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CT/Litchfield County/06057

06057

ZIPSAFMR
Litchfield County, CT
Zillow

ZIP Investment Score

60Below average

095130300
BRFMR
Eff. Rent
0 BR$1,130$1,130
1 BR$1,330$1,330
2 BR$1,620$1,620
3 BR$2,140$2,140
4 BR$2,450$2,450
5 BR$2,818Not available
6 BR$3,240Not available
7 BR$3,726Not available
8 BR$4,285Not available

Purchase Price Calculator

Maximum purchase price
$178,815

Cost breakdown

+Likely effective rent$1,620
HUD FMRUsed$1,620
Market rentN/A
Est. payment standardN/A
-Principal and interest-$904
Loan amount$143,052
Down payment$35,763
Rate6.50%
Term30 years
-Operating costs-$516
Property taxes-$179
Insurance-$175
Utilities$0
HOA$0
Management-$162
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,074(72.9% ROI)
Projected value
$192,564
Return breakdown
Property appreciation+$13,749
Loan principal paid down+$5,125
Rental cash flow+$7,200
5-year hold
+$44,637(124.8% ROI)
Projected value
$202,313
Return breakdown
Property appreciation+$23,498
Loan principal paid down+$9,140
Rental cash flow+$12,000
10-year hold
+$95,861(268.0% ROI)
Projected value
$228,898
Return breakdown
Property appreciation+$50,083
Loan principal paid down+$21,778
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 06057 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 06057 (Litchfield County, CT) is $1,620 a month. That is up 2.5% from $1,580 in FY 2026. Among 36 ZIP codes in Litchfield County, 06057 has the 23rd-highest two-bedroom rent (county range $1,460–$3,400). The median county two-bedroom FMR in Connecticut is $1,933, so ZIP 06057 is 16% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 06057
BedroomsFY 2027Change90–110% range
Studio$1,130+4.6%$1,017–$1,243
1BR$1,330+3.9%$1,197–$1,463
2BR$1,620+2.5%$1,458–$1,782
3BR$2,140+7.0%$1,926–$2,354
4BR$2,450+8.9%$2,205–$2,695

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 06057
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,130$1,330$1,620$2,140$2,450
FY 2026$1,080$1,280$1,580$2,000$2,250
FY 2025$1,200$1,420$1,750$2,190$2,500
FY 2024area FMR$1,006$1,160$1,484$1,819$2,024
FY 2023area FMR$925$1,067$1,384$1,684$1,859

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

Two-bedroom rent in nearby Litchfield County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 06057
06018$1,600−1.2%
06021$1,780+9.9%
06024$1,800+11.1%
06031$2,250+38.9%
06039$1,550−4.3%
06057Current$1,620—
06058$1,500−7.4%
06063$1,590−1.9%
06068$1,900+17.3%
06069$2,180+34.6%
06098$1,510−6.8%
06750$1,460−9.9%

Questions about ZIP 06057 rents

How much will Section 8 pay for a two-bedroom in ZIP 06057?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,620, that basic range is $1,458 to $1,782 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 06057 for FY 2027?

The two-bedroom FMR rose 2.5%, from $1,580 in FY 2026 to $1,620 in FY 2027. Since FY 2025 it has fallen 7.4%.

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. 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