Income Limits by County

FY2027 Small Area FMR · Fairfield, CT

ZIP 06824 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 06824 (Fairfield, CT) is $3,150 a month, down 10.0% from FY2026. That is 31% above the Bridgeport-Stamford-Danbury, CT area-wide FMR of $2,399.

2-bedroom SAFMR$3,150per month ▼ 10.0%
Area-wide 2 BR FMR$2,399Bridgeport-Stamford-Danbury,
Rank in the area8thof 67 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,835
2 BR Small Area FMR$3,150
110% of SAFMR$3,465

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

FY2027 FY2026

Where 06824 sits in the Bridgeport-Stamford-Danbury, CT area

$2,260$3,600median $2,530

Of the 67 ZIP codes HUD lists for the area, 06824 has the 8th highest two-bedroom Small Area FMR. Bridgeport-Stamford-Danbury, 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 $2,399 for two bedrooms; an agency that opts in to Small Area FMRs would use $3,150 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$2,170$1,953 – $2,387$1,671$2,410
1 bedroom$2,640$2,376 – $2,904$2,071$2,930
2 bedrooms$3,150$2,835 – $3,465$2,399$3,500
3 bedrooms$3,810$3,429 – $4,191$2,878$4,230
4 bedrooms$4,520$4,068 – $4,972$3,573$5,020

A household renting a two-bedroom home at the Small Area FMR of $3,150 needs about $126,000 a year to keep housing costs at 30% of income. The area median family income is $156,800 and the 80% low-income limit for four people is $112,500. ZIP code 06824 lies mainly in Greater Bridgeport Planning Region. See the Bridgeport-Stamford-Danbury, CT metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
06890Southport1.7 mi$3,600
06825Fairfield2.5 mi$2,620
06605Bridgeport3.4 mi$2,260
06604Bridgeport3.8 mi$2,260
06880Westport4.5 mi$2,870
06606Bridgeport4.7 mi$2,260

Questions

What is the Fair Market Rent for ZIP code 06824?

HUD's FY2027 Small Area Fair Market Rents for 06824 are $2,170 (studio), $2,640 (1 BR), $3,150 (2 BR), $3,810 (3 BR) and $4,520 (4 BR) a month.

What is the Section 8 payment standard in 06824?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 06824 that range is $2,835 to $3,465 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 06824?

The FY2026 income limits of the Bridgeport-Stamford-Danbury, CT area apply: median family income $156,800, low-income (80%) limit $112,500 for a family of four.