FMR is below market; voucher rent may lag private rents.
0.81
1 BR
1 BR- 05664
0.83ratio
FMR$1,360
Market$1,640
vs market-$280
FMR is below market; voucher rent may lag private rents.
0.83
2 BR
2 BR- 05664
0.99ratio
FMR$1,780
Market$1,790
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
3 BR
3 BR- 05664
1.19ratio
FMR$2,230
Market$1,870
vs market+$360
FMR is above market; underwrite to market rent.
1.19
4 BR
4 BR- 05664
1.17ratio
FMR$2,340
Market$2,000
vs market+$340
FMR is above market; underwrite to market rent.
1.17
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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Northfield Falls, VT fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Northfield Falls, VT is $1,780 a month. That is up 20.3% from $1,480 in FY 2026. Northfield Falls is in the Washington 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 $1,783. The median county two-bedroom FMR in Vermont is $1,570, so Northfield Falls is 13% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Northfield Falls, VT
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,120
$1,240
+10.7%
$1,116–$1,364
1BR
$1,130
$1,360
+20.4%
$1,224–$1,496
2BR
$1,480
$1,780
+20.3%
$1,602–$1,958
3BR
$1,820
$2,230
+22.5%
$2,007–$2,453
4BR
$1,960
$2,340
+19.4%
$2,106–$2,574
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Northfield Falls, VT
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,240
$1,360
$1,780
$2,230
$2,340
FY 2026
$1,120
$1,130
$1,480
$1,820
$1,960
FY 2025
$1,080
$1,080
$1,420
$1,760
$1,980
FY 2024area FMR
$985
$1,106
$1,453
$1,832
$1,975
FY 2023area FMR
$839
$953
$1,255
$1,584
$1,690
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Northfield Falls, VT rents
How much will Section 8 pay for a two-bedroom in Northfield Falls, VT?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,783, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,605 to $1,961 a month; under the ZIP-level Small Area FMR of $1,780 it would be $1,602 to $1,958. 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 Northfield Falls, VT in?
Northfield Falls, VT is in the Washington County, VT non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,783.
How much did fair market rent change in Northfield Falls, VT for FY 2027?
The two-bedroom FMR rose 20.3%, from $1,480 in FY 2026 to $1,780 in FY 2027. Since FY 2025 it has risen 25.4%.
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