FY2027 Small Area FMR · East Middlebury, VT

ZIP 05740 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 05740 (East Middlebury, VT) is $1,640 a month, up 13.9% from FY2026. That is 0% equal to the Addison County, VT area-wide FMR of $1,636.

2-bedroom SAFMR$1,640per month ▲ 13.9%

Area-wide 2 BR FMR$1,636Addison County, VT

Rank in the area14thof 24 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,476

2 BR Small Area FMR$1,640

110% of SAFMR$1,804

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

Studio$1,140▲ 1.8%

1 BR$1,300▲ 15.0%

2 BR$1,640▲ 13.9%

3 BR$1,960▲ 11.4%

4 BR$2,740▲ 29.2%

FY2027 FY2026

Where 05740 sits in the Addison County, VT area

Of the 24 ZIP codes HUD lists for the area, 05740 has the 14th highest two-bedroom Small Area FMR. Addison 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 $1,636 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,640 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	$1,140	$1,026 – $1,254	$1,139	$1,120
1 bedroom	$1,300	$1,170 – $1,430	$1,293	$1,130
2 bedrooms	$1,640	$1,476 – $1,804	$1,636	$1,440
3 bedrooms	$1,960	$1,764 – $2,156	$1,954	$1,760
4 bedrooms	$2,740	$2,466 – $3,014	$2,734	$2,120

A household renting a two-bedroom home at the Small Area FMR of $1,640 needs about $65,600 a year to keep housing costs at 30% of income. The area median family income is $115,200 and the 80% low-income limit for four people is $92,150. ZIP code 05740 lies mainly in Addison County. See the Addison County, VT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
05769	Salisbury	2.8 mi	$2,450
05753	Middlebury	4.0 mi	$1,660
05766	Ripton	5.5 mi	$1,660
05778	Whiting	8.5 mi	$1,430
05472	New Haven	9.4 mi	$1,680
05748	Hancock	10.4 mi	$1,300

Questions

What is the Fair Market Rent for ZIP code 05740?

HUD's FY2027 Small Area Fair Market Rents for 05740 are $1,140 (studio), $1,300 (1 BR), $1,640 (2 BR), $1,960 (3 BR) and $2,740 (4 BR) a month.

What is the Section 8 payment standard in 05740?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 05740 that range is $1,476 to $1,804 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 05740?

The FY2026 income limits of the Addison County, VT area apply: median family income $115,200, low-income (80%) limit $92,150 for a family of four.