Section 8 Fair Market Rent (FMR) for ZIP 06134 - 2027

FY 2027 Fair Market Rent Rates

ZIP code 06134, located in Connecticut, is a residential area that offers a mix of urban convenience and suburban tranquility. The region is characterized by its blend of single-family homes and multi-unit properties, making it a diverse market for real estate investment.

• The Fair Market Rent (FMR) for a one-bedroom apartment in ZIP 06134 for fiscal year 2024 is set at $1650.
• Market rent data is currently unavailable for this ZIP code, indicating a lack of recent comprehensive studies on rental prices.
• The median home value in the area is also not available, suggesting that detailed housing price data might be limited or outdated.
• The percentage of residents who are renters in this ZIP code is unknown, which means the exact composition of the local housing market is unclear.
• The days on market (DOM) for listings in ZIP 06134 is not available, implying that there is no current measure of how quickly properties are selling.
• The median household income in ZIP 06134 is not available, leaving an incomplete picture of the economic conditions that could influence demand for rental properties.

Investors considering the ZIP 06134 market should focus on the known Fair Market Rent figure of $1650 for one-bedroom units, while recognizing the limitations posed by missing data on market rents, median home values, and other key indicators. This suggests a need for further research to fully understand the dynamics of the local real estate market, particularly regarding rental demand and pricing trends.

Data Sources: FMR data from HUD (2027).

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.