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 | $1,700 |
| 1 Bedroom | $2,100 |
| 2 Bedrooms | $2,440 |
| 3 Bedrooms | $2,970 |
| 4 Bedrooms | $3,630 |
| 5 Bedrooms | $4,211 |
| 6 Bedrooms | $4,716 |
| 7 Bedrooms | $5,093 |
| 8 Bedrooms | $5,348 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,970 | $492,509 | 0.6% | D |
| 4BR | $3,630 | $594,656 | 0.61% | D |
U.S. Census Bureau data (2024)
The ZIP code 06755, located in Westport, Connecticut, stands out due to its unique data profile. With a population of just 1,238 residents, it has a relatively low rental rate at 16.7%, indicating that most residents own their homes. The median household income is impressively high at $185,119, reflecting the affluent nature of the area. The median home value is also notably high at $502,290, which aligns with the high-income bracket of its residents.
When it comes to Section 8 vouchers, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $2,710. However, there is no available market data for ZIP 06755 specifically, which suggests that the local rental market may not be extensively covered or analyzed. This lack of market data could indicate that the demand for rental properties under the Section 8 program is limited in this area, making it less attractive for landlords seeking to participate in the voucher program.
The data signature for ZIP 06755 reads as stable. The high median income and home values suggest a strong economic foundation where homeownership is the predominant housing choice. While the rental market is not as robust, the stability of the overall economic environment provides a reliable backdrop for both landlords and small-portfolio investors. The absence of market-specific data does not necessarily imply instability but rather indicates a niche market that may require careful consideration before investing resources into Section 8 participation.
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.