Location: New Haven, CT | Metro: New Haven, CT MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,620 |
| 1 Bedroom | $1,750 |
| 2 Bedrooms | $2,100 |
| 3 Bedrooms | $2,610 |
| 4 Bedrooms | $2,950 |
| 5 Bedrooms | $3,422 |
| 6 Bedrooms | $3,833 |
| 7 Bedrooms | $4,140 |
| 8 Bedrooms | $4,347 |
The ZIP code 06536 in New Haven County, Connecticut, stands out due to limited available demographic data, which includes unknown figures for the number of residents, percentage of renters, median income, and median home value. This scarcity of information can make it challenging for landlords and small-portfolio investors to assess the area's potential without further investigation.
Despite the lack of detailed local market data, the Fair Market Rent (FMR) for ZIP 06536 has been established at $1620 for fiscal year 2024. This figure represents the maximum amount that a landlord can charge for a Section 8 rental unit in this ZIP code. It is important to note that without specific market rent data, it is difficult to compare the FMR to the actual rental rates in the area. However, the FMR provides a benchmark for landlords who wish to participate in the Section 8 program.
Given the absence of key economic indicators such as median income and median home value, the overall data signature for ZIP 06536 reads as transitional. This suggests that the area may be undergoing changes, either in population dynamics or in the housing market, which could impact future trends. Landlords should monitor local developments closely and consider consulting additional sources for more comprehensive insights into the ZIP code's current and future economic landscape.
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.