Skip to main content
Loading page
CT/Windham County/06278

06278

ZIPSAFMR
Windham County, CT
Zillow

ZIP Investment Score

70Below average

095130300
BRFMR
Eff. Rent
0 BR$1,180$1,180
1 BR$1,370$1,370
2 BR$1,700$1,700
3 BR$2,180$2,180
4 BR$2,310$2,310
5 BR$2,657Not available
6 BR$3,055Not available
7 BR$3,513Not available
8 BR$4,040Not available

Purchase Price Calculator

Maximum purchase price
$190,703

Cost breakdown

+Likely effective rent$1,700
HUD FMRUsed$1,700
Market rentN/A
Est. payment standardN/A
-Principal and interest-$964
Loan amount$152,562
Down payment$38,141
Rate6.50%
Term30 years
-Operating costs-$536
Property taxes-$191
Insurance-$175
Utilities$0
HOA$0
Management-$170
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,329(71.7% ROI)
Projected value
$205,366
Return breakdown
Property appreciation+$14,663
Loan principal paid down+$5,466
Rental cash flow+$7,200
5-year hold
+$46,807(122.7% ROI)
Projected value
$215,763
Return breakdown
Property appreciation+$25,060
Loan principal paid down+$9,747
Rental cash flow+$12,000
10-year hold
+$100,639(263.9% ROI)
Projected value
$244,116
Return breakdown
Property appreciation+$53,413
Loan principal paid down+$23,226
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 06278 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 06278 (Windham County, CT) is $1,700 a month. That is down 0.6% from $1,710 in FY 2026. Among 21 ZIP codes in Windham County, 06278 has the 7th-highest two-bedroom rent (county range $1,290–$2,450). The median county two-bedroom FMR in Connecticut is $1,933, so ZIP 06278 is 12% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 06278
BedroomsFY 2027Change90–110% range
Studio$1,1800.0%$1,062–$1,298
1BR$1,370−1.4%$1,233–$1,507
2BR$1,700−0.6%$1,530–$1,870
3BR$2,180−0.9%$1,962–$2,398
4BR$2,310−6.9%$2,079–$2,541

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 06278
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,180$1,370$1,700$2,180$2,310
FY 2026$1,180$1,390$1,710$2,200$2,480
FY 2025$1,170$1,260$1,650$2,020$2,420
FY 2024$1,180$1,190$1,560$1,910$2,370
FY 2023$1,000$1,010$1,330$1,660$2,160

Two-bedroom rent in nearby Windham County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 06278
06242$1,290−24.1%
06247$1,650−2.9%
06255$1,450−14.7%
06256$2,070+21.8%
06259$1,590−6.5%
06260$1,500−11.8%
06266$2,070+21.8%
06277$2,200+29.4%
06278Current$1,700—
06280$2,450+44.1%
06281$1,470−13.5%
06282$1,450−14.7%

Questions about ZIP 06278 rents

How much will Section 8 pay for a two-bedroom in ZIP 06278?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,700, that basic range is $1,530 to $1,870 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 06278 for FY 2027?

The two-bedroom FMR fell 0.6%, from $1,710 in FY 2026 to $1,700 in FY 2027. Since FY 2023 it has risen 27.8%.

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