Housing market/Vermont/ZIP 05602
ZIP 05602 Montpelier, Washington County, Vermont
Washington County, VT · Vermont. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 05602 · VT — sent to you.
ZIP 05602 · VT
ACS rent vs 2BR SAFMR
ZIP 05602 — Montpelier, VT HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 05602
- 1-unit detached3,51058.9%
- 1-unit attached1893.2%
- 2–4 units1,05817.7%
- 5–49 units76612.9%
- 50+ units1382.3%
- Mobile3005.0%
2–4 unit share 17.7% · 5–49 unit share 12.9% · combined 2–49 30.6%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,184 (all bedrooms, occupied rentals).
- Median contract rent $1,112.
- Renters paying ≥30% of income 36.0%; ≥50% 13.6%.
- FY2027 2BR SAFMR $1,870 (1.579× ACS median gross rent).
Population
12,491 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +6.0%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 13 projects, 353 units.
- HUD project-based assisted MF: 4 properties, 87 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 05602 32.9% of occupied households are renters; vacancy is 6.1%; ACS median gross rent is $1,184; population increased +6.0% between the 2018 and 2023 ACS vintages; the housing stock includes 1,058 units in 2–4-unit structures and 766 units in 5–49-unit structures; 13 LIHTC projects totaling 353 units; FY2027 2BR SAFMR is $1,870 versus ACS median gross rent of $1,184. 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 05602 is a Census / HUD profile for Washington County, VT. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 05602 — Montpelier, VT HUD Section 8 Payment Standards / SAFMR·Vermont ZIP directory
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 05602?
ZIP 05602 (Washington County, VT) has 12,491 residents, 5,595 households, a renter share of 32.9%, median household income of $81,552, and ACS 2023 median gross rent of $1,184. Vacancy is 6.1%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 05602?
ACS counts 429 units in 2-unit buildings, 629 in 3–4 unit buildings, 436 in 5–9, 146 in 10–19, and 184 in 20–49. Combined 2–49 unit stock is 1,824 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 05602?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,870. See the full schedule and 90–110% payment-standard band on the ZIP 05602 — Montpelier, VT HUD Section 8 Payment Standards / SAFMR.
Does this Vermont ZIP profile include Georgia listings?
No. ZIP 05602 is Census / HUD research for Washington County, VT. 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.