Section 8 Fair Market Rent (FMR) for ZIP 06082 - 2027

Investment Score for ZIP 06082

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	$1,460
1 Bedroom	$1,680
2 Bedrooms	$2,100
3 Bedrooms	$2,500
4 Bedrooms	$2,760
5 Bedrooms	$3,202
6 Bedrooms	$3,586
7 Bedrooms	$3,873
8 Bedrooms	$4,067

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
1BR	$1,680	$185,205	0.91%	C
2BR	$2,100	$288,191	0.73%	D
3BR	$2,500	$337,668	0.74%	D
4BR	$2,760	$372,178	0.74%	D
5BR	$3,202	$410,835	0.78%	D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

### Market Analysis for ZIP Code 06082 (Enfield, CT) #### Section 8 Voucher Dynamics The Fair Market Rent (FMR) for ZIP code 06082 is set by HUD for 2026. For a two-bedroom unit, the FMR is $2,020. This represents 26.8% of the median household income of $90,404 in Enfield, which suggests that the rent is relatively affordable for the average resident. However, the actual rental market in Enfield is significantly higher than the FMR. According to Zillow, the median price for a two-bedroom home is $281,000, which translates into a monthly rental cost of approximately $1,160 based on a typical mortgage payment (assuming a 4.5% interest rate and a 20-year amortization period). The price-to-FMR ratio of 11.6x indicates that the actual rental costs are much higher than the FMR, making it challenging for Section 8 voucher holders to find suitable housing. Given that the FMR is $2,020 for a two-bedroom unit, landlords who accept Section 8 vouchers would be constrained by this amount. In reality, the market rent for such units is likely to be closer to $1,160 per month, but this is still a significant gap between what voucher holders can pay and what landlords might expect to earn. This dynamic could lead to fewer landlords being willing to accept Section 8 vouchers due to the lower rent compared to market rates. #### Affordability & Renter Profile Enfield has a population of 41,090, with 24.3% of residents being renters. The occupancy rate is 96.7%, indicating a fairly tight rental market. With a median household income of $90,404, the majority of residents can afford market-rate rentals. However, the 24.3% of renters represent a significant portion of the population who may struggle to find affordable housing. The FMR for a two-bedroom unit is $2,020, which is only 26.8% of the median income, suggesting that while it is affordable for some, many residents may still find it difficult to secure housing at these rates. The high price-to-FMR ratio of 11.6x indicates that the market is overpriced relative to the FMR, which could create a challenging environment for low-income renters. Given the tight occupancy rate, there is little room for additional supply to enter the market, potentially exacerbating the affordability issue. #### Investor Angle From an investor’s perspective, the ZIP code 06082 presents a mixed picture. The FMR for a two-bedroom unit is $2,020, but the actual market rent is estimated to be around $1,160 per month. This means that landlords accepting Section 8 vouchers would be earning less than the market rate, which could impact their ability to cover expenses and generate a profit. The investment grade in this area would be considered moderate to low, given the discrepancy between FMR and market rents. To determine if this ZIP code is cash-flow positive at FMR, we need to consider the typical operating expenses for a rental property. Assuming a conservative estimate of 50% of the rent going towards expenses (including mortgage payments, maintenance, insurance, and taxes), a landlord would need to collect at least $1,010 per month ($2,020 * 50%) to break even. Since the market rent is estimated to be $1,160, landlords accepting Section 8 vouchers would still be able to cover their basic expenses, but they would not have much left over for profit. Moreover, the high price-to-FMR ratio suggests that properties in this area are overpriced relative to the FMR, which could make it difficult for investors to find properties that offer a reasonable return on investment when relying solely on Section 8 vouchers. #### Specific Actionable Insights 1. **Target Lower-Rent Properties**: Investors should focus on acquiring properties with lower rent values, such as one-bedroom units priced at or below $1,600 per month. This would ensure that they can cover their expenses and generate a modest profit while still being attractive to Section 8 voucher holders. 2. **Consider Multi-Family Buildings**: Single-family homes may be too expensive for Section 8 voucher holders, but multi-family buildings often have lower per-unit costs. Investors should look into purchasing multi-family buildings where the individual units are priced at or below the FMR for their respective sizes. 3. **Explore Government Programs**: Investors should explore government programs that provide additional subsidies or incentives for landlords who accept Section 8 vouchers. These programs could help bridge the gap between FMR and market rents, making the investment more financially viable. #### Bottom Line For Section 8-focused investors, the recommendation for ZIP code 06082 is to **Skip**. While there are opportunities to acquire properties and manage them under Section 8 guidelines, the high price-to-FMR ratio and the tight rental market make it challenging to achieve a positive cash flow. The limited profit potential combined with the higher acquisition costs of properties in this area suggests that investors should look elsewhere for better returns. --- This analysis provides a detailed overview of the rental market dynamics in Enfield, Connecticut, focusing specifically on how Section 8 vouchers interact with the local real estate landscape. It highlights the challenges faced by both renters and investors in this ZIP code and offers practical insights for those considering investment in the area.

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.