FY2027 Small Area FMR · Montpelier, VT

ZIP 05620 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 05620 (Montpelier, VT) is $1,780 a month, up 20.3% from FY2026. That is 0% equal to the Washington County, VT area-wide FMR of $1,783.

2-bedroom SAFMR$1,780per month ▲ 20.3%

Area-wide 2 BR FMR$1,783Washington County, VT

Rank in the area14thof 33 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,602

2 BR Small Area FMR$1,780

110% of SAFMR$1,958

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

Studio$1,240▲ 10.7%

1 BR$1,360▲ 20.4%

2 BR$1,780▲ 20.3%

3 BR$2,230▲ 22.5%

4 BR$2,340▲ 19.4%

FY2027 FY2026

Where 05620 sits in the Washington County, VT area

Of the 33 ZIP codes HUD lists for the area, 05620 has the 14th highest two-bedroom Small Area FMR. Washington 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 $1,783 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,780 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	$1,240	$1,116 – $1,364	$1,242	$1,120
1 bedroom	$1,360	$1,224 – $1,496	$1,363	$1,130
2 bedrooms	$1,780	$1,602 – $1,958	$1,783	$1,480
3 bedrooms	$2,230	$2,007 – $2,453	$2,230	$1,820
4 bedrooms	$2,340	$2,106 – $2,574	$2,343	$1,960

A household renting a two-bedroom home at the Small Area FMR of $1,780 needs about $71,200 a year to keep housing costs at 30% of income. The area median family income is $114,000 and the 80% low-income limit for four people is $91,200. ZIP code 05620 lies mainly in Washington County. See the Washington County, VT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
05666	North Montpelier	0.0 mi	$2,150
05602	Montpelier	1.6 mi	$1,870
05651	East Montpelier	5.0 mi	$1,520
05640	Adamant	7.1 mi	$1,910
05670	South Barre	7.1 mi	$1,680
05664	Northfield Falls	7.2 mi	$1,780

Questions

What is the Fair Market Rent for ZIP code 05620?

HUD's FY2027 Small Area Fair Market Rents for 05620 are $1,240 (studio), $1,360 (1 BR), $1,780 (2 BR), $2,230 (3 BR) and $2,340 (4 BR) a month.

What is the Section 8 payment standard in 05620?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 05620 that range is $1,602 to $1,958 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 05620?

The FY2026 income limits of the Washington County, VT area apply: median family income $114,000, low-income (80%) limit $91,200 for a family of four.