FY2027 Small Area FMR · Wauregan, CT

ZIP 06387 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 06387 (Wauregan, CT) is $1,450 a month, up 0.7% from FY2026. That is 8% below the Northeastern Connecticut Planning Region, CT area-wide FMR of $1,568.

2-bedroom SAFMR$1,450per month ▲ 0.7%

Area-wide 2 BR FMR$1,568Northeastern Connecticut Pla

Rank in the area35thof 38 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,305

2 BR Small Area FMR$1,450

110% of SAFMR$1,595

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

Studio$1,000▼ 2.9%

1 BR$1,180▲ 7.3%

2 BR$1,450▲ 0.7%

3 BR$1,860▲ 5.1%

4 BR$2,100▼ 0.5%

FY2027 FY2026

Where 06387 sits in the Northeastern Connecticut Planning Region, CT area

Of the 38 ZIP codes HUD lists for the area, 06387 has the 35th highest two-bedroom Small Area FMR. Northeastern Connecticut Planning Region, 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 $1,568 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,450 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	$1,000	$900 – $1,100	$1,092	$1,030
1 bedroom	$1,180	$1,062 – $1,298	$1,262	$1,100
2 bedrooms	$1,450	$1,305 – $1,595	$1,568	$1,440
3 bedrooms	$1,860	$1,674 – $2,046	$2,006	$1,770
4 bedrooms	$2,100	$1,890 – $2,310	$2,126	$2,110

A household renting a two-bedroom home at the Small Area FMR of $1,450 needs about $58,000 a year to keep housing costs at 30% of income. The area median family income is $126,500 and the 80% low-income limit for four people is $100,000. ZIP code 06387 lies mainly in Northeastern Connecticut Planning Region. See the Northeastern Connecticut Planning Region, CT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
06332	Central Village	0.9 mi	$1,600
06354	Moosup	3.7 mi	$1,510
06374	Plainfield	4.1 mi	$1,680
06234	Brooklyn	4.2 mi	$1,590
06239	Danielson	4.7 mi	$1,680
06377	Sterling	4.9 mi	$1,980

Questions

What is the Fair Market Rent for ZIP code 06387?

HUD's FY2027 Small Area Fair Market Rents for 06387 are $1,000 (studio), $1,180 (1 BR), $1,450 (2 BR), $1,860 (3 BR) and $2,100 (4 BR) a month.

What is the Section 8 payment standard in 06387?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 06387 that range is $1,305 to $1,595 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 06387?

The FY2026 income limits of the Northeastern Connecticut Planning Region, CT area apply: median family income $126,500, low-income (80%) limit $100,000 for a family of four.