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CT/Hartford County/06074

06074

ZIPSAFMR
Hartford County, CT
Zillow

ZIP Investment Score

95Above average

095130300
BRFMR
Eff. Rent
0 BR$1,670$1,670
1 BR$1,920$1,920
2 BR$2,400$2,400
3 BR$2,860$2,860
4 BR$3,160$3,160
5 BR$3,634Not available
6 BR$4,179Not available
7 BR$4,806Not available
8 BR$5,527Not available

Purchase Price Calculator

Maximum purchase price
$294,723

Cost breakdown

+Likely effective rent$2,400
HUD FMRUsed$2,400
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,490
Loan amount$235,778
Down payment$58,945
Rate6.50%
Term30 years
-Operating costs-$710
Property taxes-$295
Insurance-$175
Utilities$0
HOA$0
Management-$240
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$38,309(65.0% ROI)
Projected value
$317,384
Return breakdown
Property appreciation+$22,661
Loan principal paid down+$8,447
Rental cash flow+$7,200
5-year hold
+$65,793(111.6% ROI)
Projected value
$333,451
Return breakdown
Property appreciation+$38,729
Loan principal paid down+$15,064
Rental cash flow+$12,000
10-year hold
+$142,442(241.7% ROI)
Projected value
$377,270
Return breakdown
Property appreciation+$82,547
Loan principal paid down+$35,895
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 06074 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 06074 (Hartford County, CT) is $2,400 a month. That is up 3.9% from $2,310 in FY 2026. Among 52 ZIP codes in Hartford County, 06074 has the 9th-highest two-bedroom rent (county range $1,560–$2,900). The median county two-bedroom FMR in Connecticut is $1,933, so ZIP 06074 is 24% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 06074
BedroomsFY 2027Change90–110% range
Studio$1,670+5.0%$1,503–$1,837
1BR$1,920+4.9%$1,728–$2,112
2BR$2,400+3.9%$2,160–$2,640
3BR$2,860+3.2%$2,574–$3,146
4BR$3,160+0.6%$2,844–$3,476

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 06074
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,670$1,920$2,400$2,860$3,160
FY 2026$1,590$1,830$2,310$2,770$3,140
FY 2025$1,450$1,670$2,110$2,540$3,020
FY 2024$1,460$1,710$2,150$2,600$3,150
FY 2023$1,320$1,590$1,970$2,400$2,930

Two-bedroom rent in nearby Hartford County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 06074
06060$2,030−15.4%
06062$1,560−35.0%
06065$1,610−32.9%
06067$2,360−1.7%
06070$2,880+20.0%
06073$1,880−21.7%
06074Current$2,400—
06078$1,920−20.0%
06081$1,670−30.4%
06082$2,100−12.5%
06085$1,770−26.2%
06088$1,980−17.5%

Questions about ZIP 06074 rents

How much will Section 8 pay for a two-bedroom in ZIP 06074?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,400, that basic range is $2,160 to $2,640 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 06074 for FY 2027?

The two-bedroom FMR rose 3.9%, from $2,310 in FY 2026 to $2,400 in FY 2027. Since FY 2023 it has risen 21.8%.

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