Section 8 Fair Market Rent (FMR) for ZIP 06259 - 2027

Location: Northeastern Connecticut Planning Region, CT | Metro: Northeastern Connecticut Planning Region, CT

Investment Score for ZIP 06259

F
Monthly Rent (2BR)
$1,590
Median Price (2BR)
$357,563
1% Rule
0.44%
Annual Yield
5.34%

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$1,110
1 Bedroom$1,280
2 Bedrooms$1,590
3 Bedrooms$2,030
4 Bedrooms$2,160
5 Bedrooms$2,506
6 Bedrooms$2,807
7 Bedrooms$3,032
8 Bedrooms$3,184

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
2BR $1,590 $357,563 0.44% F
3BR $2,030 $470,027 0.43% F
4BR $2,160 $567,576 0.38% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
4,568
Median Household Income
$108,476
Housing Units
1,890
Renter Percentage
19.4%
Occupancy Rate
93.7%
Renter Occupied
344

Windham County's ZIP code 06259, Pomfret Center, CT, stands out among its peers with a population of 4,568 residents. A notable 19.4% of these residents are renters, which aligns with the area's median income of $108,476. The median home value in this ZIP is significantly higher at $469,077, reflecting the local real estate market dynamics.

The economics of Section 8 vouchers in Pomfret Center are particularly interesting. For fiscal year 2024, the Fair Market Rent (FMR) for a one-bedroom unit is set at $1,510. However, the actual market rent, according to Census ACS data, is considerably lower at $1,194. This discrepancy suggests that landlords participating in the Section 8 program can potentially benefit from a subsidy that exceeds the typical rental rates in the area.

The data signature for ZIP 06259 reads as stable. With a relatively low percentage of renters and a high median income, the local economy appears resilient. Additionally, the median home value indicates a strong property market, which is further supported by the favorable economics of Section 8 vouchers. Landlords and small-portfolio investors should consider the benefits of the higher subsidy amounts when evaluating their investment decisions in this ZIP code.

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.