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CT/Litchfield County/06755

06755

ZIPSAFMR
Litchfield County, CT
Zillow

ZIP Investment Score

96Above average

095130300
BRFMR
Eff. Rent
0 BR$1,700$1,700
1 BR$2,100$2,100
2 BR$2,440$2,440
3 BR$2,970$2,970
4 BR$3,630$3,630
5 BR$4,175Not available
6 BR$4,801Not available
7 BR$5,521Not available
8 BR$6,349Not available

Purchase Price Calculator

Maximum purchase price
$300,667

Cost breakdown

+Likely effective rent$2,440
HUD FMRUsed$2,440
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,520
Loan amount$240,533
Down payment$60,133
Rate6.50%
Term30 years
-Operating costs-$720
Property taxes-$301
Insurance-$175
Utilities$0
HOA$0
Management-$244
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$38,936(64.7% ROI)
Projected value
$323,785
Return breakdown
Property appreciation+$23,118
Loan principal paid down+$8,618
Rental cash flow+$7,200
5-year hold
+$66,878(111.2% ROI)
Projected value
$340,177
Return breakdown
Property appreciation+$39,510
Loan principal paid down+$15,368
Rental cash flow+$12,000
10-year hold
+$144,831(240.8% ROI)
Projected value
$384,879
Return breakdown
Property appreciation+$84,212
Loan principal paid down+$36,618
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 06755 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 06755 (Litchfield County, CT) is $2,440 a month. That is down 10.0% from $2,710 in FY 2026. Among 36 ZIP codes in Litchfield County, 06755 has the 2nd-highest two-bedroom rent (county range $1,460–$3,400). The median county two-bedroom FMR in Connecticut is $1,933, so ZIP 06755 is 26% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 06755
BedroomsFY 2027Change90–110% range
Studio$1,700−9.1%$1,530–$1,870
1BR$2,100−7.5%$1,890–$2,310
2BR$2,440−10.0%$2,196–$2,684
3BR$2,970−9.7%$2,673–$3,267
4BR$3,630−6.7%$3,267–$3,993

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 06755
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,700$2,100$2,440$2,970$3,630
FY 2026$1,870$2,270$2,710$3,290$3,890
FY 2025$1,460$1,760$2,130$2,690$2,980
FY 2024area FMR$1,006$1,160$1,484$1,819$2,024
FY 2023area FMR$925$1,067$1,384$1,684$1,859

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Litchfield County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 06755
06750$1,460−40.2%
06751$1,610−34.0%
06752$3,400+39.3%
06754$1,970−19.3%
06755Current$2,440—
06756$2,180−10.7%
06757$1,830−25.0%
06759$1,850−24.2%
06763$1,510−38.1%
06776$2,400−1.6%
06777$2,340−4.1%
06778$1,610−34.0%

Questions about ZIP 06755 rents

How much will Section 8 pay for a two-bedroom in ZIP 06755?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,440, that basic range is $2,196 to $2,684 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 06755 for FY 2027?

The two-bedroom FMR fell 10.0%, from $2,710 in FY 2026 to $2,440 in FY 2027. Since FY 2025 it has risen 14.6%.

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