Section 8 Fair Market Rent (FMR) for ZIP 53176 - 2027

Location: Walworth County, WI | Metro: Walworth County, WI

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,000
1 Bedroom	$1,100
2 Bedrooms	$1,440
3 Bedrooms	$1,800
4 Bedrooms	$2,370
5 Bedrooms	$2,749
6 Bedrooms	$3,079
7 Bedrooms	$3,325
8 Bedrooms	$3,491

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

100

Median Household Income

$45,962

Housing Units

Renter Percentage

N/A

Occupancy Rate

100.0%

Renter Occupied

The town of Bristol, located in Connecticut's 53176 ZIP code, is characterized by its suburban charm and proximity to urban centers, offering residents a blend of rural living and access to metropolitan amenities. For real estate investors, particularly those interested in Section 8 housing, understanding the local rental market dynamics is crucial.

Fair Market Rent (FMR): The FMR for the metro area, effective for fiscal year 2026, is set at $1,290. This figure represents the maximum amount that landlords can charge for a Section 8 voucher holder in this region.
Market Rent: Current market rent data is not available for ZIP 53176, which suggests limited rental activity or a lack of comprehensive reporting in the area.
Median Home Value: Data on the median home value is also not available, indicating either sparse sales data or a focus on owner-occupied homes rather than rentals.
Renter Share: With a reported 0.0% share of renters, it is evident that the majority of homes in this ZIP code are owner-occupied, making it less attractive for rental-focused investors.
Days on Market (DOM): Information regarding the average days on market for properties is not available, which could imply quick sales or a lack of detailed market analysis for this area.
Median Income: The median household income in ZIP 53176 is $45,962, which is below the national average. This could impact the number of potential voucher holders in the area.

Given the high FMR of $1,290 and the scarcity of rental data, it appears that the rental market in Bristol is not well-documented. The dominance of owner-occupied homes, indicated by the 0.0% renter share, suggests a community preference for homeownership over renting. Additionally, the lower median income of $45,962 might limit the pool of eligible Section 8 voucher holders. For investors, these factors imply that while there may be opportunities in the Section 8 housing market, they should expect competition and possibly fewer tenants due to the community's inclination towards ownership. The lack of market rent and DOM data further underscores the need for thorough local research before investing.

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.