MA/Suffolk County/BOSTON
BOSTON, MA
CityFMR
Suffolk County
Found 23 ZIPs
Zillow
BRFMR
Eff. Rent
0 BR$2,359▲$2,200 – $2,590
1 BR$2,476▲$2,720
2 BR$2,941▲$3,240
3 BR$3,526▲$3,880
4 BR$3,894▲$3,740 – $4,280
5 BR$4,478▲—
6 BR$5,150▲—
7 BR$5,922▲—
8 BR$6,811▲—

Purchase Price Calculator

Maximum purchase price
$419,546

Cost breakdown

+Likely effective rent$3,240
HUD FMR$2,941
Market rent$5,390
Est. payment standard (110%)Used$3,240
Estimated payment standard is $3,240 (110% of FMR).
-Principal and interest-$2,121
Loan amount$335,637
Down payment$83,909
Rate6.50%
Term30 years
-Operating costs-$919
Property taxes-$420
Insurance-$175
Utilities$0
HOA$0
Management-$324
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$51,484(61.4% ROI)
Projected value
$451,805
Current value$419,546
Return breakdown
Property appreciation+$32,259
Loan principal paid down+$12,025
Rental cash flow+$7,200
5-year hold
+$88,576(105.6% ROI)
Projected value
$474,678
Current value$419,546
Return breakdown
Property appreciation+$55,132
Loan principal paid down+$21,444
Rental cash flow+$12,000
10-year hold
+$192,605(229.5% ROI)
Projected value
$537,055
Current value$419,546
Return breakdown
Property appreciation+$117,508
Loan principal paid down+$51,097
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
0.51ratio
FMR$2,359
Market$4,650
vs market-$2,291

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

Studio- 7 ZIPs
0.66-0.67ratio range
Median FMR$2,359
Median Market$3,570
vs market-$1,211

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

90% standard$2,123 / 0.59 ratio110% standard$2,595 / 0.73 ratio
7
Studio- 5 ZIPs
0.70-0.72ratio range
Median FMR$2,359
Median Market$3,330
vs market-$971

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

90% standard$2,123 / 0.64 ratio110% standard$2,595 / 0.78 ratio
5
Studio- 4 ZIPs
0.73-0.76ratio range
Median FMR$2,359
Median Market$3,155
vs market-$796

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

90% standard$2,123 / 0.67 ratio110% standard$2,595 / 0.82 ratio
4
Studio- 1 ZIP
0.77ratio
FMR$2,359
Market$3,050
vs market-$691

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

90% standard$2,123 / 0.70 ratio110% standard$2,595 / 0.85 ratio
Studio- 1 ZIP
0.85ratio
FMR$2,359
Market$2,770
vs market-$411

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

90% standard$2,123 / 0.77 ratio110% standard$2,595 / 0.94 ratio
Studio- 1 ZIP
0.89ratio
FMR$2,359
Market$2,640
vs market-$281

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

90% standard$2,123 / 0.80 ratio110% standard$2,595 / 0.98 ratio
Studio- 2 ZIPs
0.92-0.93ratio range
Median FMR$2,359
Median Market$2,555
vs market-$196

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

90% standard$2,123 / 0.83 ratio110% standard$2,595 / 1.02 ratio
Studio- 1 ZIP
1.07ratio
FMR$2,359
Market$2,200
vs market+$159

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

90% standard$2,123 / 0.97 ratio110% standard$2,595 / 1.18 ratio
0.51-1.07
1 BR
1 BR- 14 ZIPs
0.53-0.63ratio range
Median FMR$2,476
Median Market$4,335
vs market-$1,859

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

90% standard$2,228 / 0.51 ratio110% standard$2,724 / 0.63 ratio
14
1 BR- 3 ZIPs
0.65-0.68ratio range
Median FMR$2,476
Median Market$3,790
vs market-$1,314

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

90% standard$2,228 / 0.59 ratio110% standard$2,724 / 0.72 ratio
1 BR- 2 ZIPs
0.70-0.71ratio range
Median FMR$2,476
Median Market$3,525
vs market-$1,049

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

90% standard$2,228 / 0.63 ratio110% standard$2,724 / 0.77 ratio
1 BR- 2 ZIPs
0.74-0.77ratio range
Median FMR$2,476
Median Market$3,285
vs market-$809

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

90% standard$2,228 / 0.68 ratio110% standard$2,724 / 0.83 ratio
1 BR- 1 ZIP
0.78ratio
FMR$2,476
Market$3,180
vs market-$704

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

90% standard$2,228 / 0.70 ratio110% standard$2,724 / 0.86 ratio
1 BR- 1 ZIP
0.84ratio
FMR$2,476
Market$2,950
vs market-$474

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

90% standard$2,228 / 0.76 ratio110% standard$2,724 / 0.92 ratio
0.53-0.84
2 BR
2 BR- 18 ZIPs
0.45-0.64ratio range
Median FMR$2,941
Median Market$5,645
vs market-$2,704

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

18
2 BR- 2 ZIPs
0.66-0.67ratio range
Median FMR$2,941
Median Market$4,440
vs market-$1,499

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

90% standard$2,647 / 0.60 ratio110% standard$3,235 / 0.73 ratio
2 BR- 2 ZIPs
0.69-0.72ratio range
Median FMR$2,941
Median Market$4,175
vs market-$1,234

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

90% standard$2,647 / 0.63 ratio110% standard$3,235 / 0.78 ratio
2 BR- 1 ZIP
0.85ratio
FMR$2,941
Market$3,460
vs market-$519

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

90% standard$2,647 / 0.77 ratio110% standard$3,235 / 0.94 ratio
0.45-0.85
3 BR
3 BR- 16 ZIPs
0.35-0.62ratio range
Median FMR$3,526
Median Market$6,080
vs market-$2,554

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

90% standard$3,173 / 0.52 ratio110% standard$3,879 / 0.64 ratio
16
3 BR- 3 ZIPs
0.67-0.68ratio range
Median FMR$3,526
Median Market$5,220
vs market-$1,694

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

90% standard$3,173 / 0.61 ratio110% standard$3,879 / 0.74 ratio
3 BR- 2 ZIPs
0.70-0.72ratio range
Median FMR$3,526
Median Market$4,970
vs market-$1,444

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

90% standard$3,173 / 0.64 ratio110% standard$3,879 / 0.78 ratio
3 BR- 1 ZIP
0.77ratio
FMR$3,526
Market$4,580
vs market-$1,054

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

90% standard$3,173 / 0.69 ratio110% standard$3,879 / 0.85 ratio
3 BR- 1 ZIP
0.82ratio
FMR$3,526
Market$4,280
vs market-$754

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

90% standard$3,173 / 0.74 ratio110% standard$3,879 / 0.91 ratio
0.35-0.82
4 BR
4 BR- 7 ZIPs
0.38-0.64ratio range
Median FMR$3,894
Median Market$6,730
vs market-$2,836

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

90% standard$3,505 / 0.52 ratio110% standard$4,283 / 0.64 ratio
7
4 BR- 2 ZIPs
0.66ratio range
Median FMR$3,894
Median Market$5,900
vs market-$2,006

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

90% standard$3,505 / 0.59 ratio110% standard$4,283 / 0.73 ratio
4 BR- 2 ZIPs
0.69-0.70ratio range
Median FMR$3,894
Median Market$5,625
vs market-$1,731

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

90% standard$3,505 / 0.62 ratio110% standard$4,283 / 0.76 ratio
4 BR- 1 ZIP
0.76ratio
FMR$3,894
Market$5,120
vs market-$1,226

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

90% standard$3,505 / 0.68 ratio110% standard$4,283 / 0.84 ratio
4 BR- 3 ZIPs
0.78-0.81ratio range
Median FMR$3,894
Median Market$4,840
vs market-$946

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

90% standard$3,505 / 0.72 ratio110% standard$4,283 / 0.89 ratio
4 BR- 1 ZIP
0.86ratio
FMR$3,894
Market$4,550
vs market-$656

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

90% standard$3,505 / 0.77 ratio110% standard$4,283 / 0.94 ratio
4 BR- 1 ZIP
0.87ratio
FMR$3,894
Market$4,480
vs market-$586

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

90% standard$3,505 / 0.78 ratio110% standard$4,283 / 0.96 ratio
4 BR- 5 ZIPs
0.92ratio range
Median FMR$3,894
Median Market$4,240
vs market-$346

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

90% standard$3,505 / 0.83 ratio110% standard$4,283 / 1.01 ratio
5
4 BR- 1 ZIP
1.04ratio
FMR$3,894
Market$3,740
vs market+$154

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

90% standard$3,505 / 0.94 ratio110% standard$4,283 / 1.15 ratio
0.38-1.04
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

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 BOSTON, 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.

What is FMR?What is SAFMR?Data sourcesIncomplete geosView county page
Related ZIPs
02108021090211002111021120211302114021150211602117

BOSTON, MA fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for BOSTON, 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 BOSTON, MA FMR, BOSTON, MA fair market rent, and BOSTON, 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 BOSTON, MA
Bedroom sizeHUD FMR
Studio$2,359
1 bedroom$2,476
2 bedroom$2,941
3 bedroom$3,526
4 bedroom$3,894
Suffolk County fair market rent02108 FMR02109 FMR02110 FMR02111 FMR02112 FMR02113 FMR02114 FMR02115 FMR