FY2027 Small Area FMR · Burlington, VT

ZIP 05401 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 05401 (Burlington, VT) is $2,420 a month, up 3.4% from FY2026. That is 12% above the Burlington-South Burlington, VT area-wide FMR of $2,165.

2-bedroom SAFMR$2,420per month ▲ 3.4%

Area-wide 2 BR FMR$2,165Burlington-South Burlington,

Rank in the area2ndof 51 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,178

2 BR Small Area FMR$2,420

110% of SAFMR$2,662

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,730▲ 5.5%

1 BR$1,920▲ 6.1%

2 BR$2,420▲ 3.4%

3 BR$3,060▲ 2.0%

4 BR$3,180▲ 2.6%

FY2027 FY2026

Where 05401 sits in the Burlington-South Burlington, VT area

Of the 51 ZIP codes HUD lists for the area, 05401 has the 2nd highest two-bedroom Small Area FMR. Burlington-South Burlington, VT is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $2,165 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,420 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,730	$1,557 – $1,903	$1,550	$1,640
1 bedroom	$1,920	$1,728 – $2,112	$1,719	$1,810
2 bedrooms	$2,420	$2,178 – $2,662	$2,165	$2,340
3 bedrooms	$3,060	$2,754 – $3,366	$2,733	$3,000
4 bedrooms	$3,180	$2,862 – $3,498	$2,845	$3,100

A household renting a two-bedroom home at the Small Area FMR of $2,420 needs about $96,800 a year to keep housing costs at 30% of income. The area median family income is $123,400 and the 80% low-income limit for four people is $99,750. ZIP code 05401 lies mainly in Chittenden County. See the Burlington-South Burlington, VT metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
05405	Burlington	0.7 mi	$2,420
05404	Winooski	1.8 mi	$2,320
05439	Colchester	2.5 mi	$2,060
05403	South Burlington	2.8 mi	$2,410
05408	Burlington	3.1 mi	$2,260
05446	Colchester	4.6 mi	$1,970

Questions

What is the Fair Market Rent for ZIP code 05401?

HUD's FY2027 Small Area Fair Market Rents for 05401 are $1,730 (studio), $1,920 (1 BR), $2,420 (2 BR), $3,060 (3 BR) and $3,180 (4 BR) a month.

What is the Section 8 payment standard in 05401?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 05401 that range is $2,178 to $2,662 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 05401?

The FY2026 income limits of the Burlington-South Burlington, VT area apply: median family income $123,400, low-income (80%) limit $99,750 for a family of four.