Location: Northwest Hills Planning Region, CT | Metro: Northwest Hills Planning Region, CT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,050 |
| 1 Bedroom | $1,230 |
| 2 Bedrooms | $1,510 |
| 3 Bedrooms | $1,980 |
| 4 Bedrooms | $2,270 |
| 5 Bedrooms | $2,633 |
| 6 Bedrooms | $2,949 |
| 7 Bedrooms | $3,185 |
| 8 Bedrooms | $3,344 |
U.S. Census Bureau data (2024)
The ZIP code 06758, located within the Northwest Hills Planning Region of Connecticut's metropolitan area, presents a unique profile when compared to typical ZIP codes in the same region. The Fair Market Rent (FMR) for this area is set at $1,490 for fiscal year 2026, which is a critical figure for landlords and investors involved in Section 8 housing.
A notable aspect of ZIP 06758 is the lack of available data on market rent and home values. This absence can indicate that the area is less developed or has fewer rental properties compared to other parts of the metro. However, the 0.0% renter share suggests that almost all residents own their homes, making it an outlier within the region. Typically, ZIP codes in the Northwest Hills Planning Region would have a higher percentage of renters.
The combination of a defined FMR without corresponding market rent or home value data implies that this ZIP code could be considered a niche market within the larger Connecticut metro. It lacks the characteristics that would make it either a value pocket or a premium sub-market, as these classifications usually depend on comparative data between market rents and home values. Instead, 06758 stands out due to its extremely low renter population, indicating a strong preference for homeownership among its residents.
In terms of Section 8 investment potential, the lack of rental units and the non-existent renter share mean that there is little opportunity for landlords to participate in the federal housing assistance program in this particular ZIP code. Investors looking for areas with higher renter shares and defined market rents should look elsewhere within the Northwest Hills Planning Region or the broader CT metro to find more suitable locations for Section 8 properties.
To summarize, ZIP 06758 is characterized by its high homeownership rate and defined FMR, but without market rent and home value data, it cannot be easily classified into a value pocket or premium sub-market. For those interested in Section 8 opportunities, this ZIP code is unlikely to present significant investment prospects.
Data Sources: FMR data from HUD (2027). 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.