Location: Orleans County, VT | Metro: Orleans County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,320 |
| 1 Bedroom | $1,380 |
| 2 Bedrooms | $1,690 |
| 3 Bedrooms | $2,170 |
| 4 Bedrooms | $2,370 |
| 5 Bedrooms | $2,749 |
| 6 Bedrooms | $3,079 |
| 7 Bedrooms | $3,325 |
| 8 Bedrooms | $3,491 |
U.S. Census Bureau data (2024)
0.0% of the residents in ZIP code 05868 are renters, indicating a predominantly owner-occupied area. This statistic aligns with the $51,136 median income, which supports homeownership over renting. Despite the low renter population, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,500. This FMR is a critical benchmark for landlords and small-portfolio investors, as it represents the maximum amount that can be charged for a unit under the Section 8 program. Given the lack of data on market rent and median home values, it's challenging to compare these figures directly. However, the absence of significant rental activity suggests that properties in this area might not be as attractive to tenants looking for assistance through Section 8. The N/A-day DOM and N/A% price-cut share further highlight the limited rental market presence. For landlords considering participation in the Section 8 program, the area's demographics suggest a smaller pool of potential tenants. In conclusion, while the median income supports housing affordability, the low renter share and sparse rental market data indicate that Section 8 participation may not be as lucrative in ZIP code 05868.
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.