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CT/Tolland County/06043

06043

ZIPSAFMR
Tolland County, CT
Zillow

ZIP Investment Score

43Below average

095130300
BRFMR
Eff. Rent
0 BR$1,050$1,050
1 BR$1,210$1,210
2 BR$1,510$1,510
3 BR$1,800$1,800
4 BR$2,000$2,000
5 BR$2,300Not available
6 BR$2,645Not available
7 BR$3,042Not available
8 BR$3,498Not available

Purchase Price Calculator

Maximum purchase price
$162,469

Cost breakdown

+Likely effective rent$1,510
HUD FMRUsed$1,510
Market rentN/A
Est. payment standardN/A
-Principal and interest-$822
Loan amount$129,975
Down payment$32,494
Rate6.50%
Term30 years
-Operating costs-$488
Property taxes-$162
Insurance-$175
Utilities$0
HOA$0
Management-$151
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,349(74.9% ROI)
Projected value
$174,961
Return breakdown
Property appreciation+$12,492
Loan principal paid down+$4,657
Rental cash flow+$7,200
5-year hold
+$41,654(128.2% ROI)
Projected value
$183,819
Return breakdown
Property appreciation+$21,350
Loan principal paid down+$8,304
Rental cash flow+$12,000
10-year hold
+$89,292(274.8% ROI)
Projected value
$207,974
Return breakdown
Property appreciation+$45,505
Loan principal paid down+$19,787
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 06043 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 06043 (Tolland County, CT) is $1,510 a month. That is down 7.4% from $1,630 in FY 2026. Among 14 ZIP codes in Tolland County, 06043 has the 13th-highest two-bedroom rent (county range $1,410–$2,300). The median county two-bedroom FMR in Connecticut is $1,933, so ZIP 06043 is 22% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 06043
BedroomsFY 2027Change90–110% range
Studio$1,050−6.2%$945–$1,155
1BR$1,210−6.2%$1,089–$1,331
2BR$1,510−7.4%$1,359–$1,661
3BR$1,800−7.7%$1,620–$1,980
4BR$2,000−9.9%$1,800–$2,200

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 06043
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,050$1,210$1,510$1,800$2,000
FY 2026$1,120$1,290$1,630$1,950$2,220
FY 2025$1,080$1,240$1,570$1,890$2,240
FY 2024$1,100$1,290$1,620$1,960$2,370
FY 2023$940$1,130$1,400$1,700$2,080

Two-bedroom rent in nearby Tolland County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 06043
06029$2,300+52.3%
06043Current$1,510—
06066$1,920+27.2%
06071$1,770+17.2%
06076$1,620+7.3%
06084$2,090+38.4%
06231$1,850+22.5%
06232$1,780+17.9%
06237$1,410−6.6%
06238$1,930+27.8%
06248$1,980+31.1%
06250$2,190+45.0%

Questions about ZIP 06043 rents

How much will Section 8 pay for a two-bedroom in ZIP 06043?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,510, that basic range is $1,359 to $1,661 a month. 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.

How much did fair market rent change in ZIP 06043 for FY 2027?

The two-bedroom FMR fell 7.4%, from $1,630 in FY 2026 to $1,510 in FY 2027. Since FY 2023 it has risen 7.9%.

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. 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 rentCT statewide rentsWhat is SAFMR?Data sources