Location: Northwest Hills Planning Region, CT | Metro: Hartford-West Hartford-East Hartford, CT MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,150 |
| 1 Bedroom | $1,350 |
| 2 Bedrooms | $1,650 |
| 3 Bedrooms | $2,180 |
| 4 Bedrooms | $2,490 |
| 5 Bedrooms | $2,888 |
| 6 Bedrooms | $3,235 |
| 7 Bedrooms | $3,494 |
| 8 Bedrooms | $3,669 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,650 | $364,161 | 0.45% | F |
| 3BR | $2,180 | $489,188 | 0.45% | F |
| 4BR | $2,490 | $698,131 | 0.36% | F |
| 5BR | $2,888 | $782,429 | 0.37% | F |
U.S. Census Bureau data (2024)
The ZIP code 06013, located in Burlington, Connecticut, presents a unique balance between yield and stability that is worth examining for landlords and small-portfolio investors.
On the yield axis, the Fair Market Rent (FMR) for ZIP 06013 is set at $1,860 for fiscal year 2024, which is notably higher than the market rent of $1,427. This discrepancy suggests a potential opportunity for landlords to capitalize on the higher FMR if they can secure tenants through government-assisted programs such as Section 8. However, the average home value in the area stands at $524,442, indicating a relatively expensive market. The higher FMR does provide a decent rental yield, but it's not so high as to classify the market as purely high-yield.
Moving to the stability axis, only 5.4% of residents are renters, which points to a low rental demand. The median household income is $165,120, suggesting a strong economic base in the area. Despite the robust income levels, the low percentage of renters indicates a preference for homeownership, which could lead to lower tenant turnover rates but also a smaller pool of potential Section 8 tenants. The lack of available data on days on market (DOM) makes it difficult to assess the speed at which properties are rented out, adding an element of uncertainty to the stability assessment.
Given these factors, ZIP 06013 leans more towards being a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The higher FMR provides a solid cash flow, especially for those who can tap into the Section 8 program, while the strong income levels offer a measure of financial security. However, the limited rental population means that landlords must be prepared for potentially longer vacancy periods and a slower market for finding new tenants.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.