FY2027 Small Area FMR · Preston, CT

ZIP 06365 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 06365 (Preston, CT) is $2,100 a month, down 0.5% from FY2026. That is 10% above the Norwich-New London-Willimantic, CT area-wide FMR of $1,902.

2-bedroom SAFMR$2,100per month ▼ 0.5%

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

Rank in the area8thof 40 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,890

2 BR Small Area FMR$2,100

110% of SAFMR$2,310

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

Studio$1,460▲ 0.7%

1 BR$1,680▼ 0.6%

2 BR$2,100▼ 0.5%

3 BR$2,670▼ 1.8%

4 BR$3,310▼ 2.1%

FY2027 FY2026

Where 06365 sits in the Norwich-New London-Willimantic, CT area

Of the 40 ZIP codes HUD lists for the area, 06365 has the 8th 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 $2,100 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	$1,460	$1,314 – $1,606	$1,324	$1,450
1 bedroom	$1,680	$1,512 – $1,848	$1,518	$1,690
2 bedrooms	$2,100	$1,890 – $2,310	$1,902	$2,110
3 bedrooms	$2,670	$2,403 – $2,937	$2,418	$2,720
4 bedrooms	$3,310	$2,979 – $3,641	$2,995	$3,380

A household renting a two-bedroom home at the Small Area FMR of $2,100 needs about $84,000 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 06365 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
06380	Taftville	3.9 mi	$1,680
06338	Mashantucket	3.9 mi	$1,860
06360	Norwich	4.7 mi	$1,780
06339	Ledyard	5.4 mi	$1,860
06351	Jewett City	5.8 mi	$1,680
06335	Gales Ferry	6.4 mi	$2,470

Questions

What is the Fair Market Rent for ZIP code 06365?

HUD's FY2027 Small Area Fair Market Rents for 06365 are $1,460 (studio), $1,680 (1 BR), $2,100 (2 BR), $2,670 (3 BR) and $3,310 (4 BR) a month.

What is the Section 8 payment standard in 06365?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 06365 that range is $1,890 to $2,310 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 06365?

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.