Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Sheldon Springs, VT fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Sheldon Springs, VT is $2,080 a month. That is up 6.1% from $1,960 in FY 2026. Sheldon Springs is in the Burlington-South Burlington, VT MSA. 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 metro-wide two-bedroom FMR of $2,165. The median county two-bedroom FMR in Vermont is $1,570, so Sheldon Springs is 33% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Sheldon Springs, VT
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,370
$1,490
+8.8%
$1,341–$1,639
1BR
$1,510
$1,650
+9.3%
$1,485–$1,815
2BR
$1,960
$2,080
+6.1%
$1,872–$2,288
3BR
$2,510
$2,630
+4.8%
$2,367–$2,893
4BR
$2,600
$2,730
+5.0%
$2,457–$3,003
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Sheldon Springs, VT
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,490
$1,650
$2,080
$2,630
$2,730
FY 2026
$1,370
$1,510
$1,960
$2,510
$2,600
FY 2025
$1,210
$1,300
$1,700
$2,160
$2,270
FY 2024
$1,120
$1,200
$1,570
$1,990
$2,090
FY 2023
$960
$1,050
$1,360
$1,670
$1,840
Questions about Sheldon Springs, VT rents
How much will Section 8 pay for a two-bedroom in Sheldon Springs, VT?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,165, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,949 to $2,382 a month; under the ZIP-level Small Area FMR of $2,080 it would be $1,872 to $2,288. 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 Sheldon Springs, VT in?
Sheldon Springs, VT is in the Burlington-South Burlington, VT MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,165.
How much did fair market rent change in Sheldon Springs, VT for FY 2027?
The two-bedroom FMR rose 6.1%, from $1,960 in FY 2026 to $2,080 in FY 2027. Since FY 2023 it has risen 52.9%.
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