FY2027 Small Area FMR · Derby, CT
ZIP 06418 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 06418 (Derby, CT) is $1,780 a month, up 4.1% from FY2026. That is 15% below the New Haven, CT area-wide FMR of $2,091.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 06418 sits in the New Haven, CT area
Of the 50 ZIP codes HUD lists for the area, 06418 has the 48th highest two-bedroom Small Area FMR. New Haven, 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 $2,091 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,780 for this ZIP code instead.
ZIP code 06418 crosses more than one HUD area. HUD also lists it under Waterbury-Shelton, CT (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,260 | $1,134 – $1,386 | $1,609 | $1,280 |
| 1 bedroom | $1,440 | $1,296 – $1,584 | $1,743 | $1,420 |
| 2 bedrooms | $1,780 | $1,602 – $1,958 | $2,091 | $1,710 |
| 3 bedrooms | $2,200 | $1,980 – $2,420 | $2,602 | $2,090 |
| 4 bedrooms | $2,620 | $2,358 – $2,882 | $2,935 | $2,870 |
A household renting a two-bedroom home at the Small Area FMR of $1,780 needs about $71,200 a year to keep housing costs at 30% of income. The area median family income is $123,200 and the 80% low-income limit for four people is $99,600. ZIP code 06418 lies mainly in Naugatuck Valley Planning Region. See the New Haven, CT county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 06418?
HUD's FY2027 Small Area Fair Market Rents for 06418 are $1,260 (studio), $1,440 (1 BR), $1,780 (2 BR), $2,200 (3 BR) and $2,620 (4 BR) a month.
What is the Section 8 payment standard in 06418?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 06418 that range is $1,602 to $1,958 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 06418?
The FY2026 income limits of the New Haven, CT area apply: median family income $123,200, low-income (80%) limit $99,600 for a family of four.