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CT/Litchfield County/06757

06757

ZIPSAFMR
Litchfield County, CT
Zillow

ZIP Investment Score

61Below average

095130300
BRFMR
Eff. Rent
0 BR$1,260$1,260
1 BR$1,480$1,480
2 BR$1,830$1,830
3 BR$2,340$2,340
4 BR$2,610$2,610
5 BR$3,001Not available
6 BR$3,452Not available
7 BR$3,969Not available
8 BR$4,565Not available

Purchase Price Calculator

Maximum purchase price
$210,021

Cost breakdown

+Likely effective rent$1,830
HUD FMRUsed$1,830
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,062
Loan amount$168,017
Down payment$42,004
Rate6.50%
Term30 years
-Operating costs-$568
Property taxes-$210
Insurance-$175
Utilities$0
HOA$0
Management-$183
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,368(69.9% ROI)
Projected value
$226,169
Return breakdown
Property appreciation+$16,149
Loan principal paid down+$6,020
Rental cash flow+$7,200
5-year hold
+$50,333(119.8% ROI)
Projected value
$237,619
Return breakdown
Property appreciation+$27,598
Loan principal paid down+$10,735
Rental cash flow+$12,000
10-year hold
+$108,402(258.1% ROI)
Projected value
$268,844
Return breakdown
Property appreciation+$58,824
Loan principal paid down+$25,579
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 06757 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 06757 (Litchfield County, CT) is $1,830 a month. That is down 9.9% from $2,030 in FY 2026. Among 36 ZIP codes in Litchfield County, 06757 has the 19th-highest two-bedroom rent (county range $1,460–$3,400). The median county two-bedroom FMR in Connecticut is $1,933, so ZIP 06757 is 5% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 06757
BedroomsFY 2027Change90–110% range
Studio$1,260−10.0%$1,134–$1,386
1BR$1,480−9.8%$1,332–$1,628
2BR$1,830−9.9%$1,647–$2,013
3BR$2,340−9.7%$2,106–$2,574
4BR$2,610−10.0%$2,349–$2,871

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 06757
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,260$1,480$1,830$2,340$2,610
FY 2026$1,400$1,640$2,030$2,590$2,900
FY 2025$1,330$1,560$1,940$2,440$2,750
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. 06757
06750$1,460−20.2%
06751$1,610−12.0%
06752$3,400+85.8%
06754$1,970+7.7%
06755$2,440+33.3%
06756$2,180+19.1%
06757Current$1,830—
06759$1,850+1.1%
06763$1,510−17.5%
06776$2,400+31.1%
06777$2,340+27.9%
06778$1,610−12.0%

Questions about ZIP 06757 rents

How much will Section 8 pay for a two-bedroom in ZIP 06757?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,830, that basic range is $1,647 to $2,013 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 06757 for FY 2027?

The two-bedroom FMR fell 9.9%, from $2,030 in FY 2026 to $1,830 in FY 2027. Since FY 2025 it has fallen 5.7%.

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