05759

ZIPSAFMR

Rutland County, VT

ZIP Investment Score

94Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,220	$1,320	7.2%
1 BR	$1,220	$1,340	7.0%
2 BR	$1,600	$1,720	9.3%
3 BR	$1,910	$1,960	7.0%
4 BR	$2,230	$1,960	3.6%
5 BR	$2,565	Not available	3.6%
6 BR	$2,949	Not available	3.6%
7 BR	$3,392	Not available	3.6%
8 BR	$3,900	Not available	3.6%

Purchase Price Calculator

Maximum purchase price

$193,675

Cost breakdown

+Likely effective rent$1,720

HUD FMR$1,600

Market rent$1,790

Est. payment standard (108%)Used$1,720

-Principal and interest-$979

Loan amount$154,940

Down payment$38,735

Rate6.50%

Term30 years

-Operating costs-$541

Property taxes-$194

Insurance-$175

Utilities$0

HOA$0

Management-$172

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$27,643(71.4% ROI)

Projected value

$208,567

Return breakdown

Property appreciation+$14,892

Loan principal paid down+$5,551

Rental cash flow+$7,200

5-year hold

+$47,350(122.2% ROI)

Projected value

$219,125

Return breakdown

Property appreciation+$25,450

Loan principal paid down+$9,899

Rental cash flow+$12,000

10-year hold

+$101,833(262.9% ROI)

Projected value

$247,920

Return breakdown

Property appreciation+$54,245

Loan principal paid down+$23,588

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.88ratio

FMR$1,220

Market$1,380

vs market-$160

FMR is below market; voucher rent may lag private rents.

0.88

1 BR

0.84ratio

FMR$1,220

Market$1,460

vs market-$240

FMR is below market; voucher rent may lag private rents.

0.84

2 BR

0.89ratio

FMR$1,600

Market$1,790

vs market-$190

FMR is below market; voucher rent may lag private rents.

0.89

3 BR

0.96ratio

FMR$1,910

Market$1,990

vs market-$80

FMR is near market; voucher and private rents are aligned.

0.96

4 BR

1.14ratio

FMR$2,230

Market$1,960

vs market+$270

FMR is above market; underwrite to market rent.

1.14

0.700.800.901.001.101.201.30aligned range

Historical

FY 2023-2027

FMR: FY2027
Market rent: last ~365 days
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 05759 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 05759 (North Clarendon, VT) is $1,600 a month. That is up 15.9% from $1,380 in FY 2026. North Clarendon 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, 05759 is tied for the 13th-highest two-bedroom rent (county range $1,300–$2,020). The median county two-bedroom FMR in Vermont is $1,570, so ZIP 05759 is 2% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 05759
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,050	$1,220	+16.2%	$1,098–$1,342
1BR	$1,050	$1,220	+16.2%	$1,098–$1,342
2BR	$1,380	$1,600	+15.9%	$1,440–$1,760
3BR	$1,680	$1,910	+13.7%	$1,719–$2,101
4BR	$2,040	$2,230	+9.3%	$2,007–$2,453

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 05759
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,220	$1,220	$1,600	$1,910	$2,230
FY 2026	$1,050	$1,050	$1,380	$1,680	$2,040
FY 2025	$1,040	$1,050	$1,320	$1,630	$2,040
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 code	2 bedroom	vs. 05759
05750	$1,540	−3.7%
05751	$1,820	+13.8%
05757	$1,690	+5.6%
05758	$1,600	0.0%
05759Current	$1,600	—
05760	$1,490	−6.9%
05761	$2,020	+26.3%
05762	$1,490	−6.9%
05763	$1,580	−1.2%
05764	$1,400	−12.5%
05765	$1,620	+1.3%
05767	$1,300	−18.7%

Questions about ZIP 05759 rents

How much will Section 8 pay for a two-bedroom in ZIP 05759?

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 $1,600 it would be $1,440 to $1,760. 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 05759 in?

ZIP 05759 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 05759 for FY 2027?

The two-bedroom FMR rose 15.9%, from $1,380 in FY 2026 to $1,600 in FY 2027. Since FY 2025 it has risen 21.2%.

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 rent North Clarendon, VT fair market rent VT statewide rents What is SAFMR?Data sources