Location: Bridgeport-Stamford-Danbury, CT | Metro: Bridgeport-Stamford-Danbury, CT MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,580 |
| 1 Bedroom | $1,910 |
| 2 Bedrooms | $2,290 |
| 3 Bedrooms | $2,770 |
| 4 Bedrooms | $3,280 |
| 5 Bedrooms | $3,805 |
| 6 Bedrooms | $4,262 |
| 7 Bedrooms | $4,603 |
| 8 Bedrooms | $4,833 |
The ZIP code 06491 in Bridgeport-Stamford-Danbury County, Connecticut, stands out due to limited data availability, which includes an unspecified number of residents, an undefined percentage of renters, and unknown figures for median income and median home value. This scarcity of information presents both challenges and opportunities for landlords and small-portfolio investors.
Moving to the specifics of Section 8 housing assistance, the Fair Market Rent (FMR) for ZIP 06491 for fiscal year 2024 is set at $2370. This figure is crucial for understanding the rental economics within the voucher program. Without comparative market rent data, it's difficult to assess how the FMR aligns with the local rental market, but it provides a benchmark for landlords participating in the Section 8 program.
The data signature for ZIP 06491 reads as transitional. The lack of specific resident and economic data points to a community that may be undergoing changes, such as shifts in population demographics or economic conditions. Landlords and investors should monitor these trends closely to make informed decisions about their investments in this area. Despite the gaps in data, the presence of a defined FMR offers a stable anchor for those looking to engage with the Section 8 program in this ZIP code.
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.