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CT/Fairfield County/06804

06804

ZIPSAFMR
Fairfield County, CT
Zillow

ZIP Investment Score

75Below average

095130300
BRFMR
Eff. Rent
0 BR$1,720$1,720
1 BR$2,130$2,130
2 BR$2,470$2,470
3 BR$2,960$2,960
4 BR$3,680$3,680
5 BR$4,232Not available
6 BR$4,867Not available
7 BR$5,597Not available
8 BR$6,436Not available

Purchase Price Calculator

Maximum purchase price
$305,124

Cost breakdown

+Likely effective rent$2,470
HUD FMRUsed$2,470
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,543
Loan amount$244,100
Down payment$61,025
Rate6.50%
Term30 years
-Operating costs-$727
Property taxes-$305
Insurance-$175
Utilities$0
HOA$0
Management-$247
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,407(64.6% ROI)
Projected value
$328,586
Return breakdown
Property appreciation+$23,461
Loan principal paid down+$8,745
Rental cash flow+$7,200
5-year hold
+$67,691(110.9% ROI)
Projected value
$345,220
Return breakdown
Property appreciation+$40,096
Loan principal paid down+$15,596
Rental cash flow+$12,000
10-year hold
+$146,622(240.3% ROI)
Projected value
$390,585
Return breakdown
Property appreciation+$85,461
Loan principal paid down+$37,161
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 06804 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 06804 (Fairfield County, CT) is $2,470 a month. That is down 7.1% from $2,660 in FY 2026. Among 46 ZIP codes in Fairfield County, 06804 is tied for the 28th-highest two-bedroom rent (county range $2,260–$3,600). The median county two-bedroom FMR in Connecticut is $1,933, so ZIP 06804 is 28% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 06804
BedroomsFY 2027Change90–110% range
Studio$1,720−6.0%$1,548–$1,892
1BR$2,130−4.5%$1,917–$2,343
2BR$2,470−7.1%$2,223–$2,717
3BR$2,960−8.1%$2,664–$3,256
4BR$3,680−3.4%$3,312–$4,048

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 06804
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,720$2,130$2,470$2,960$3,680
FY 2026$1,830$2,230$2,660$3,220$3,810
FY 2025$1,650$2,030$2,410$3,060$3,320
FY 2024$1,650$2,000$2,430$3,110$3,280
FY 2023$1,470$1,770$2,200$2,800$2,990

Two-bedroom rent in nearby Fairfield County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 06804
06784$2,650+7.3%
06801$2,260−8.5%
06804Current$2,470—
06807$3,290+33.2%
06810$2,430−1.6%
06811$2,260−8.5%
06812$2,500+1.2%
06820$3,180+28.7%
06824$3,150+27.5%
06825$2,620+6.1%
06830$2,910+17.8%
06831$3,140+27.1%

Questions about ZIP 06804 rents

How much will Section 8 pay for a two-bedroom in ZIP 06804?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,470, that basic range is $2,223 to $2,717 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 06804 for FY 2027?

The two-bedroom FMR fell 7.1%, from $2,660 in FY 2026 to $2,470 in FY 2027. Since FY 2023 it has risen 12.3%.

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