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05159

ZIPFMR
Windham County, VT
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,196$1,196
1 BR$1,304$1,304
2 BR$1,605$1,605
3 BR$1,912$1,980
4 BR$2,425$2,425
5 BR$2,789Not available
6 BR$3,207Not available
7 BR$3,688Not available
8 BR$4,241Not available

Purchase Price Calculator

Maximum purchase price
$176,586

Cost breakdown

+Likely effective rent$1,605
HUD FMRUsed$1,605
Market rentN/A
Est. payment standardN/A
-Principal and interest-$893
Loan amount$141,269
Down payment$35,317
Rate6.50%
Term30 years
-Operating costs-$512
Property taxes-$177
Insurance-$175
Utilities$0
HOA$0
Management-$161
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,839(73.2% ROI)
Projected value
$190,164
Return breakdown
Property appreciation+$13,578
Loan principal paid down+$5,061
Rental cash flow+$7,200
5-year hold
+$44,231(125.2% ROI)
Projected value
$199,791
Return breakdown
Property appreciation+$23,205
Loan principal paid down+$9,026
Rental cash flow+$12,000
10-year hold
+$94,966(268.9% ROI)
Projected value
$226,045
Return breakdown
Property appreciation+$49,459
Loan principal paid down+$21,507
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

3 BR
0.95
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 05159 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 05159 (Westminster Station, VT) is $1,605 a month. That is up 12.8% from $1,423 in FY 2026. Westminster Station is in the Windham County, VT non-metropolitan FMR area. One county-wide FMR applies to every ZIP code in it. The median county two-bedroom FMR in Vermont is $1,570, so ZIP 05159 is 2% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 05159
BedroomsFY 2027Change90–110% range
Studio$1,196+10.7%$1,076–$1,316
1BR$1,304+12.3%$1,174–$1,434
2BR$1,605+12.8%$1,445–$1,766
3BR$1,912+11.8%$1,721–$2,103
4BR$2,425+28.7%$2,183–$2,668

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 05159
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,196$1,304$1,605$1,912$2,425
FY 2026$1,080$1,161$1,423$1,710$1,884
FY 2025$1,020$1,112$1,354$1,685$1,795
FY 2024$976$1,091$1,340$1,655$1,785
FY 2023$803$945$1,150$1,426$1,545

Questions about ZIP 05159 rents

How much will Section 8 pay for a two-bedroom in ZIP 05159?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,605, that basic range is $1,445 to $1,766 a month. 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 ZIP 05159 in?

ZIP 05159 is in the Windham County, VT non-metropolitan FMR area.

How much did fair market rent change in ZIP 05159 for FY 2027?

The two-bedroom FMR rose 12.8%, from $1,423 in FY 2026 to $1,605 in FY 2027. Since FY 2023 it has risen 39.6%.

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 Fair Market Rents. 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