Bedrooms | $1,940 |
| 4 Bedrooms | $2,140 |
| 5 Bedrooms | $2,482 |
| 6 Bedrooms | $2,780 |
| 7 Bedrooms | $3,002 |
| 8 Bedrooms | $3,152 |
U.S. Census Bureau data (2024)
ZIP code 05857, located within Orleans County, Vermont, presents a unique profile when compared to typical ZIP codes in the same county. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,410. This figure represents the benchmark for rental affordability and is significantly higher than the actual market rent observed in ZIP 05857, which stands at $810. This indicates that 05857 offers more affordable housing options relative to the broader metro area.
The median home value in 05857 is $303,524, which is lower than what might be expected in a premium sub-market but still competitive within the county. Given that the FMR is higher than the market rent, it suggests that this ZIP code could be considered a value pocket for both landlords and small-portfolio investors. It provides an opportunity to offer rentals at a price point that is below the metro average, potentially attracting tenants who are seeking more affordable housing options.
A key indicator for potential Section 8 opportunities is the 20.4% renter share in 05857. While this percentage is not exceptionally high, it does suggest a notable portion of residents are renters. Coupled with the below-metro home values and market rents, this could make 05857 a sweet spot for landlords interested in participating in the Section 8 program, where they can receive rental assistance payments from the government.
In summary, ZIP 05857 appears to be a mid-tier neighborhood within its metro, offering more affordable rental options than the average FMR. Its lower home values and significant renter population make it an attractive location for those looking to engage in the Section 8 housing assistance program.
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.