FY2026 Fair Market Rents — Chittenden County
Studio
$1,497
1BR
$1,651
2BR
$2,140
3BR
$2,745
4BR
$2,833
Chittenden County, Vermont
FIPS 50007 · County-level FMR and income limit data
FMR Area: Burlington-South Burlington, VT MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,497 | $17,964 |
| 1-Bedroom | $1,651 | $19,812 |
| 2-Bedroom | $2,140 | $25,680 |
| 3-Bedroom | $2,745 | $32,940 |
| 4-Bedroom | $2,833 | $33,996 |
To afford the FY2026 2-bedroom FMR of $2,140/mo under the 30%-of-income rule, a household needs about
$85,600/yr ($7,133/mo). Area Median Income is $123,400.
At VT's state minimum wage of $14.01/hr, a worker would need to work 118 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,497 | $1,651 | $2,140 | $2,745 | $2,833 |
| FY2025 | $1,380 | $1,476 | $1,936 | $2,491 | $2,567 |
| FY2024 | $1,341 | $1,441 | $1,887 | $2,390 | $2,513 |
| FY2023 | $1,139 | $1,238 | $1,615 | $1,982 | $2,170 |
| FY2022 | $1,033 | $1,163 | $1,500 | $1,854 | $2,034 |
| FY2021 | $1,091 | $1,265 | $1,628 | $2,025 | $2,208 |
| FY2020 | $1,030 | $1,223 | $1,573 | $1,974 | $2,131 |
FY2026 Income Limits
Area Median Income: $123,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $26,200 | $29,950 | $33,700 | $37,400 | $40,400 | $44,360 |
| 50% AMI | $43,650 | $49,900 | $56,150 | $62,350 | $67,350 | $72,350 |
| 80% AMI | $69,850 | $79,800 | $89,800 | $99,750 | $107,750 | $115,750 |