Income Limits by County

FY2027 Small Area FMR · East Haddam, CT

ZIP 06423 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 06423 (East Haddam, CT) is $2,200 a month, up 7.8% from FY2026. That is 14% above the Hartford-West Hartford-East Hartford, CT area-wide FMR of $1,933.

2-bedroom SAFMR$2,200per month ▲ 7.8%
Area-wide 2 BR FMR$1,933Hartford-West Hartford-East
Rank in the area29thof 142 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,980
2 BR Small Area FMR$2,200
110% of SAFMR$2,420

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

FY2027 FY2026

Where 06423 sits in the Hartford-West Hartford-East Hartford, CT area

$1,410$2,900median $1,930

Of the 142 ZIP codes HUD lists for the area, 06423 has the 29th highest two-bedroom Small Area FMR. Hartford-West Hartford-East Hartford, CT is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2016), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,980 and $2,420 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,530$1,377 – $1,683$1,346$1,410
1 bedroom$1,760$1,584 – $1,936$1,543$1,620
2 bedrooms$2,200$1,980 – $2,420$1,933$2,040
3 bedrooms$2,620$2,358 – $2,882$2,303$2,450
4 bedrooms$2,890$2,601 – $3,179$2,542$2,780

A household renting a two-bedroom home at the Small Area FMR of $2,200 needs about $88,000 a year to keep housing costs at 30% of income. The area median family income is $129,200 and the 80% low-income limit for four people is $103,350. ZIP code 06423 lies mainly in Lower Connecticut River Valley Planning Region. See the Hartford-West Hartford-East Hartford, CT metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
06439Hadlyme2.7 mi$2,730
06469Moodus4.6 mi$1,680
06438Haddam5.8 mi$2,360
06412Chester5.8 mi$1,900
06415Colchester6.8 mi$1,930
06420Salem7.2 mi$1,970

Questions

What is the Fair Market Rent for ZIP code 06423?

HUD's FY2027 Small Area Fair Market Rents for 06423 are $1,530 (studio), $1,760 (1 BR), $2,200 (2 BR), $2,620 (3 BR) and $2,890 (4 BR) a month.

What is the Section 8 payment standard in 06423?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 06423 that range is $1,980 to $2,420 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 06423?

The FY2026 income limits of the Hartford-West Hartford-East Hartford, CT area apply: median family income $129,200, low-income (80%) limit $103,350 for a family of four.