FY2027 Small Area FMR · Gilman, VT

ZIP 05904 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 05904 (Gilman, VT) is $1,230 a month, up 5.1% from FY2026. That is 5% above the Essex County, VT area-wide FMR of $1,167.

2-bedroom SAFMR$1,230per month ▲ 5.1%

Area-wide 2 BR FMR$1,167Essex County, VT

Rank in the area7thof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,107

2 BR Small Area FMR$1,230

110% of SAFMR$1,353

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

Studio$960▲ 5.5%

1 BR$1,080▲ 0.9%

2 BR$1,230▲ 5.1%

3 BR$1,670▲ 2.5%

4 BR$1,840▼ 3.7%

FY2027 FY2026

Where 05904 sits in the Essex County, VT area

Of the 13 ZIP codes HUD lists for the area, 05904 has the 7th highest two-bedroom Small Area FMR. Essex 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 $1,167 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,230 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	$960	$864 – $1,056	$914	$910
1 bedroom	$1,080	$972 – $1,188	$1,072	$1,070
2 bedrooms	$1,230	$1,107 – $1,353	$1,167	$1,170
3 bedrooms	$1,670	$1,503 – $1,837	$1,616	$1,630
4 bedrooms	$1,840	$1,656 – $2,024	$1,834	$1,910

A household renting a two-bedroom home at the Small Area FMR of $1,230 needs about $49,200 a year to keep housing costs at 30% of income. The area median family income is $74,100 and the 80% low-income limit for four people is $83,750. ZIP code 05904 lies mainly in Essex County. See the Essex County, VT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
03598	Whitefield	4.6 mi	$1,290
05906	Lunenburg	4.7 mi	$1,200
05824	Concord	6.1 mi	$1,240
03561	Littleton	6.7 mi	$1,240
03584	Lancaster	9.2 mi	$1,230
05858	North Concord	11.2 mi	$1,290

Questions

What is the Fair Market Rent for ZIP code 05904?

HUD's FY2027 Small Area Fair Market Rents for 05904 are $960 (studio), $1,080 (1 BR), $1,230 (2 BR), $1,670 (3 BR) and $1,840 (4 BR) a month.

What is the Section 8 payment standard in 05904?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 05904 that range is $1,107 to $1,353 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 05904?

The FY2026 income limits of the Essex County, VT area apply: median family income $74,100, low-income (80%) limit $83,750 for a family of four.