BILLERICA, MA
CityFMR
Middlesex County
Found 2 ZIPs
BRFMR
Eff. Rent
0 BR$2,359$2,130 – $2,150
1 BR$2,476$2,610 – $2,720
2 BR$2,941$2,680 – $3,070
3 BR$3,526$3,260 – $3,590
4 BR$3,894$3,570 – $4,280
5 BR$4,478
6 BR$5,150
7 BR$5,922
8 BR$6,811

Purchase Price Calculator

Maximum purchase price
$370,508

Cost breakdown

+Likely effective rent$2,910
HUD FMR$2,941
Market rentUsed$2,910
Est. payment standard (99%)$2,920
Market rent is below the inferred standard ($2,920, 99% of FMR).
-Principal and interest-$1,873
Loan amount$296,407
Down payment$74,102
Rate6.50%
Term30 years
-Operating costs-$837
Property taxes-$371
Insurance-$175
Utilities$0
HOA$0
Management-$291
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$46,308(62.5% ROI)
Projected value
$398,997
Current value$370,508
Return breakdown
Property appreciation+$28,489
Loan principal paid down+$10,620
Rental cash flow+$7,200
5-year hold
+$79,625(107.5% ROI)
Projected value
$419,196
Current value$370,508
Return breakdown
Property appreciation+$48,688
Loan principal paid down+$18,937
Rental cash flow+$12,000
10-year hold
+$172,898(233.3% ROI)
Projected value
$474,282
Current value$370,508
Return breakdown
Property appreciation+$103,774
Loan principal paid down+$45,125
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 1 ZIP
1.10ratio
FMR$2,359
Market$2,150
vs market+$209

FMR is near market; voucher and private rents are aligned.

90% standard$2,123 / 0.99 ratio110% standard$2,595 / 1.21 ratio
1
Studio- 1 ZIP
1.11ratio
FMR$2,359
Market$2,130
vs market+$229

FMR is above market; underwrite to market rent.

90% standard$2,123 / 1.00 ratio110% standard$2,595 / 1.22 ratio
1
1.10-1.11
1 BR
1 BR- 1 ZIP
0.85ratio
FMR$2,476
Market$2,900
vs market-$424

FMR is below market; voucher rent may lag private rents.

90% standard$2,228 / 0.77 ratio110% standard$2,724 / 0.94 ratio
1
1 BR- 1 ZIP
0.92ratio
FMR$2,476
Market$2,680
vs market-$204

FMR is near market; voucher and private rents are aligned.

90% standard$2,228 / 0.83 ratio110% standard$2,724 / 1.02 ratio
1
0.85-0.92
2 BR
2 BR- 1 ZIP
0.94ratio
FMR$2,941
Market$3,140
vs market-$199

FMR is near market; voucher and private rents are aligned.

90% standard$2,647 / 0.84 ratio110% standard$3,235 / 1.03 ratio
1
2 BR- 1 ZIP
1.10ratio
FMR$2,941
Market$2,680
vs market+$261

FMR is near market; voucher and private rents are aligned.

90% standard$2,647 / 0.99 ratio110% standard$3,235 / 1.21 ratio
1
0.94-1.10
3 BR
3 BR- 1 ZIP
0.97ratio
FMR$3,526
Market$3,620
vs market-$94

FMR is near market; voucher and private rents are aligned.

90% standard$3,173 / 0.88 ratio110% standard$3,879 / 1.07 ratio
1
3 BR- 1 ZIP
1.08ratio
FMR$3,526
Market$3,260
vs market+$266

FMR is near market; voucher and private rents are aligned.

90% standard$3,173 / 0.97 ratio110% standard$3,879 / 1.19 ratio
1
0.97-1.08
4 BR
4 BR- 1 ZIP
0.84ratio
FMR$3,894
Market$4,620
vs market-$726

FMR is below market; voucher rent may lag private rents.

90% standard$3,505 / 0.76 ratio110% standard$4,283 / 0.93 ratio
1
4 BR- 1 ZIP
1.09ratio
FMR$3,894
Market$3,570
vs market+$324

FMR is near market; voucher and private rents are aligned.

90% standard$3,505 / 0.98 ratio110% standard$4,283 / 1.20 ratio
1
0.84-1.09
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for BILLERICA, MA (MA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled FMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

BILLERICA, MA fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for BILLERICA, MA shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,941 and the 4 bedroom fair market rent is $3,894.

Use this page for searches like BILLERICA, MA FMR, BILLERICA, MA fair market rent, and BILLERICA, MA Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for BILLERICA, MA
Bedroom sizeHUD FMR
Studio$2,359
1 bedroom$2,476
2 bedroom$2,941
3 bedroom$3,526
4 bedroom$3,894