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CT/Fairfield County/06482

06482

ZIPSAFMR
Fairfield County, CT
Zillow

ZIP Investment Score

67Below average

095130300
BRFMR
Eff. Rent
0 BR$1,620$1,620
1 BR$2,000$2,000
2 BR$2,320$2,320
3 BR$2,780$2,780
4 BR$3,460$3,460
5 BR$3,979Not available
6 BR$4,576Not available
7 BR$5,262Not available
8 BR$6,052Not available

Purchase Price Calculator

Maximum purchase price
$282,835

Cost breakdown

+Likely effective rent$2,320
HUD FMRUsed$2,320
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,430
Loan amount$226,268
Down payment$56,567
Rate6.50%
Term30 years
-Operating costs-$690
Property taxes-$283
Insurance-$175
Utilities$0
HOA$0
Management-$232
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,054(65.5% ROI)
Projected value
$304,582
Return breakdown
Property appreciation+$21,747
Loan principal paid down+$8,107
Rental cash flow+$7,200
5-year hold
+$63,623(112.5% ROI)
Projected value
$320,001
Return breakdown
Property appreciation+$37,167
Loan principal paid down+$14,456
Rental cash flow+$12,000
10-year hold
+$137,664(243.4% ROI)
Projected value
$362,052
Return breakdown
Property appreciation+$79,218
Loan principal paid down+$34,447
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 06482 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 06482 (Fairfield County, CT) is $2,320 a month. That is down 8.3% from $2,530 in FY 2026. Among 46 ZIP codes in Fairfield County, 06482 has the 35th-highest two-bedroom rent (county range $2,260–$3,600). The median county two-bedroom FMR in Connecticut is $1,933, so ZIP 06482 is 20% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 06482
BedroomsFY 2027Change90–110% range
Studio$1,620−6.9%$1,458–$1,782
1BR$2,000−5.7%$1,800–$2,200
2BR$2,320−8.3%$2,088–$2,552
3BR$2,780−9.2%$2,502–$3,058
4BR$3,460−4.7%$3,114–$3,806

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 06482
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,620$2,000$2,320$2,780$3,460
FY 2026$1,740$2,120$2,530$3,060$3,630
FY 2025$1,670$2,050$2,440$3,100$3,360
FY 2024$1,740$2,100$2,560$3,270$3,450
FY 2023$1,570$1,890$2,350$2,990$3,190

Two-bedroom rent in nearby Fairfield County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 06482
06468$2,260−2.6%
06470$2,460+6.0%
06482Current$2,320—
06484$2,260−2.6%
06604$2,260−2.6%
06605$2,260−2.6%
06606$2,260−2.6%
06607$2,260−2.6%
06608$2,260−2.6%
06610$2,260−2.6%
06611$3,290+41.8%
06612$3,600+55.2%

Questions about ZIP 06482 rents

How much will Section 8 pay for a two-bedroom in ZIP 06482?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,320, that basic range is $2,088 to $2,552 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 06482 for FY 2027?

The two-bedroom FMR fell 8.3%, from $2,530 in FY 2026 to $2,320 in FY 2027. Since FY 2023 it has fallen 1.3%.

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