Section 8 Fair Market Rent (FMR) for ZIP 06066 - 2027

Location: Hartford-West Hartford-East Hartford, CT | Metro: Hartford-West Hartford-East Hartford, CT MSA

Investment Score for ZIP 06066

D
Monthly Rent (2BR)
$1,920
Median Price (2BR)
$271,144
1% Rule
0.71%
Annual Yield
8.5%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,340
1 Bedroom$1,530
2 Bedrooms$1,920
3 Bedrooms$2,290
4 Bedrooms$2,520
5 Bedrooms$2,923
6 Bedrooms$3,274
7 Bedrooms$3,536
8 Bedrooms$3,713

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
1BR $1,530 $138,205 1.11% B
2BR $1,920 $271,144 0.71% D
3BR $2,290 $358,353 0.64% D
4BR $2,520 $430,084 0.59% F
5BR $2,923 $452,759 0.65% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
30,577
Median Household Income
$85,356
Housing Units
14,449
Renter Percentage
46.8%
Occupancy Rate
94.2%
Renter Occupied
6,373

The ZIP code 06066, encompassing Vernon Rockville, CT, presents a dynamic rental market that reflects both stability and potential for growth. With a Fair Market Rent (FMR) set at $1780 for fiscal year 2024, the government's benchmark aligns closely with the actual market conditions, indicated by the Zillow Observed Rental Index (ZORI) at $1,814. This suggests that the rental prices are in line with what the market can bear, without significant overvaluation.

The low price-cut share of 0.2% points to a market where landlords are generally able to maintain their asking rents without needing to reduce them significantly to attract tenants. While the Days on Market (DOM) is listed as N/A, which could imply either a quick turnover or a lack of recent transaction data, the median home value of $335,054 indicates a middle-class residential area, where homeownership is feasible but also comes with a moderate price tag.

A critical aspect of the Vernon Rockville market is the high renter share, standing at 46.8%. This figure is noteworthy because it signals a substantial portion of the population is租房而非拥有房产。这表明该地区存在长期的住房压力,因为大量的租户可能意味着房屋所有权的机会有限。高租户比例也可能预示着对租赁物业的需求持续强劲。

综上所述,06066邮政编码区域内的市场动态显示,需求与供应基本平衡,但偏向于需求方略占优势。租金价格稳定,接近政府设定的公平市场租金,且房东无需大幅降价即可出租其房产。尽管缺乏具体的上市天数数据,但较高的租户比例和适度的房价表明这是一个活跃且有潜力的市场。

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.