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Chittenden County/Westford/05494

05494

ZIPSAFMR
Chittenden County, VT
Zillow

ZIP Investment Score

102Above average

095130300
BRFMR
Eff. Rent
0 BR$1,880$1,880
1 BR$2,090$2,090
2 BR$2,630$2,630
3 BR$3,320$3,320
4 BR$3,460$3,460
5 BR$3,979Not available
6 BR$4,576Not available
7 BR$5,262Not available
8 BR$6,052Not available

Purchase Price Calculator

Maximum purchase price
$328,900

Cost breakdown

+Likely effective rent$2,630
HUD FMRUsed$2,630
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,663
Loan amount$263,120
Down payment$65,780
Rate6.50%
Term30 years
-Operating costs-$767
Property taxes-$329
Insurance-$175
Utilities$0
HOA$0
Management-$263
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$41,916(63.7% ROI)
Projected value
$354,190
Return breakdown
Property appreciation+$25,289
Loan principal paid down+$9,427
Rental cash flow+$7,200
5-year hold
+$72,031(109.5% ROI)
Projected value
$372,121
Return breakdown
Property appreciation+$43,220
Loan principal paid down+$16,811
Rental cash flow+$12,000
10-year hold
+$156,177(237.4% ROI)
Projected value
$421,020
Return breakdown
Property appreciation+$92,120
Loan principal paid down+$40,057
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 05494 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 05494 (Westford, VT) is $2,630 a month. That is up 46.9% from $1,790 in FY 2026. Westford 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, 05494 has the highest two-bedroom rent (county range $1,930–$2,630). The median county two-bedroom FMR in Vermont is $1,570, so ZIP 05494 is 68% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 05494
BedroomsFY 2027Change90–110% range
Studio$1,880+50.4%$1,692–$2,068
1BR$2,090+51.4%$1,881–$2,299
2BR$2,630+46.9%$2,367–$2,893
3BR$3,320+44.3%$2,988–$3,652
4BR$3,460+46.0%$3,114–$3,806

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 05494
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,880$2,090$2,630$3,320$3,460
FY 2026$1,250$1,380$1,790$2,300$2,370
FY 2025$1,210$1,300$1,700$2,160$2,270
FY 2024$1,030$1,120$1,460$1,790$1,960
FY 2023$930$1,050$1,350$1,670$1,840

Two-bedroom rent in nearby Chittenden County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 05494
05454$1,930−26.6%
05461$2,200−16.3%
05462$2,120−19.4%
05465$2,120−19.4%
05468$2,200−16.3%
05477$2,320−11.8%
05482$1,940−26.2%
05487$1,930−26.6%
05489$1,930−26.6%
05490$2,240−14.8%
05494Current$2,630—
05495$2,410−8.4%

Questions about ZIP 05494 rents

How much will Section 8 pay for a two-bedroom in ZIP 05494?

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 $2,630 it would be $2,367 to $2,893. 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 05494 in?

ZIP 05494 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 05494 for FY 2027?

The two-bedroom FMR rose 46.9%, from $1,790 in FY 2026 to $2,630 in FY 2027. Since FY 2023 it has risen 94.8%.

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