Location: Hartford-West Hartford-East Hartford, CT | Metro: Hartford-West Hartford-East Hartford, CT MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,340 |
| 1 Bedroom | $1,540 |
| 2 Bedrooms | $1,930 |
| 3 Bedrooms | $2,300 |
| 4 Bedrooms | $2,540 |
| 5 Bedrooms | $2,946 |
| 6 Bedrooms | $3,300 |
| 7 Bedrooms | $3,564 |
| 8 Bedrooms | $3,742 |
The ZIP code 06152 in Hartford-West Hartford-East Hartford County stands out due to limited publicly available data, which includes the number of residents, percentage of renters, median income, and median home value. This scarcity of information can be a challenge for real estate analysts and investors alike, but it also highlights the unique nature of the area, possibly indicating a niche market that requires careful analysis.
Moving to the specifics of Section 8 housing assistance, the Fair Market Rent (FMR) for ZIP 06152 is set at $1650 for the fiscal year 2024. While the exact market rent is not specified, the FMR serves as a benchmark for rental rates in subsidized housing. Landlords should use this figure to gauge the potential rental income they could receive from tenants with Section 8 vouchers. It's important to note that the FMR is designed to cover a wide range of housing types and conditions, so individual properties might command higher or lower rents depending on their quality and location within the ZIP code.
The data signature for ZIP 06152 reads as transitional. With incomplete data points such as the number of residents and median values, it suggests that the area may be undergoing changes, either in population dynamics or economic shifts. For small-portfolio investors and landlords, this means keeping an eye on local trends and being prepared to adapt to any new developments in the real estate market. The voucher economics provide a stable income source, but the overall environment indicates that caution and continuous monitoring are necessary to make informed decisions.
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.