Housing market/Vermont/ZIP 05440

ACS 2023 · FY2027 SAFMR

ZIP 05440 Alburg, Vermont

Burlington-South Burlington, VT MSA · Vermont. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,802
Households
816
Median HH income
$64,390
Renter share
10.3%
Median gross rent
$1,400
Vacancy
46.7%
Pop. change
+5.6%
2BR SAFMR
$1,950
SAFMR / rent
1.393×
2–49 unit stock
88
LIHTC proj / units
2 / 29
HUD assisted MF
2 / 29

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 05440 · VT — sent to you.

ZIP 05440 · VT

ACS median rent$1,400
2BR SAFMR$1,950
90% floor$1,755
110% ceiling$2,145

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 05440

  • 1-unit detached1,06269.4%
  • 1-unit attached70.5%
  • 2–4 units754.9%
  • 5–49 units130.8%
  • Mobile37424.4%
TypeUnitsShare
1-unit detached1,06269.4%
1-unit attached70.5%
2 units (duplex)161.0%
3–4 units593.9%
5–9 units100.7%
10–19 units30.2%
20–49 units00.0%
50+ units00.0%
Mobile37424.4%

2–4 unit share 4.9% · 5–49 unit share 0.8% · combined 2–49 5.7%.

Units by bedrooms

Studio
7
1BR
245
2BR
559
3BR
498
4BR
180
5+
42

Rent burden

Rent ≥30% of income28.6%
Rent ≥50% of income9.5%
  • ACS median gross rent $1,400 (all bedrooms, occupied rentals).
  • Median contract rent $1,188.
  • Renters paying ≥30% of income 28.6%; ≥50% 9.5%.
  • FY2027 2BR SAFMR $1,950 (1.393× ACS median gross rent).

Population

1,802 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +5.6%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 2 projects, 29 units.
  • HUD project-based assisted MF: 2 properties, 29 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 05440 10.3% of occupied households are renters; vacancy is 46.7%; ACS median gross rent is $1,400; population increased +5.6% between the 2018 and 2023 ACS vintages; the housing stock includes 75 units in 2–4-unit structures and 13 units in 5–49-unit structures; 2 LIHTC projects totaling 29 units; FY2027 2BR SAFMR is $1,950 versus ACS median gross rent of $1,400. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Vermont research

ZIP 05440 is a Census / HUD profile for Burlington-South Burlington, VT. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Vermont research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 05440?

ZIP 05440 (Burlington-South Burlington, VT MSA) has 1,802 residents, 816 households, a renter share of 10.3%, median household income of $64,390, and ACS 2023 median gross rent of $1,400. Vacancy is 46.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 05440?

ACS counts 16 units in 2-unit buildings, 59 in 3–4 unit buildings, 10 in 5–9, 3 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 88 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 05440?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,950. See the full schedule and 90–110% payment-standard band on the ZIP 05440 — Alburg, VT HUD Section 8 Payment Standards / SAFMR.

Does this Vermont ZIP profile include Georgia listings?

No. ZIP 05440 is Census / HUD research for Burlington-South Burlington, VT MSA. Jeff Crowe CRE does not list Vermont property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.