Location: Caledonia County, VT | Metro: Caledonia County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,730 |
| 1 Bedroom | $1,740 |
| 2 Bedrooms | $1,990 |
| 3 Bedrooms | $2,760 |
| 4 Bedrooms | $3,330 |
| 5 Bedrooms | $3,863 |
| 6 Bedrooms | $4,327 |
| 7 Bedrooms | $4,673 |
| 8 Bedrooms | $4,907 |
U.S. Census Bureau data (2024)
18.2% of residents in ZIP code 05867 are renters, indicating a significant portion of the population relies on rental housing. This statistic aligns with the $1,300 Fair Market Rent (FMR) set for the metro area in fiscal year 2026, which is the benchmark for determining payment standards for Section 8 housing vouchers. The N/A market rent figure suggests that there might be limited data on current rental prices, but the FMR provides a reliable estimate for landlords and investors to gauge rental value.
$294,997 is the median home value in this ZIP code, offering insight into the overall property values and potential investment opportunities. Given the $67,969 median income, it's evident that many residents may find it challenging to afford homeownership, further emphasizing the importance of the rental market. The N/A-day Days on Market (DOM) and N/A% price-cut share indicate a lack of recent sales data, which could mean that the market is stable or that there isn't enough transaction volume to provide meaningful trends.
The combination of these factors—renter share, FMR, median home value, and median income—suggests that properties in ZIP 05867 are well-positioned for Section 8 participation. Landlords can expect steady demand and fair compensation through the voucher program, ensuring a reliable income stream without the risks associated with fluctuating market rents. The verdict on Section 8 for ZIP 05867 is positive, given the alignment between FMR and local economic conditions.
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.