FMR is near market; voucher and private rents are aligned.
1.05
1 BR
1 BR- 02129
0.93ratio
FMR$3,050
Market$3,270
vs market-$220
FMR is near market; voucher and private rents are aligned.
0.93
2 BR
2 BR- 02129
0.87ratio
FMR$3,620
Market$4,140
vs market-$520
FMR is below market; voucher rent may lag private rents.
0.87
3 BR
3 BR- 02129
0.93ratio
FMR$4,340
Market$4,660
vs market-$320
FMR is near market; voucher and private rents are aligned.
0.93
4 BR
4 BR- 02129
0.85ratio
FMR$4,790
Market$5,650
vs market-$860
FMR is below market; voucher rent may lag private rents.
0.85
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Charlestown, MA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Charlestown, MA is $3,620 a month. That is down 10.0% from $4,020 in FY 2026. Charlestown is in the Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area. 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 $3,008. The median county two-bedroom FMR in Massachusetts is $2,222, so Charlestown is 63% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Charlestown, MA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$3,220
$2,900
−9.9%
$2,610–$3,190
1BR
$3,380
$3,050
−9.8%
$2,745–$3,355
2BR
$4,020
$3,620
−10.0%
$3,258–$3,982
3BR
$4,820
$4,340
−10.0%
$3,906–$4,774
4BR
$5,320
$4,790
−10.0%
$4,311–$5,269
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Charlestown, MA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,900
$3,050
$3,620
$4,340
$4,790
FY 2026
$3,220
$3,380
$4,020
$4,820
$5,320
FY 2025
$3,070
$3,250
$3,850
$4,640
$5,100
FY 2024
$2,920
$3,140
$3,730
$4,510
$4,970
FY 2023
$2,720
$2,950
$3,540
$4,310
$4,760
Questions about Charlestown, MA rents
How much will Section 8 pay for a two-bedroom in Charlestown, MA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $3,008, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,707 to $3,309 a month; under the ZIP-level Small Area FMR of $3,620 it would be $3,258 to $3,982. 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 Charlestown, MA in?
Charlestown, MA is in the Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $3,008.
How much did fair market rent change in Charlestown, MA for FY 2027?
The two-bedroom FMR fell 10.0%, from $4,020 in FY 2026 to $3,620 in FY 2027. Since FY 2023 it has risen 2.3%.
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