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Chittenden County/Jericho/05465

05465

ZIPSAFMR
Chittenden County, VT
Zillow

ZIP Investment Score

69Below average

095130300
BRFMR
Eff. Rent
0 BR$1,520$1,520
1 BR$1,680$1,680
2 BR$2,120$2,120
3 BR$2,680$2,680
4 BR$2,790$2,790
5 BR$3,208Not available
6 BR$3,690Not available
7 BR$4,243Not available
8 BR$4,880Not available

Purchase Price Calculator

Maximum purchase price
$253,115

Cost breakdown

+Likely effective rent$2,120
HUD FMRUsed$2,120
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,280
Loan amount$202,492
Down payment$50,623
Rate6.50%
Term30 years
-Operating costs-$640
Property taxes-$253
Insurance-$175
Utilities$0
HOA$0
Management-$212
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,917(67.0% ROI)
Projected value
$272,577
Return breakdown
Property appreciation+$19,462
Loan principal paid down+$7,255
Rental cash flow+$7,200
5-year hold
+$58,199(115.0% ROI)
Projected value
$286,376
Return breakdown
Property appreciation+$33,261
Loan principal paid down+$12,937
Rental cash flow+$12,000
10-year hold
+$125,721(248.3% ROI)
Projected value
$324,008
Return breakdown
Property appreciation+$70,893
Loan principal paid down+$30,827
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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ZIP 05465 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 05465 (Jericho, VT) is $2,120 a month. That is up 15.8% from $1,830 in FY 2026. Jericho 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. Among 28 ZIP codes in Chittenden County, 05465 is tied for the 19th-highest two-bedroom rent (county range $1,930–$2,630). The median county two-bedroom FMR in Vermont is $1,570, so ZIP 05465 is 35% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 05465
BedroomsFY 2027Change90–110% range
Studio$1,520+18.8%$1,368–$1,672
1BR$1,680+19.1%$1,512–$1,848
2BR$2,120+15.8%$1,908–$2,332
3BR$2,680+14.0%$2,412–$2,948
4BR$2,790+15.3%$2,511–$3,069

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 05465
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,520$1,680$2,120$2,680$2,790
FY 2026$1,280$1,410$1,830$2,350$2,420
FY 2025$1,210$1,300$1,700$2,160$2,270
FY 2024$1,030$1,120$1,460$1,800$1,960
FY 2023$930$1,070$1,380$1,710$1,870

Two-bedroom rent in nearby Chittenden County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 05465
05446$1,970−7.1%
05449$2,240+5.7%
05451$2,240+5.7%
05452$2,060−2.8%
05453$2,240+5.7%
05454$1,930−9.0%
05461$2,200+3.8%
05462$2,1200.0%
05465Current$2,120—
05468$2,200+3.8%
05477$2,320+9.4%
05482$1,940−8.5%

Questions about ZIP 05465 rents

How much will Section 8 pay for a two-bedroom in ZIP 05465?

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 $2,120 it would be $1,908 to $2,332. 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 05465 in?

ZIP 05465 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 ZIP 05465 for FY 2027?

The two-bedroom FMR rose 15.8%, from $1,830 in FY 2026 to $2,120 in FY 2027. Since FY 2023 it has risen 53.6%.

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 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

County fair market rentJericho, VT fair market rentVT statewide rentsWhat is SAFMR?Data sources