Addison County, VT

2024 Fair Market Rents

Tags: 2024 Vermont

Return to the state page to see where Vermont ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Addison County are Middlebury, Bristol, Vergennes, and Brandon. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Addison County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Addison County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Addison County compare?

Addison County ($1,332) has a 0.1% higher FMR for 2-Bedroom housing than the average of Vermont ($1,331) and therefore a higher gross rent.

Addison County is rank 6th out of 255 counties. This means the FMRs, or in other words, the gross rent is higher than 249 other counties. Addison County is the 6th most expensive county in terms of FMRs.

Rent Tables Addison County, VT

Fair Market Rent (40th Percentile)

$1,017
studio
$1,062
1-Bedroom
$1,332
2-Bedroom
$1,741
3-Bedroom
$1,774
4-Bedroom

Median Rent (50th Percentile)

$1,125
studio
$1,175
1-Bedroom
$1,474
2-Bedroom
$1,927
3-Bedroom
$1,963
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
05445 $0 $1,620 $2,120 $2,680 $2,820
05461 $0 $1,360 $1,780 $2,250 $2,370
05462 $0 $1,230 $1,610 $2,040 $2,140
05487 $0 $1,350 $1,770 $2,240 $2,360
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
05445 $1,359 $1,458 $1,908 $2,412 $2,538
05461 $1,134 $1,224 $1,602 $2,025 $2,133
05462 $1,026 $1,107 $1,449 $1,836 $1,926
05487 $1,134 $1,215 $1,593 $2,016 $2,124
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
05445 $1,661 $1,782 $2,332 $2,948 $3,102
05461 $1,386 $1,496 $1,958 $2,475 $2,607
05462 $1,254 $1,353 $1,771 $2,244 $2,354
05487 $1,386 $1,485 $1,947 $2,464 $2,596

Fair Market Rents on this page apply to the following cities in Addison County, Vermont: Middlebury, Bristol, Vergennes, Brandon, Hinesburg, Charlotte, Huntington, New Haven, Starksboro, North Ferrisburgh, Ferrisburgh, Bridport, Orwell, Rochester, Shoreham, Salisbury, East Middlebury, Whiting, Roxbury, and Ripton.

These Fair Market Rents also apply to the following ZIP codes in Addison County, Vermont: 05753, 05443, 05491, 05733, 05461, 05445, 05462, 05472, 05487, 05473, 05456, 05734, 05760, 05767, 05770, 05769, 05740, 05778, 05669, and 05766.

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Fair Market Rents are published by the Department of Housing And Urban Development.