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Franklin County/Milton/05468

05468

ZIPSAFMR
Franklin County, VT
Zillow

ZIP Investment Score

92Below average

095130300
BRFMR
Eff. Rent
0 BR$1,580$1,580
1 BR$1,750$1,750
2 BR$2,200$2,200
3 BR$2,780$2,780
4 BR$2,890$2,890
5 BR$3,323Not available
6 BR$3,822Not available
7 BR$4,395Not available
8 BR$5,055Not available

Purchase Price Calculator

Maximum purchase price
$265,003

Cost breakdown

+Likely effective rent$2,200
HUD FMRUsed$2,200
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,340
Loan amount$212,002
Down payment$53,001
Rate6.50%
Term30 years
-Operating costs-$660
Property taxes-$265
Insurance-$175
Utilities$0
HOA$0
Management-$220
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,172(66.4% ROI)
Projected value
$285,379
Return breakdown
Property appreciation+$20,376
Loan principal paid down+$7,596
Rental cash flow+$7,200
5-year hold
+$60,368(113.9% ROI)
Projected value
$299,826
Return breakdown
Property appreciation+$34,824
Loan principal paid down+$13,545
Rental cash flow+$12,000
10-year hold
+$130,498(246.2% ROI)
Projected value
$339,226
Return breakdown
Property appreciation+$74,223
Loan principal paid down+$32,275
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 05468 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 05468 (Milton, VT) is $2,200 a month. That is up 0.9% from $2,180 in FY 2026. Milton 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 20 ZIP codes in Franklin County, 05468 has the highest two-bedroom rent (county range $1,930–$2,200). The median county two-bedroom FMR in Vermont is $1,570, so ZIP 05468 is 40% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 05468
BedroomsFY 2027Change90–110% range
Studio$1,580+3.9%$1,422–$1,738
1BR$1,750+4.2%$1,575–$1,925
2BR$2,200+0.9%$1,980–$2,420
3BR$2,780−0.7%$2,502–$3,058
4BR$2,8900.0%$2,601–$3,179

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 05468
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,580$1,750$2,200$2,780$2,890
FY 2026$1,520$1,680$2,180$2,800$2,890
FY 2025$1,400$1,490$1,960$2,520$2,600
FY 2024$1,350$1,450$1,900$2,410$2,530
FY 2023$1,120$1,220$1,590$1,950$2,140

Two-bedroom rent in nearby Franklin County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 05468
05454$1,930−12.3%
05455$1,930−12.3%
05457$1,990−9.5%
05459$1,940−11.8%
05460$1,930−12.3%
05464$1,930−12.3%
05468Current$2,200—
05470$1,930−12.3%
05471$1,930−12.3%
05476$1,930−12.3%
05478$1,930−12.3%
05481$1,930−12.3%

Questions about ZIP 05468 rents

How much will Section 8 pay for a two-bedroom in ZIP 05468?

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 $2,200 it would be $1,980 to $2,420. 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 05468 in?

ZIP 05468 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 05468 for FY 2027?

The two-bedroom FMR rose 0.9%, from $2,180 in FY 2026 to $2,200 in FY 2027. Since FY 2023 it has risen 38.4%.

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

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