Skip to main content
Loading page
CT/Hartford County/06117

06117

ZIPSAFMR
Hartford County, CT
Zillow

ZIP Investment Score

77Below average

095130300
BRFMR
Eff. Rent
0 BR$1,730$1,730
1 BR$1,980$1,980
2 BR$2,480$2,480
3 BR$2,950$2,950
4 BR$3,260$3,260
5 BR$3,749Not available
6 BR$4,311Not available
7 BR$4,958Not available
8 BR$5,702Not available

Purchase Price Calculator

Maximum purchase price
$306,610

Cost breakdown

+Likely effective rent$2,480
HUD FMRUsed$2,480
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,550
Loan amount$245,288
Down payment$61,322
Rate6.50%
Term30 years
-Operating costs-$730
Property taxes-$307
Insurance-$175
Utilities$0
HOA$0
Management-$248
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,564(64.5% ROI)
Projected value
$330,186
Return breakdown
Property appreciation+$23,575
Loan principal paid down+$8,788
Rental cash flow+$7,200
5-year hold
+$67,963(110.8% ROI)
Projected value
$346,902
Return breakdown
Property appreciation+$40,291
Loan principal paid down+$15,672
Rental cash flow+$12,000
10-year hold
+$147,219(240.1% ROI)
Projected value
$392,487
Return breakdown
Property appreciation+$85,877
Loan principal paid down+$37,342
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

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
--

ZIP 06117 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 06117 (Hartford County, CT) is $2,480 a month. That is up 5.1% from $2,360 in FY 2026. Among 52 ZIP codes in Hartford County, 06117 has the 5th-highest two-bedroom rent (county range $1,560–$2,900). The median county two-bedroom FMR in Connecticut is $1,933, so ZIP 06117 is 28% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 06117
BedroomsFY 2027Change90–110% range
Studio$1,730+6.1%$1,557–$1,903
1BR$1,980+5.9%$1,782–$2,178
2BR$2,480+5.1%$2,232–$2,728
3BR$2,950+4.2%$2,655–$3,245
4BR$3,260+1.6%$2,934–$3,586

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 06117
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,730$1,980$2,480$2,950$3,260
FY 2026$1,630$1,870$2,360$2,830$3,210
FY 2025$1,470$1,690$2,140$2,580$3,060
FY 2024$1,440$1,700$2,130$2,580$3,120
FY 2023$1,200$1,450$1,800$2,190$2,670

Two-bedroom rent in nearby Hartford County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 06117
06106$1,640−33.9%
06107$2,490+0.4%
06108$1,660−33.1%
06109$1,870−24.6%
06110$2,260−8.9%
06111$2,060−16.9%
06112$1,870−24.6%
06114$1,800−27.4%
06117Current$2,480—
06118$1,890−23.8%
06119$2,270−8.5%
06120$1,850−25.4%

Questions about ZIP 06117 rents

How much will Section 8 pay for a two-bedroom in ZIP 06117?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,480, that basic range is $2,232 to $2,728 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 06117 for FY 2027?

The two-bedroom FMR rose 5.1%, from $2,360 in FY 2026 to $2,480 in FY 2027. Since FY 2023 it has risen 37.8%.

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