ZIP 06896 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 06896 in the Bridgeport-Stamford-Danbury, CT MSA FMR area.

$1,970Efficiency
$2,4401 bedroom
$2,8402 bedrooms
$3,4303 bedrooms
$4,2104 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,970$1,773$2,167$1,671
1 bedroom$2,440$2,196$2,684$2,071
2 bedrooms$2,840$2,556$3,124$2,399
3 bedrooms$3,430$3,087$3,773$2,878
4 bedrooms$4,210$3,789$4,631$3,573

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 06896

$226,045average adjusted gross income per tax return (2022)
$125,353average salaries and wages per return
4,220tax returns filed
15%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00017.8%
$25,000 to $50,00010.0%
$50,000 to $75,0008.3%
$75,000 to $100,0007.8%
$100,000 to $200,00023.0%
$200,000 or more33.2%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 3.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 06896?

HUD's FY2027 Small Area FMRs for ZIP 06896 (Bridgeport-Stamford-Danbury, CT MSA) are $1,970 efficiency, $2,440 one bedroom, $2,840 two bedrooms, $3,430 three and $4,210 four bedrooms.

What payment standard can a housing authority set in ZIP 06896?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $2,556 to $3,124.

How affordable is rent in ZIP 06896?

Tax returns filed from ZIP 06896 reported an average adjusted gross income of $226,045 (2022). A two-bedroom unit at the Small Area FMR costs $34,080 a year, or 15% of that income.