FY2027 Small Area FMR · Alburgh, VT

ZIP 05440 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 05440 (Alburgh, VT) is $1,950 a month, up 11.4% from FY2026. That is 10% below the Burlington-South Burlington, VT area-wide FMR of $2,165.

2-bedroom SAFMR$1,950per month ▲ 11.4%

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

Rank in the area31stof 51 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,755

2 BR Small Area FMR$1,950

110% of SAFMR$2,145

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

Studio$1,400▲ 12.0%

1 BR$1,550▲ 16.5%

2 BR$1,950▲ 11.4%

3 BR$2,480▲ 10.2%

4 BR$2,560▲ 10.3%

FY2027 FY2026

Where 05440 sits in the Burlington-South Burlington, VT area

Of the 51 ZIP codes HUD lists for the area, 05440 has the 31st 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 $1,950 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	$1,400	$1,260 – $1,540	$1,550	$1,250
1 bedroom	$1,550	$1,395 – $1,705	$1,719	$1,330
2 bedrooms	$1,950	$1,755 – $2,145	$2,165	$1,750
3 bedrooms	$2,480	$2,232 – $2,728	$2,733	$2,250
4 bedrooms	$2,560	$2,304 – $2,816	$2,845	$2,320

A household renting a two-bedroom home at the Small Area FMR of $1,950 needs about $78,000 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 05440 lies mainly in Grand Isle 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
12979	Rouses Point	4.6 mi	$1,130
05463	Isle La Motte	6.6 mi	$2,050
12919	Champlain	7.6 mi	$1,250
05488	Swanton	8.6 mi	$1,930
12921	Chazy	8.7 mi	$1,180
05474	North Hero	11.8 mi	$2,210

Questions

What is the Fair Market Rent for ZIP code 05440?

HUD's FY2027 Small Area Fair Market Rents for 05440 are $1,400 (studio), $1,550 (1 BR), $1,950 (2 BR), $2,480 (3 BR) and $2,560 (4 BR) a month.

What is the Section 8 payment standard in 05440?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 05440 that range is $1,755 to $2,145 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 05440?

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.