FY2025 Fair Market Rents — Colchester-Lebanon, CT HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2025 in this area are:

Studio
$1,232
1BR
$1,370
2BR
$1,797
3BR
$2,373
4BR
$2,976
Hours/week at min wage
85 hrs
to afford the 2BR FMR @ $16.35/hr (CT)
YoY change (2BR)
+6%
+$101 vs FY2024 · 5-yr +45.9%
Voucher payment standard
$1,617–$1,977
PHAs set HCV payment at 90–110% of the 2BR FMR

Colchester-Lebanon, CT HUD Metro FMR Area

Non-Metropolitan area · CT · View full history · Income limits · LIHTC rents

FY2025 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,232 $14,784
1-Bedroom $1,370 $16,440
2-Bedroom $1,797 $21,564
3-Bedroom $2,373 $28,476
4-Bedroom $2,976 $35,712

Recent 2-Bedroom FMR Trend

FY2019 $1,225 → FY2025 $1,797
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2025 $1,232 $1,370 $1,797 $2,373 $2,976
FY2024 $1,150 $1,291 $1,696 $2,239 $2,856
FY2023 $1,034 $1,174 $1,546 $2,106 $2,633
FY2022 $876 $1,035 $1,318 $1,869 $2,256
FY2021 $846 $1,007 $1,282 $1,835 $2,220
FY2020 $838 $969 $1,232 $1,777 $2,014
FY2019 $850 $957 $1,225 $1,771 $1,904

View full FMR history back to FY2000 →

FY2024 Income Limits

Area Median Income (AMI): $148,500

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $31,200 $35,650 $40,100 $44,550 $48,150 $51,700
50% AMI (Very Low) $52,000 $59,400 $66,850 $74,250 $80,200 $86,150
80% AMI (Low) $68,500 $78,250 $88,050 $97,800 $105,650 $113,450

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$21,564/yr
FMR as % of Area Median Income
14.5% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$71,880/yr
$5,990/mo gross income

FY2024 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band Studio 1BR 2BR 3BR 4BR
50% AMI Maximum $1,299 $1,485 $1,670 $2,004 $2,153
60% AMI Maximum $1,559 $1,782 $2,004 $2,405 $2,583

FY2024 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,150 $1,291 $1,696 $2,239 $2,413
Low HOME Rent $1,300 $1,485 $1,671 $1,856 $2,005

Compare Colchester-Lebanon, CT HUD Metro FMR Area With Other CT Metros

vs. Ansonia town, CT Exception Area vs. Beacon Falls town, CT Exception Area vs. Bridgeport, CT HUD Metro FMR Area vs. Bridgeport-Stamford-Danbury, CT MSA vs. Cheshire town, CT Exception Area

Counties in This FMR Area

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