FY2027 Small Area FMR · South Hero, VT

ZIP 05486 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 05486 (South Hero, VT) is $1,990 a month, down 1.5% from FY2026. That is 8% below the Burlington-South Burlington, VT area-wide FMR of $2,165.

2-bedroom SAFMR$1,990per month ▼ 1.5%

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

Rank in the area28thof 51 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,791

2 BR Small Area FMR$1,990

110% of SAFMR$2,189

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

Studio$1,430▲ 1.4%

1 BR$1,580▲ 1.3%

2 BR$1,990▼ 1.5%

3 BR$2,510▼ 3.1%

4 BR$2,620▼ 1.9%

FY2027 FY2026

Where 05486 sits in the Burlington-South Burlington, VT area

Of the 51 ZIP codes HUD lists for the area, 05486 has the 28th 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 $1,990 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	$1,430	$1,287 – $1,573	$1,550	$1,410
1 bedroom	$1,580	$1,422 – $1,738	$1,719	$1,560
2 bedrooms	$1,990	$1,791 – $2,189	$2,165	$2,020
3 bedrooms	$2,510	$2,259 – $2,761	$2,733	$2,590
4 bedrooms	$2,620	$2,358 – $2,882	$2,845	$2,670

A household renting a two-bedroom home at the Small Area FMR of $1,990 needs about $79,600 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 05486 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
05458	Grand Isle	5.2 mi	$1,930
12903	Plattsburgh	7.2 mi	$1,810
05468	Milton	8.1 mi	$2,200
12901	Plattsburgh	9.1 mi	$1,270
05446	Colchester	9.2 mi	$1,970
05408	Burlington	9.4 mi	$2,260

Questions

What is the Fair Market Rent for ZIP code 05486?

HUD's FY2027 Small Area Fair Market Rents for 05486 are $1,430 (studio), $1,580 (1 BR), $1,990 (2 BR), $2,510 (3 BR) and $2,620 (4 BR) a month.

What is the Section 8 payment standard in 05486?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 05486 that range is $1,791 to $2,189 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 05486?

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.