FY2027 Small Area FMR · Jericho, VT

ZIP 05465 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 05465 (Jericho, VT) is $2,120 a month, up 15.8% from FY2026. That is 2% below the Burlington-South Burlington, VT area-wide FMR of $2,165.

2-bedroom SAFMR$2,120per month ▲ 15.8%

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

Rank in the area20thof 51 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,908

2 BR Small Area FMR$2,120

110% of SAFMR$2,332

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

Studio$1,520▲ 18.8%

1 BR$1,680▲ 19.1%

2 BR$2,120▲ 15.8%

3 BR$2,680▲ 14.0%

4 BR$2,790▲ 15.3%

FY2027 FY2026

Where 05465 sits in the Burlington-South Burlington, VT area

Of the 51 ZIP codes HUD lists for the area, 05465 has the 20th 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 $2,120 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	$1,520	$1,368 – $1,672	$1,550	$1,280
1 bedroom	$1,680	$1,512 – $1,848	$1,719	$1,410
2 bedrooms	$2,120	$1,908 – $2,332	$2,165	$1,830
3 bedrooms	$2,680	$2,412 – $2,948	$2,733	$2,350
4 bedrooms	$2,790	$2,511 – $3,069	$2,845	$2,420

A household renting a two-bedroom home at the Small Area FMR of $2,120 needs about $84,800 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 05465 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
05477	Richmond	3.3 mi	$2,320
05452	Essex Junction	7.1 mi	$2,060
05489	Underhill	7.5 mi	$1,930
05495	Williston	7.6 mi	$2,410
05494	Westford	10.2 mi	$2,630
05462	Huntington	10.5 mi	$2,120

Questions

What is the Fair Market Rent for ZIP code 05465?

HUD's FY2027 Small Area Fair Market Rents for 05465 are $1,520 (studio), $1,680 (1 BR), $2,120 (2 BR), $2,680 (3 BR) and $2,790 (4 BR) a month.

What is the Section 8 payment standard in 05465?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 05465 that range is $1,908 to $2,332 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 05465?

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.