FY2027 Small Area FMR · Waterville, VT

ZIP 05492 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 05492 (Waterville, VT) is $1,350 a month, up 16.4% from FY2026. That is 12% below the Lamoille County, VT area-wide FMR of $1,535.

2-bedroom SAFMR$1,350per month ▲ 16.4%

Area-wide 2 BR FMR$1,535Lamoille County, VT

Rank in the area11thof 15 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,215

2 BR Small Area FMR$1,350

110% of SAFMR$1,485

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

Studio$1,080▲ 30.1%

1 BR$1,090▲ 21.1%

2 BR$1,350▲ 16.4%

3 BR$1,870▲ 19.9%

4 BR$1,870▲ 19.1%

FY2027 FY2026

Where 05492 sits in the Lamoille County, VT area

Of the 15 ZIP codes HUD lists for the area, 05492 has the 11th highest two-bedroom Small Area FMR. Lamoille County, 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 $1,535 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,350 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	$1,080	$972 – $1,188	$1,229	$830
1 bedroom	$1,090	$981 – $1,199	$1,237	$900
2 bedrooms	$1,350	$1,215 – $1,485	$1,535	$1,160
3 bedrooms	$1,870	$1,683 – $2,057	$2,126	$1,560
4 bedrooms	$1,870	$1,683 – $2,057	$2,127	$1,570

A household renting a two-bedroom home at the Small Area FMR of $1,350 needs about $54,000 a year to keep housing costs at 30% of income. The area median family income is $97,900 and the 80% low-income limit for four people is $83,750. ZIP code 05492 lies mainly in Lamoille County. See the Lamoille County, VT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
05441	Bakersfield	3.5 mi	$1,930
05442	Belvidere Center	4.7 mi	$2,300
05448	East Fairfield	6.9 mi	$1,930
05464	Jeffersonville	6.9 mi	$1,930
05656	Johnson	7.2 mi	$1,350
05652	Eden	7.5 mi	$1,970

Questions

What is the Fair Market Rent for ZIP code 05492?

HUD's FY2027 Small Area Fair Market Rents for 05492 are $1,080 (studio), $1,090 (1 BR), $1,350 (2 BR), $1,870 (3 BR) and $1,870 (4 BR) a month.

What is the Section 8 payment standard in 05492?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 05492 that range is $1,215 to $1,485 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 05492?

The FY2026 income limits of the Lamoille County, VT area apply: median family income $97,900, low-income (80%) limit $83,750 for a family of four.