FY2027 Small Area FMR · Troy, VT

ZIP 05868 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 05868 (Troy, VT) is $1,690 a month, up 12.7% from FY2026. That is 24% above the Orleans County, VT area-wide FMR of $1,363.

2-bedroom SAFMR$1,690per month ▲ 12.7%

Area-wide 2 BR FMR$1,363Orleans County, VT

Rank in the area5thof 31 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,521

2 BR Small Area FMR$1,690

110% of SAFMR$1,859

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

Studio$1,320▲ 10.9%

1 BR$1,380▲ 10.4%

2 BR$1,690▲ 12.7%

3 BR$2,170▲ 12.4%

4 BR$2,370▼ 6.0%

FY2027 FY2026

Where 05868 sits in the Orleans County, VT area

Of the 31 ZIP codes HUD lists for the area, 05868 has the 5th highest two-bedroom Small Area FMR. Orleans 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 $1,363 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,690 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	$1,320	$1,188 – $1,452	$1,067	$1,190
1 bedroom	$1,380	$1,242 – $1,518	$1,111	$1,250
2 bedrooms	$1,690	$1,521 – $1,859	$1,363	$1,500
3 bedrooms	$2,170	$1,953 – $2,387	$1,754	$1,930
4 bedrooms	$2,370	$2,133 – $2,607	$1,909	$2,520

A household renting a two-bedroom home at the Small Area FMR of $1,690 needs about $67,600 a year to keep housing costs at 30% of income. The area median family income is $95,400 and the 80% low-income limit for four people is $83,750. ZIP code 05868 lies mainly in Orleans County. See the Orleans County, VT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
05857	Newport Center	3.7 mi	$1,510
05874	Westfield	5.4 mi	$1,280
05859	North Troy	5.5 mi	$1,750
05825	Coventry	7.2 mi	$1,330
05845	Irasburg	8.2 mi	$1,370
05847	Lowell	8.5 mi	$1,340

Questions

What is the Fair Market Rent for ZIP code 05868?

HUD's FY2027 Small Area Fair Market Rents for 05868 are $1,320 (studio), $1,380 (1 BR), $1,690 (2 BR), $2,170 (3 BR) and $2,370 (4 BR) a month.

What is the Section 8 payment standard in 05868?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 05868 that range is $1,521 to $1,859 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 05868?

The FY2026 income limits of the Orleans County, VT area apply: median family income $95,400, low-income (80%) limit $83,750 for a family of four.