Location: Hartford-West Hartford-East Hartford, 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 | $1,200 |
| 1 Bedroom | $1,370 |
| 2 Bedrooms | $1,720 |
| 3 Bedrooms | $2,050 |
| 4 Bedrooms | $2,260 |
| 5 Bedrooms | $2,622 |
| 6 Bedrooms | $2,937 |
| 7 Bedrooms | $3,172 |
| 8 Bedrooms | $3,331 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,370 | $123,227 | 1.11% | B |
| 2BR | $1,720 | $279,382 | 0.62% | D |
| 3BR | $2,050 | $359,133 | 0.57% | F |
| 4BR | $2,260 | $424,768 | 0.53% | F |
| 5BR | $2,622 | $495,247 | 0.53% | F |
U.S. Census Bureau data (2024)
New Britain, CT (ZIP 06052) is a renter-heavy area with a significant portion of its population relying on rental housing. With 30.5% of the population being renters, this ZIP code has a notable tenant pool that could be interested in Section 8 vouchers. The total population of 7,916 suggests a moderate-sized community, which can support a diverse range of rental properties.
The median household income in New Britain stands at $80,506, which provides a baseline for understanding the financial capacity of potential tenants. Given the market rent of $1,270, typical rent consumes approximately 18.25% of the median household income. This percentage is calculated by dividing the monthly rent ($1,270) by the annual median income ($80,506), then multiplying by 100. This indicates that while rent is a considerable expense, it remains within a reasonable proportion of the average income.
Comparing the market rent to the Fair Market Rent (FMR) of $1,570 (for FY 2024), we see that the actual market rent is lower than the FMR. This discrepancy can suggest that there might be some flexibility for landlords when setting rents, potentially allowing them to offer competitive rates that attract more tenants, including those with Section 8 vouchers.
A landlord in ZIP 06052 should expect tenants who are likely to benefit from the lower-than-FMR market rent. These tenants will predominantly rely on rental housing, and many will have Section 8 vouchers to help cover their living expenses. The tenant profile is expected to include individuals and families who are part of the 30.5% renter demographic, possibly earning below the median household income but still within the range that makes the $1,270 rent affordable.
In summary, New Britain, CT (ZIP 06052) is well-suited for landlords looking to attract Section 8 tenants. The area's significant renter population and the relatively low market rent compared to the FMR indicate strong voucher demand and a viable tenant pool for those seeking affordable housing options.
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.