Location: Bridgeport-Stamford-Danbury, CT | Metro: Bridgeport-Stamford-Danbury, CT MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,510 |
| 1 Bedroom | $3,110 |
| 2 Bedrooms | $3,600 |
| 3 Bedrooms | $4,320 |
| 4 Bedrooms | $5,360 |
| 5 Bedrooms | $6,218 |
| 6 Bedrooms | $6,964 |
| 7 Bedrooms | $7,521 |
| 8 Bedrooms | $7,897 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $3,600 | $660,653 | 0.54% | F |
| 3BR | $4,320 | $823,414 | 0.52% | F |
| 4BR | $5,360 | $1,042,075 | 0.51% | F |
| 5BR | $6,218 | $1,279,853 | 0.49% | F |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 06612, located in Easton, Connecticut, reveals a competitive rental landscape. The HUD Fair Market Rent (FMR) for the area in fiscal year 2024 is set at $2,950, while the Census American Community Survey (ACS) reports a market rent of $3,205. This indicates that voucher tenants will only cashflow marginally at the HUD FMR, with landlords needing to optimize costs and manage properties efficiently to maintain profitability.
To derive the rent-to-price ratio, we consider the median home value in the area, which stands at $956,496. Dividing the market rent of $3,205 by the median home value yields a monthly rent-to-price ratio of approximately 0.33%, suggesting that rental income alone would not cover the cost of ownership for most properties in this ZIP code. However, this ratio can be improved with premium units that command higher rents, thus bringing the rent-to-price ratio closer to a break-even point.
In terms of the days on market (DOM) and the percentage of homes that required price cuts, these metrics are not applicable for this analysis. Nonetheless, it's important to note that the strong real estate market in Easton means that investors should focus on long-term stability rather than short-term speculative gains.
The strongest angle for investors in this ZIP code is stability. With a robust local economy and a high median home value, the real estate market in Easton is likely to remain steady, providing reliable long-term returns and minimal risk of vacancy or default.
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.