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Rutland County/Killington/05751

05751

ZIPSAFMR
Rutland County, VT
Zillow

ZIP Investment Score

76Below average

095130300
BRFMR
Eff. Rent
0 BR$1,380$1,380
1 BR$1,390$1,390
2 BR$1,820$1,820
3 BR$2,170$2,170
4 BR$2,540$2,540
5 BR$2,921Not available
6 BR$3,359Not available
7 BR$3,863Not available
8 BR$4,442Not available

Purchase Price Calculator

Maximum purchase price
$208,535

Cost breakdown

+Likely effective rent$1,820
HUD FMRUsed$1,820
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,054
Loan amount$166,828
Down payment$41,707
Rate6.50%
Term30 years
-Operating costs-$566
Property taxes-$209
Insurance-$175
Utilities$0
HOA$0
Management-$182
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,211(70.0% ROI)
Projected value
$224,569
Return breakdown
Property appreciation+$16,034
Loan principal paid down+$5,977
Rental cash flow+$7,200
5-year hold
+$50,062(120.0% ROI)
Projected value
$235,938
Return breakdown
Property appreciation+$27,403
Loan principal paid down+$10,659
Rental cash flow+$12,000
10-year hold
+$107,805(258.5% ROI)
Projected value
$266,942
Return breakdown
Property appreciation+$58,407
Loan principal paid down+$25,398
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 05751 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 05751 (Killington, VT) is $1,820 a month. That is up 2.2% from $1,780 in FY 2026. Killington is in the Rutland County, VT non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $1,541. Among 37 ZIP codes in Rutland County, 05751 has the 5th-highest two-bedroom rent (county range $1,300–$2,020). The median county two-bedroom FMR in Vermont is $1,570, so ZIP 05751 is 16% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 05751
BedroomsFY 2027Change90–110% range
Studio$1,380+2.2%$1,242–$1,518
1BR$1,390+2.2%$1,251–$1,529
2BR$1,820+2.2%$1,638–$2,002
3BR$2,1700.0%$1,953–$2,387
4BR$2,540−3.4%$2,286–$2,794

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 05751
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,380$1,390$1,820$2,170$2,540
FY 2026$1,350$1,360$1,780$2,170$2,630
FY 2025$1,390$1,400$1,760$2,170$2,720
FY 2024area FMR$991$997$1,224$1,561$2,004
FY 2023area FMR$904$911$1,088$1,440$1,825

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Rutland County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 05751
05741$1,540−15.4%
05742$1,620−11.0%
05743$1,530−15.9%
05744$1,710−6.0%
05745$1,540−15.4%
05750$1,540−15.4%
05751Current$1,820—
05757$1,690−7.1%
05758$1,600−12.1%
05759$1,600−12.1%
05760$1,490−18.1%
05761$2,020+11.0%

Questions about ZIP 05751 rents

How much will Section 8 pay for a two-bedroom in ZIP 05751?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,541, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,387 to $1,695 a month; under the ZIP-level Small Area FMR of $1,820 it would be $1,638 to $2,002. 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 05751 in?

ZIP 05751 is in the Rutland County, VT non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,541.

How much did fair market rent change in ZIP 05751 for FY 2027?

The two-bedroom FMR rose 2.2%, from $1,780 in FY 2026 to $1,820 in FY 2027. Since FY 2025 it has risen 3.4%.

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