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Orleans County/Troy/05868

05868

ZIPSAFMR
Orleans County, VT
Zillow

ZIP Investment Score

129Above average

095130300
BRFMR
Eff. Rent
0 BR$1,320$1,320
1 BR$1,380$1,380
2 BR$1,690$1,690
3 BR$2,170$2,170
4 BR$2,370$2,370
5 BR$2,726Not available
6 BR$3,134Not available
7 BR$3,604Not available
8 BR$4,145Not available

Purchase Price Calculator

Maximum purchase price
$189,217

Cost breakdown

+Likely effective rent$1,690
HUD FMRUsed$1,690
Market rentN/A
Est. payment standardN/A
-Principal and interest-$957
Loan amount$151,373
Down payment$37,843
Rate6.50%
Term30 years
-Operating costs-$533
Property taxes-$189
Insurance-$175
Utilities$0
HOA$0
Management-$169
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,172(71.8% ROI)
Projected value
$203,766
Return breakdown
Property appreciation+$14,549
Loan principal paid down+$5,423
Rental cash flow+$7,200
5-year hold
+$46,536(123.0% ROI)
Projected value
$214,081
Return breakdown
Property appreciation+$24,865
Loan principal paid down+$9,671
Rental cash flow+$12,000
10-year hold
+$100,042(264.4% ROI)
Projected value
$242,214
Return breakdown
Property appreciation+$52,997
Loan principal paid down+$23,045
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
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Tax rate
--
Mortgage rate
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ZIP 05868 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 05868 (Troy, VT) is $1,690 a month. That is up 12.7% from $1,500 in FY 2026. Troy is in the Orleans 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 $1,363. Among 31 ZIP codes in Orleans County, 05868 has the 5th-highest two-bedroom rent (county range $1,070–$1,960). The median county two-bedroom FMR in Vermont is $1,570, so ZIP 05868 is 8% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 05868
BedroomsFY 2027Change90–110% range
Studio$1,320+10.9%$1,188–$1,452
1BR$1,380+10.4%$1,242–$1,518
2BR$1,690+12.7%$1,521–$1,859
3BR$2,170+12.4%$1,953–$2,387
4BR$2,370−6.0%$2,133–$2,607

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 05868
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,320$1,380$1,690$2,170$2,370
FY 2026$1,190$1,250$1,500$1,930$2,520
FY 2025$1,040$1,170$1,350$1,760$1,940
FY 2024area FMR$831$963$1,081$1,401$1,524
FY 2023area FMR$706$844$953$1,241$1,318

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

Two-bedroom rent in nearby Orleans County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 05868
05846$1,070−36.7%
05847$1,340−20.7%
05853$1,460−13.6%
05855$1,320−21.9%
05857$1,510−10.7%
05859$1,750+3.6%
05860$1,240−26.6%
05868Current$1,690—
05871$1,620−4.1%
05872$1,310−22.5%
05874$1,280−24.3%
05875$1,360−19.5%

Questions about ZIP 05868 rents

How much will Section 8 pay for a two-bedroom in ZIP 05868?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,363, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,227 to $1,499 a month; under the ZIP-level Small Area FMR of $1,690 it would be $1,521 to $1,859. 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 05868 in?

ZIP 05868 is in the Orleans County, VT non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,363.

How much did fair market rent change in ZIP 05868 for FY 2027?

The two-bedroom FMR rose 12.7%, from $1,500 in FY 2026 to $1,690 in FY 2027. Since FY 2025 it has risen 25.2%.

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