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CT/Tolland County/06279

06279

ZIPSAFMR
Tolland County, CT
Zillow

ZIP Investment Score

67Below average

095130300
BRFMR
Eff. Rent
0 BR$1,180$1,180
1 BR$1,350$1,350
2 BR$1,690$1,690
3 BR$2,010$2,010
4 BR$2,220$2,220
5 BR$2,553Not available
6 BR$2,936Not available
7 BR$3,376Not available
8 BR$3,883Not available

Purchase Price Calculator

Maximum purchase price
$189,217

Cost breakdown

+Likely effective rent$1,690
HUD FMRUsed$1,690
Market rentN/A
Est. payment standardN/A
-Principal and interest-$957
Loan amount$151,373
Down payment$37,843
Rate6.50%
Term30 years
-Operating costs-$533
Property taxes-$189
Insurance-$175
Utilities$0
HOA$0
Management-$169
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,172(71.8% ROI)
Projected value
$203,766
Return breakdown
Property appreciation+$14,549
Loan principal paid down+$5,423
Rental cash flow+$7,200
5-year hold
+$46,536(123.0% ROI)
Projected value
$214,081
Return breakdown
Property appreciation+$24,865
Loan principal paid down+$9,671
Rental cash flow+$12,000
10-year hold
+$100,042(264.4% ROI)
Projected value
$242,214
Return breakdown
Property appreciation+$52,997
Loan principal paid down+$23,045
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 06279 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 06279 (Tolland County, CT) is $1,690 a month. That is up 3.7% from $1,630 in FY 2026. Among 14 ZIP codes in Tolland County, 06279 has the 11th-highest two-bedroom rent (county range $1,410–$2,300). The median county two-bedroom FMR in Connecticut is $1,933, so ZIP 06279 is 13% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 06279
BedroomsFY 2027Change90–110% range
Studio$1,180+5.4%$1,062–$1,298
1BR$1,350+4.7%$1,215–$1,485
2BR$1,690+3.7%$1,521–$1,859
3BR$2,010+3.1%$1,809–$2,211
4BR$2,2200.0%$1,998–$2,442

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 06279
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,180$1,350$1,690$2,010$2,220
FY 2026$1,120$1,290$1,630$1,950$2,220
FY 2025$1,030$1,190$1,500$1,810$2,140
FY 2024$1,060$1,240$1,560$1,890$2,290
FY 2023$960$1,160$1,440$1,750$2,140

Two-bedroom rent in nearby Tolland County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 06279
06066$1,920+13.6%
06071$1,770+4.7%
06076$1,620−4.1%
06084$2,090+23.7%
06231$1,850+9.5%
06232$1,780+5.3%
06237$1,410−16.6%
06238$1,930+14.2%
06248$1,980+17.2%
06250$2,190+29.6%
06268$2,050+21.3%
06279Current$1,690—

Questions about ZIP 06279 rents

How much will Section 8 pay for a two-bedroom in ZIP 06279?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,690, that basic range is $1,521 to $1,859 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 06279 for FY 2027?

The two-bedroom FMR rose 3.7%, from $1,630 in FY 2026 to $1,690 in FY 2027. Since FY 2023 it has risen 17.4%.

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