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Agawam, MA

CitySAFMR
Hampden County
Found 1 ZIP

City Median Investment Score

92Below average

095130300
BRFMR
Eff. Rent
0 BR$1,360$1,400
1 BR$1,520$1,620
2 BR$1,930$1,940
3 BR$2,400$2,520
4 BR$2,540$2,790
5 BR$2,921Not available
6 BR$3,359Not available
7 BR$3,863Not available
8 BR$4,442Not available

Purchase Price Calculator

Maximum purchase price
$226,367

Cost breakdown

+Likely effective rent$1,940
HUD FMR$1,930
Market rent$1,940
Est. payment standard (100%)Used$1,940
-Principal and interest-$1,145
Loan amount$181,093
Down payment$45,273
Rate6.50%
Term30 years
-Operating costs-$595
Property taxes-$226
Insurance-$175
Utilities$0
HOA$0
Management-$194
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,094(68.7% ROI)
Projected value
$243,772
Return breakdown
Property appreciation+$17,405
Loan principal paid down+$6,488
Rental cash flow+$7,200
5-year hold
+$53,317(117.8% ROI)
Projected value
$256,113
Return breakdown
Property appreciation+$29,746
Loan principal paid down+$11,570
Rental cash flow+$12,000
10-year hold
+$114,971(253.9% ROI)
Projected value
$289,769
Return breakdown
Property appreciation+$63,402
Loan principal paid down+$27,569
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.96
1 BR
0.91
2 BR
0.99
3 BR
0.93
4 BR
0.85
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Agawam, MA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Agawam, MA is $1,930 a month. That is up 1.0% from $1,910 in FY 2026. Agawam is in the Springfield, MA MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,800. The median county two-bedroom FMR in Massachusetts is $2,222, so Agawam is 13% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Agawam, MA
BedroomsFY 2027Change90–110% range
Studio$1,360+1.5%$1,224–$1,496
1BR$1,5200.0%$1,368–$1,672
2BR$1,930+1.0%$1,737–$2,123
3BR$2,400+2.6%$2,160–$2,640
4BR$2,540+0.4%$2,286–$2,794

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Agawam, MA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,360$1,520$1,930$2,400$2,540
FY 2026$1,340$1,520$1,910$2,340$2,530
FY 2025$1,160$1,340$1,660$2,020$2,260
FY 2024$1,030$1,230$1,520$1,840$2,160
FY 2023$890$1,070$1,330$1,630$1,960

Questions about Agawam, MA rents

How much will Section 8 pay for a two-bedroom in Agawam, MA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,800, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,620 to $1,980 a month; under the ZIP-level Small Area FMR of $1,930 it would be $1,737 to $2,123. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Agawam, MA in?

Agawam, MA is in the Springfield, MA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,800.

How much did fair market rent change in Agawam, MA for FY 2027?

The two-bedroom FMR rose 1.0%, from $1,910 in FY 2026 to $1,930 in FY 2027. Since FY 2023 it has risen 45.1%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set