Metro FMR area · VT · HUD FY 2027

Burlington-South Burlington, VT Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Burlington-South Burlington, VT area is $2,165 a month, 22% above the Vermont average and 23% above the U.S. average of $1,761. ZIP-level Small Area FMRs for its 51 ZIP codes range from $1,930 to $2,630.

$2,1652-bedroom FMR+$25 (+1.2%) vs FY 2026
$1,7191-bedroom FMRU.S.: $1,478
$86,600Income for a 2-bedroomat 30% of income
227,846Residents3 counties (towns)

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$2,165/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Burlington-South Burlington, VT FMR	$2,165	$86,600	–
Vermont average	$1,773	$70,921	–
U.S. average	$1,761	$70,432	–

Burlington-South Burlington, VT Fair Market Rents, FY 2027 vs FY 2026
Unit	Burlington-South Burlington, VT FY 2027	FY 2026	Change	Vermont avg	U.S. avg	Income needed
Studio	$1,550	$1,497	+$53 (+3.5%)	$1,317	$1,379	$62,000
1 bedroom	$1,719	$1,651	+$68 (+4.1%)	$1,431	$1,478	$68,760
2 bedrooms	$2,165	$2,140	+$25 (+1.2%)	$1,773	$1,761	$86,600
3 bedrooms	$2,733	$2,745	−$12 (−0.4%)	$2,247	$2,266	$109,320
4 bedrooms	$2,845	$2,833	+$12 (+0.4%)	$2,474	$2,607	$113,800

Counties in this FMR area

Counties in the Burlington-South Burlington, VT FMR area
County	Residents in area
Chittenden County, VT	169,758
Franklin County, VT	50,638
Grand Isle County, VT	7,450

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $2,050.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Burlington-South Burlington, VT
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
05401	$1,730	$1,920	$2,420	$3,060	$3,180	+$80 (+3.4%)	12% above
05402	$1,600	$1,780	$2,240	$2,830	$2,940	+$30 (+1.4%)	3% above
05403	$1,730	$1,910	$2,410	$3,040	$3,170	no change	11% above
05404	$1,660	$1,840	$2,320	$2,930	$3,050	−$10 (−0.4%)	7% above
05405	$1,730	$1,920	$2,420	$3,060	$3,180	+$80 (+3.4%)	12% above
05406	$1,600	$1,780	$2,240	$2,830	$2,940	+$30 (+1.4%)	3% above
05407	$1,600	$1,780	$2,240	$2,830	$2,940	+$30 (+1.4%)	3% above
05408	$1,620	$1,790	$2,260	$2,850	$2,970	+$40 (+1.8%)	4% above
05439	$1,480	$1,630	$2,060	$2,610	$2,710	+$30 (+1.5%)	5% below
05440	$1,400	$1,550	$1,950	$2,480	$2,560	+$200 (+11.4%)	10% below
05441	$1,350	$1,490	$1,930	$2,480	$2,550	+$180 (+10.3%)	11% below
05444	$1,350	$1,490	$1,930	$2,480	$2,550	+$180 (+10.3%)	11% below
05445	$1,430	$1,600	$2,020	$2,500	$2,940	+$200 (+11.0%)	7% below
05446	$1,410	$1,560	$1,970	$2,490	$2,590	+$40 (+2.1%)	9% below
05447	$1,350	$1,490	$1,930	$2,480	$2,550	+$180 (+10.3%)	11% below
05448	$1,350	$1,490	$1,930	$2,480	$2,550	+$180 (+10.3%)	11% below
05449	$1,600	$1,780	$2,240	$2,830	$2,940	+$30 (+1.4%)	3% above
05450	$1,350	$1,490	$1,930	$2,480	$2,550	+$180 (+10.3%)	11% below
05451	$1,600	$1,780	$2,240	$2,830	$2,940	+$30 (+1.4%)	3% above
05452	$1,480	$1,640	$2,060	$2,600	$2,710	−$10 (−0.5%)	5% below
05453	$1,600	$1,780	$2,240	$2,830	$2,940	+$30 (+1.4%)	3% above
05454	$1,350	$1,490	$1,930	$2,480	$2,550	+$180 (+10.3%)	11% below
05455	$1,350	$1,490	$1,930	$2,480	$2,550	+$180 (+10.3%)	11% below
05457	$1,430	$1,580	$1,990	$2,510	$2,620	−$20 (−1.0%)	8% below
05458	$1,350	$1,490	$1,930	$2,480	$2,550	+$160 (+9.0%)	11% below
05459	$1,390	$1,540	$1,940	$2,480	$2,550	−$10 (−0.5%)	10% below
05460	$1,350	$1,490	$1,930	$2,480	$2,550	+$180 (+10.3%)	11% below
05461	$1,580	$1,750	$2,200	$2,780	$2,890	+$60 (+2.8%)	2% above
05462	$1,490	$1,660	$2,120	$2,640	$2,940	+$230 (+12.2%)	2% below
05463	$1,470	$1,620	$2,050	$2,580	$2,690	+$120 (+6.2%)	5% below
05464	$1,350	$1,490	$1,930	$2,480	$2,550	+$180 (+10.3%)	11% below
05465	$1,520	$1,680	$2,120	$2,680	$2,790	+$290 (+15.8%)	2% below
05468	$1,580	$1,750	$2,200	$2,780	$2,890	+$20 (+0.9%)	2% above
05470	$1,350	$1,490	$1,930	$2,480	$2,550	+$180 (+10.3%)	11% below
05471	$1,350	$1,490	$1,930	$2,480	$2,550	+$180 (+10.3%)	11% below
05474	$1,580	$1,750	$2,210	$2,790	$2,900	−$80 (−3.5%)	2% above
05476	$1,350	$1,490	$1,930	$2,480	$2,550	+$180 (+10.3%)	11% below
05477	$1,660	$1,840	$2,320	$2,930	$3,050	+$80 (+3.6%)	7% above
05478	$1,350	$1,490	$1,930	$2,480	$2,550	+$160 (+9.0%)	11% below
05481	$1,350	$1,490	$1,930	$2,480	$2,550	+$180 (+10.3%)	11% below
05482	$1,390	$1,540	$1,940	$2,480	$2,550	−$20 (−1.0%)	10% below
05483	$1,490	$1,650	$2,080	$2,630	$2,730	+$120 (+6.1%)	4% below
05485	$1,490	$1,650	$2,080	$2,630	$2,730	+$120 (+6.1%)	4% below
05486	$1,430	$1,580	$1,990	$2,510	$2,620	−$30 (−1.5%)	8% below
05487	$1,350	$1,490	$1,930	$2,480	$2,840	+$180 (+10.3%)	11% below
05488	$1,350	$1,490	$1,930	$2,480	$2,550	−$10 (−0.5%)	11% below
05489	$1,350	$1,490	$1,930	$2,480	$2,550	no change	11% below
05490	$1,600	$1,780	$2,240	$2,830	$2,940	+$30 (+1.4%)	3% above
05494	$1,880	$2,090	$2,630	$3,320	$3,460	+$840 (+46.9%)	21% above
05495	$1,730	$1,910	$2,410	$3,040	$3,170	−$40 (−1.6%)	11% above
05676	$1,500	$1,650	$2,160	$2,700	$2,830	+$400 (+22.7%)	about the same as

Sources

U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.