FY2027 Small Area FMR · Mystic, CT

ZIP 06355 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 06355 (Mystic, CT) is $2,350 a month, up 4.9% from FY2026. That is 24% above the Norwich-New London-Willimantic, CT area-wide FMR of $1,902.

2-bedroom SAFMR$2,350per month ▲ 4.9%

Area-wide 2 BR FMR$1,902Norwich-New London-Willimant

Rank in the area4thof 40 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,115

2 BR Small Area FMR$2,350

110% of SAFMR$2,585

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

Studio$1,640▲ 6.5%

1 BR$1,880▲ 4.4%

2 BR$2,350▲ 4.9%

3 BR$2,990▲ 3.5%

4 BR$3,700▲ 3.1%

FY2027 FY2026

Where 06355 sits in the Norwich-New London-Willimantic, CT area

Of the 40 ZIP codes HUD lists for the area, 06355 has the 4th highest two-bedroom Small Area FMR. Norwich-New London-Willimantic, CT 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 $1,902 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,350 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	$1,640	$1,476 – $1,804	$1,324	$1,540
1 bedroom	$1,880	$1,692 – $2,068	$1,518	$1,800
2 bedrooms	$2,350	$2,115 – $2,585	$1,902	$2,240
3 bedrooms	$2,990	$2,691 – $3,289	$2,418	$2,890
4 bedrooms	$3,700	$3,330 – $4,070	$2,995	$3,590

A household renting a two-bedroom home at the Small Area FMR of $2,350 needs about $94,000 a year to keep housing costs at 30% of income. The area median family income is $111,900 and the 80% low-income limit for four people is $99,600. ZIP code 06355 lies mainly in Southeastern Connecticut Planning Region. See the Norwich-New London-Willimantic, CT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
06340	Groton	3.4 mi	$2,090
06378	Stonington	3.7 mi	$2,250
06339	Ledyard	5.4 mi	$1,860
06390	Fishers Island	6.0 mi	$2,670
06379	Pawcatuck	6.4 mi	$1,780
06335	Gales Ferry	6.4 mi	$2,470

Questions

What is the Fair Market Rent for ZIP code 06355?

HUD's FY2027 Small Area Fair Market Rents for 06355 are $1,640 (studio), $1,880 (1 BR), $2,350 (2 BR), $2,990 (3 BR) and $3,700 (4 BR) a month.

What is the Section 8 payment standard in 06355?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 06355 that range is $2,115 to $2,585 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 06355?

The FY2026 income limits of the Norwich-New London-Willimantic, CT area apply: median family income $111,900, low-income (80%) limit $99,600 for a family of four.