Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔ Logo Colchester-Lebanon Fair Market Rent FY 2010 Colchester-Lebanon, CT HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Colchester-Lebanon, CT :
$739 $868 $1,139 $1,362 $1,406
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Colchester-Lebanon are very high compared to the national average. This FMR area is more expensive than 95% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Colchester-Lebanon is $1,139 per month.

The previous year, rent for a two-bedroom home was $1,078 per month. This is a 5.66% increase year-over-year.

This FMR rate applies to Hadlyme, CT, Versailles, CT, Hanover, CT, West Mystic, CT, South Lyme, CT, Yantic, CT, Old Mystic, CT, Gilman, CT, Mashantucket, CT, Montville, CT and other cities within the region. The Metro Code or CBSA code for this region is METRO35980MM3280.

Additionally, This Fair Market Rent (FMR) area Colchester-Lebanon, CT HUD Metro FMR Area spans two counties or cities in Connecticut which ares listed in the table below. Estimated population of Colchester-Lebanon, CT HUD Metro FMR Area FMR area is 21,458 people based on latest Census data.

Compared to the rest of Connecticut, the Colchester-Lebanon FMR area is less expensive than 62% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Colchester-Lebanon. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Colchester-Lebanon

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 751
1-BR 1-Bedroom $ 879
2-BR 2-Bedroom $ 1155
3-BR 3-Bedroom $ 1381
4-BR 4-Bedroom $ 1425
Change Year:

The counties, cities, towns, and regions listed below fall into the Colchester-Lebanon, CT HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Hartford & New Haven.

County / Region Est. Population
Lebanon town, CT Metro 6,907
Colchester town, CT Metro 14,551
Zip Codes in Colchester-Lebanon, CT HUD Metro FMR Area

There are 37 unique zip codes in this Fair Market Rent (FMR) area:

06231, 06249, 06254, 06320, 06330, 06333, 06334, 06335, 06336, 06338, 06339, 06340, 06349, 06350, 06351, 06353, 06355, 06357, 06359, 06360, 06365, 06370, 06371, 06372, 06374, 06375, 06376, 06378, 06379, 06380, 06382, 06383, 06384, 06385, 06388, 06389 and 06439

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