Location: Orleans County, VT | Metro: Orleans County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,060 |
| 1 Bedroom | $1,110 |
| 2 Bedrooms | $1,360 |
| 3 Bedrooms | $1,750 |
| 4 Bedrooms | $1,900 |
| 5 Bedrooms | $2,204 |
| 6 Bedrooms | $2,468 |
| 7 Bedrooms | $2,665 |
| 8 Bedrooms | $2,798 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 05875, set at $1,120 for the metro area fiscal year 2026, is the payment standard that landlords will receive from the government for each Section 8 unit they offer. This figure does not represent the rent you charge your tenants; it's the maximum amount the Housing Choice Voucher program will pay towards the rent on behalf of the tenant.
In ZIP 05875, there is currently no specific local rent limit set, which means the FMR of $1,120 applies directly. This implies that if you participate in the Section 8 program, you can expect to receive up to $1,120 per month from the government for each eligible unit.
The 3.9% renter share indicates the proportion of renters in the area who might be interested in Section 8 housing. While this percentage seems low, it still represents a significant portion of potential tenants who could benefit from the voucher program. This demand is critical for ensuring occupancy and steady income from the program.
To acquire a property in this area, you should budget around $327,725, which reflects the average price of a home suitable for Section 8 rentals. This investment is substantial but can provide a stable return given the guaranteed government payments.
Before you decide to participate in the Section 8 program with a property in ZIP 05875, ensure that your rental meets all the necessary quality standards as defined by HUD. These standards include things like having adequate heating, hot water, and a safe living environment. Failure to meet these criteria can result in disqualification from the program, leading to financial losses.
In summary, the FMR of $1,120 sets a clear expectation for government payments, while the local lack of specific rent limits and the 3.9% renter share suggest manageable demand. With an acquisition cost of approximately $327,725, participating in Section 8 can be a viable option for generating consistent income. However, compliance with HUD standards is non-negotiable and must be verified to avoid disqualification.
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.