FMR is near market; voucher and private rents are aligned.
0.94
1 BR
1 BR- 05150
0.91ratio
FMR$1,170
Market$1,290
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.91
2 BR
2 BR- 05150
0.91ratio
FMR$1,380
Market$1,510
vs market-$130
FMR is near market; voucher and private rents are aligned.
0.91
3 BR
3 BR- 05150
1.15ratio
FMR$1,800
Market$1,560
vs market+$240
FMR is above market; underwrite to market rent.
1.15
4 BR
4 BR- 05150
1.01ratio
FMR$1,890
Market$1,870
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.01
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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North Springfield, VT fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in North Springfield, VT is $1,380 a month. That is up 13.1% from $1,220 in FY 2026. North Springfield is in the Windsor County, VT non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,558. The median county two-bedroom FMR in Vermont is $1,570, so North Springfield is 12% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for North Springfield, VT
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,050
$1,170
+11.4%
$1,053–$1,287
1BR
$1,050
$1,170
+11.4%
$1,053–$1,287
2BR
$1,220
$1,380
+13.1%
$1,242–$1,518
3BR
$1,610
$1,800
+11.8%
$1,620–$1,980
4BR
$1,660
$1,890
+13.9%
$1,701–$2,079
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for North Springfield, VT
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,170
$1,170
$1,380
$1,800
$1,890
FY 2026
$1,050
$1,050
$1,220
$1,610
$1,660
FY 2025
$1,040
$1,050
$1,210
$1,570
$1,610
FY 2024area FMR
$1,039
$1,136
$1,300
$1,725
$1,731
FY 2023area FMR
$841
$982
$1,129
$1,536
$1,542
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about North Springfield, VT rents
How much will Section 8 pay for a two-bedroom in North Springfield, VT?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,558, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,402 to $1,714 a month; under the ZIP-level Small Area FMR of $1,380 it would be $1,242 to $1,518. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is North Springfield, VT in?
North Springfield, VT is in the Windsor County, VT non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,558.
How much did fair market rent change in North Springfield, VT for FY 2027?
The two-bedroom FMR rose 13.1%, from $1,220 in FY 2026 to $1,380 in FY 2027. Since FY 2025 it has risen 14.0%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set