FY2027 Small Area FMR · Sheldon Springs, VT

ZIP 05485 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 05485 (Sheldon Springs, VT) is $2,080 a month, up 6.1% from FY2026. That is 4% below the Burlington-South Burlington, VT area-wide FMR of $2,165.

2-bedroom SAFMR$2,080per month ▲ 6.1%

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

Rank in the area22ndof 51 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,872

2 BR Small Area FMR$2,080

110% of SAFMR$2,288

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

Studio$1,490▲ 8.8%

1 BR$1,650▲ 9.3%

2 BR$2,080▲ 6.1%

3 BR$2,630▲ 4.8%

4 BR$2,730▲ 5.0%

FY2027 FY2026

Where 05485 sits in the Burlington-South Burlington, VT area

Of the 51 ZIP codes HUD lists for the area, 05485 has the 22nd 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 $2,080 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	$1,490	$1,341 – $1,639	$1,550	$1,370
1 bedroom	$1,650	$1,485 – $1,815	$1,719	$1,510
2 bedrooms	$2,080	$1,872 – $2,288	$2,165	$1,960
3 bedrooms	$2,630	$2,367 – $2,893	$2,733	$2,510
4 bedrooms	$2,730	$2,457 – $3,003	$2,845	$2,600

A household renting a two-bedroom home at the Small Area FMR of $2,080 needs about $83,200 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 05485 lies mainly in Franklin 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
05483	Sheldon	1.5 mi	$2,080
05459	Highgate Center	3.1 mi	$1,940
05457	Franklin	4.3 mi	$1,990
05488	Swanton	7.3 mi	$1,930
05455	Fairfield	7.5 mi	$1,930
05478	Saint Albans	8.7 mi	$1,930

Questions

What is the Fair Market Rent for ZIP code 05485?

HUD's FY2027 Small Area Fair Market Rents for 05485 are $1,490 (studio), $1,650 (1 BR), $2,080 (2 BR), $2,630 (3 BR) and $2,730 (4 BR) a month.

What is the Section 8 payment standard in 05485?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 05485 that range is $1,872 to $2,288 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 05485?

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.