Section 8 Fair Market Rent (FMR) for ZIP 06067 - 2027

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

Investment Score for ZIP 06067

Monthly Rent (2BR)

$2,360

Median Price (2BR)

$318,415

1% Rule

0.74%

Annual Yield

8.89%

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	$1,640
1 Bedroom	$1,880
2 Bedrooms	$2,360
3 Bedrooms	$2,810
4 Bedrooms	$3,100
5 Bedrooms	$3,596
6 Bedrooms	$4,028
7 Bedrooms	$4,350
8 Bedrooms	$4,568

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	$1,880	$167,388	1.12%	B
2BR	$2,360	$318,415	0.74%	D
3BR	$2,810	$450,304	0.62%	D
4BR	$3,100	$611,767	0.51%	F
5BR	$3,596	$732,788	0.49%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

20,872

Median Household Income

$100,027

Housing Units

9,512

Renter Percentage

31.6%

Occupancy Rate

95.7%

Renter Occupied

2,880

The ZIP code 06067, encompassing the town of Rocky Hill in Connecticut, is a stable suburban market with a mix of rental and homeownership opportunities. Its proximity to major cities like Hartford and New Haven makes it attractive for commuters, while its smaller-town charm retains a residential feel.

The Fair Market Rent (FMR) for ZIP 06067 in fiscal year 2024 is set at $2070. This figure represents the maximum amount that low-income families should pay for housing and is a useful benchmark for rental pricing.
The market rent, as indicated by the Zillow Observed Rent Index (ZORI), stands at $1,847. This reflects the average rent paid for a rental property in the area, offering insight into current tenant affordability.
The median home value in Rocky Hill is $402,105. This suggests a moderate cost of living and property investment, suitable for those looking to buy rather than rent.
Renters make up 31.6% of the population, indicating a significant demand for rental properties but also showing that a majority of residents prefer owning their homes.
The median income in the area is $100,027. This robust income level supports a diverse range of housing options and can sustain higher rents compared to areas with lower incomes.

In summary, ZIP 06067 presents a balanced opportunity for both rental and homeowner investments. The FMR being slightly above the market rent suggests potential for modest increases in rental rates without alienating tenants. With a median home value that is neither too high nor too low, there's room for growth in property values. However, the relatively low renter share implies that competition for rental units could be stiff, necessitating well-maintained properties and strategic pricing to attract tenants. Overall, the strong median income supports the viability of both rental and home sales markets, making Rocky Hill a solid choice for real estate investment.

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.