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SAFMR by ZIP/Vermont/ZIP 05903

FY2027 SAFMR · Oct 1, 2026 – Sep 30, 2027

ZIP 05903 Canaan, Essex County, VermontSection 8 / HUD Payment Standards

HUD Small Area Fair Market Rent and Section 8 payment-standard information for ZIP 05903. These figures are the Housing Choice Voucher benchmark, not the PHA’s adopted payment standard. Local authorities usually set that standard between 90% and 110% of the table below. Numbers are gross rents (contract rent + essential utilities). FMR area: Essex County, VT. Housing stock for this ZIP: ZIP 05903 — Canaan, VT housing and small multifamily market.

Efficiency
$900
1BR SAFMR
$1,060
2BR SAFMR
$1,150
3BR SAFMR
$1,590
4BR SAFMR
$1,810
2BR 90% floor
$1,035
2BR 110% ceiling
$1,265
ACS median rent
$733
SAFMR / ACS rent
1.569×
Renter share
10.5%
Vacancy
39.0%
2–49 unit stock
46

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HUD schedule, ACS stock, and the 90–110% band for ZIP 05903 · VT — sent to you.

ZIP 05903 · VT

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ACS rent vs 2BR SAFMR

ZIP 05903 — Canaan, VT housing and small multifamily market →
ACS median rent$733
2BR SAFMR$1,150
90% floor$1,035
110% ceiling$1,265

ACS median gross rent is all bedrooms. SAFMR is bedroom-specific.

FY2027 SAFMR schedule

UnitSAFMR90% floor110% ceiling
Efficiency$900$810$990
1 Bedroom$1,060$954$1,166
2 Bedroom$1,150$1,035$1,265
3 Bedroom$1,590$1,431$1,749
4 Bedroom$1,810$1,629$1,991

Source: HUD Small Area Fair Market Rents FY2027.HUD dataset. 90/110% is the statutory band a PHA may adopt — it is not the adopted local payment standard.

2BR SAFMR here is $1,150 versus a $1,240 median across 10 other published ZIPs in this metro set (below the local SAFMR midpoint).

ZIP 05903 calculators · FY2027

Runs in your browser. Payment standard is a what-if inside the statutory 90–110% band — not the PHA’s adopted schedule.

SAFMR
—
Assumed PS
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Max contract rent
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RCS 150% line
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Enter asking rent to place it in the 90–110% band.

HAP sketch

Sketch only: 30% of gross monthly income, no deductions, no min-rent, no 40% cap test. Confirm with the PHA.

Investor

Use the 2BR/3BR SAFMR as a voucher-underwriting check on 2–4 and small 5–50 unit product, not as market rent. Voucher Spread™ (SAFMR vs FMLS small multifamily) is published on qualifying Georgia ZIPs only.

Landlord / PHA

Payment standard ≠ asking rent. Confirm the adopted 90–110% schedule and the utility allowance. Rent reasonableness still applies even when asking rent sits inside the band.

Voucher household

The figures are gross-rent benchmarks. A unit at the SAFMR with tenant-paid utilities will clear less contract rent than the headline number. Ask the PHA for the current utility schedule before you tour.

05903 is HUD research for Vermont. Brokerage is Georgia; out-of-state work is referral.

ZIP 05903 — Canaan, VT housing and small multifamily market·Vermont SAFMR directory·SAFMR by state·Investment analyzer

Nearby ZIPs in this metro

ZIPPlace1BR2BR3BR
05819Essex County$1,120$1,280$1,77005824Essex County$1,120$1,240$1,71005837Essex County$1,620$1,770$2,46005840Essex County$1,070$1,170$1,62005858Essex County$1,170$1,290$1,78005901Essex County$1,030$1,120$1,55005902Essex County$1,080$1,330$1,78005904Essex County$1,080$1,230$1,67005905Essex County$1,060$1,220$1,66005906Essex County$1,100$1,200$1,660

FAQ

What is the Section 8 rent in ZIP 05903?

On Jeff Crowe CRE, HUD’s FY2027 Small Area Fair Market Rents for 05903 (Essex County, VT) — the Section 8 / Housing Choice Voucher benchmark — are $900 efficiency, $1,060 1-bedroom, $1,150 2-bedroom, $1,590 3-bedroom, and $1,810 4-bedroom. These are gross rents (contract rent + essential utilities), effective October 1, 2026 through September 30, 2027. The PHA’s payment standard is usually 90–110% of SAFMR, not the SAFMR itself.

How much will Section 8 pay for a 2-bedroom in 05903?

Jeff Crowe CRE lists the FY2027 2-bedroom SAFMR for 05903 at $1,150. A typical payment-standard band is $1,035 to $1,265 (90–110% of SAFMR). Actual HAP depends on the adopted PHA schedule, the utility allowance, household income, and rent reasonableness. Confirm with the administering PHA.

What is the Section 8 payment standard in 05903?

HUD does not publish each PHA’s adopted payment standard. Jeff Crowe CRE shows the statutory 90–110% band around the FY2027 SAFMR for ZIP 05903: 1BR $954–$1,166, 2BR $1,035–$1,265, 3BR $1,431–$1,749. Ask the local housing authority for the current schedule and utility allowance.

Is the SAFMR the same as the Section 8 payment standard?

No. On Jeff Crowe CRE, SAFMR is HUD’s ZIP-level Fair Market Rent. The payment standard is what the PHA adopts, usually between 90% and 110% of SAFMR. Contract rent can differ again after the utility allowance. Asking rent can sit above the payment standard; the household pays the gap if the PHA allows it.

What is the HUD Fair Market Rent for 05903?

Jeff Crowe CRE publishes the HUD Fair Market Rent used for Housing Choice Vouchers in ZIP 05903 as the FY2027 Small Area FMR: $900 efficiency, $1,060 1BR, $1,150 2BR, $1,590 3BR, $1,810 4BR.

Why is 05903 a Small Area FMR instead of one metro-wide number?

05903 is in the Essex County, VT FMR area. Jeff Crowe CRE maps HUD SAFMR at the ZIP so voucher holders can reach neighborhoods whose rents sit above or below the metro average.

How should a small multifamily investor use the 05903 SAFMR?

Jeff Crowe CRE treats SAFMR as a bid floor/ceiling check for voucher-heavy rentals in Essex County, VT — not as market rent. Confirm the administering PHA’s adopted payment standard. Voucher Spread™ (SAFMR vs FMLS small multifamily) is published on Jeff Crowe CRE for Georgia ZIPs that clear the sample threshold.

Where is the housing-stock profile for ZIP 05903?

Jeff Crowe CRE publishes Census housing stock, renter share, small-multifamily composition, LIHTC inventory, and 2018–2023 population change for ZIP 05903 on the ZIP 05903 — Canaan, VT housing and small multifamily market. This page is the HUD SAFMR / Section 8 schedule only.