FY2027 Small Area FMR · Wolcott, CT

ZIP 06716 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 06716 (Wolcott, CT) is $2,510 a month, down 6.3% from FY2026. That is 44% above the Waterbury-Shelton, CT area-wide FMR of $1,745.

2-bedroom SAFMR$2,510per month ▼ 6.3%

Area-wide 2 BR FMR$1,745Waterbury-Shelton, CT

Rank in the area5thof 51 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,259

2 BR Small Area FMR$2,510

110% of SAFMR$2,761

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

Studio$1,800▼ 3.7%

1 BR$1,960▼ 9.7%

2 BR$2,510▼ 6.3%

3 BR$3,140▼ 5.1%

4 BR$3,740▼ 4.3%

FY2027 FY2026

Where 06716 sits in the Waterbury-Shelton, CT area

Of the 51 ZIP codes HUD lists for the area, 06716 has the 5th highest two-bedroom Small Area FMR. Waterbury-Shelton, 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 $1,745 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,510 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	$1,800	$1,620 – $1,980	$1,249	$1,870
1 bedroom	$1,960	$1,764 – $2,156	$1,336	$2,170
2 bedrooms	$2,510	$2,259 – $2,761	$1,745	$2,680
3 bedrooms	$3,140	$2,826 – $3,454	$2,184	$3,310
4 bedrooms	$3,740	$3,366 – $4,114	$2,599	$3,910

A household renting a two-bedroom home at the Small Area FMR of $2,510 needs about $100,400 a year to keep housing costs at 30% of income. The area median family income is $114,000 and the 80% low-income limit for four people is $99,600. ZIP code 06716 lies mainly in Naugatuck Valley Planning Region. See the Waterbury-Shelton, CT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
06444	Marion	2.9 mi	$2,310
06479	Plantsville	3.2 mi	$2,640
06705	Waterbury	3.4 mi	$1,670
06704	Waterbury	3.5 mi	$1,670
06467	Milldale	4.0 mi	$2,460
06710	Waterbury	4.4 mi	$1,610

Questions

What is the Fair Market Rent for ZIP code 06716?

HUD's FY2027 Small Area Fair Market Rents for 06716 are $1,800 (studio), $1,960 (1 BR), $2,510 (2 BR), $3,140 (3 BR) and $3,740 (4 BR) a month.

What is the Section 8 payment standard in 06716?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 06716 that range is $2,259 to $2,761 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 06716?

The FY2026 income limits of the Waterbury-Shelton, CT area apply: median family income $114,000, low-income (80%) limit $99,600 for a family of four.