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CT/Litchfield County/06796

06796

ZIPSAFMR
Litchfield County, CT
Zillow

ZIP Investment Score

59Below average

095130300
BRFMR
Eff. Rent
0 BR$1,420$1,420
1 BR$1,670$1,670
2 BR$2,040$2,040
3 BR$2,690$2,690
4 BR$3,080$3,080
5 BR$3,542Not available
6 BR$4,073Not available
7 BR$4,684Not available
8 BR$5,387Not available

Purchase Price Calculator

Maximum purchase price
$241,227

Cost breakdown

+Likely effective rent$2,040
HUD FMRUsed$2,040
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,220
Loan amount$192,981
Down payment$48,245
Rate6.50%
Term30 years
-Operating costs-$620
Property taxes-$241
Insurance-$175
Utilities$0
HOA$0
Management-$204
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$32,662(67.7% ROI)
Projected value
$259,775
Return breakdown
Property appreciation+$18,548
Loan principal paid down+$6,914
Rental cash flow+$7,200
5-year hold
+$56,029(116.1% ROI)
Projected value
$272,926
Return breakdown
Property appreciation+$31,699
Loan principal paid down+$12,330
Rental cash flow+$12,000
10-year hold
+$120,943(250.7% ROI)
Projected value
$308,791
Return breakdown
Property appreciation+$67,564
Loan principal paid down+$29,379
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 06796 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 06796 (Litchfield County, CT) is $2,040 a month. That is down 6.8% from $2,190 in FY 2026. Among 36 ZIP codes in Litchfield County, 06796 has the 13th-highest two-bedroom rent (county range $1,460–$3,400). The median county two-bedroom FMR in Connecticut is $1,933, so ZIP 06796 is 6% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 06796
BedroomsFY 2027Change90–110% range
Studio$1,420−6.0%$1,278–$1,562
1BR$1,670−6.7%$1,503–$1,837
2BR$2,040−6.8%$1,836–$2,244
3BR$2,690−4.6%$2,421–$2,959
4BR$3,080−3.4%$2,772–$3,388

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 06796
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,420$1,670$2,040$2,690$3,080
FY 2026$1,510$1,790$2,190$2,820$3,190
FY 2025$1,360$1,610$1,990$2,490$2,840
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. 06796
06782$1,990−2.5%
06783$2,260+10.8%
06785$2,260+10.8%
06786$1,610−21.1%
06787$1,610−21.1%
06790$1,500−26.5%
06791$2,010−1.5%
06793$2,210+8.3%
06794$2,340+14.7%
06795$1,610−21.1%
06796Current$2,040—
06798$2,140+4.9%

Questions about ZIP 06796 rents

How much will Section 8 pay for a two-bedroom in ZIP 06796?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,040, that basic range is $1,836 to $2,244 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 06796 for FY 2027?

The two-bedroom FMR fell 6.8%, from $2,190 in FY 2026 to $2,040 in FY 2027. Since FY 2025 it has risen 2.5%.

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