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Concord, MA

CitySAFMR
Middlesex County
Found 1 ZIP

City Median Investment Score

45Below average

095130300
BRFMR
Eff. Rent
0 BR$2,850$2,170
1 BR$2,950$2,500
2 BR$3,520$3,490
3 BR$4,190$4,330
4 BR$4,630$5,090
5 BR$5,325Not available
6 BR$6,123Not available
7 BR$7,042Not available
8 BR$8,098Not available

Purchase Price Calculator

Maximum purchase price
$456,696

Cost breakdown

+Likely effective rent$3,490
HUD FMR$3,520
Market rentUsed$3,490
Est. payment standard (99%)$3,500
-Principal and interest-$2,309
Loan amount$365,357
Down payment$91,339
Rate6.50%
Term30 years
-Operating costs-$981
Property taxes-$457
Insurance-$175
Utilities$0
HOA$0
Management-$349
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$55,405(60.7% ROI)
Projected value
$491,812
Return breakdown
Property appreciation+$35,116
Loan principal paid down+$13,090
Rental cash flow+$7,200
5-year hold
+$95,356(104.4% ROI)
Projected value
$516,710
Return breakdown
Property appreciation+$60,014
Loan principal paid down+$23,343
Rental cash flow+$12,000
10-year hold
+$207,535(227.2% ROI)
Projected value
$584,610
Return breakdown
Property appreciation+$127,914
Loan principal paid down+$55,621
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.31
1 BR
1.18
2 BR
1.01
3 BR
0.95
4 BR
0.87
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Concord, MA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Concord, MA is $3,520 a month. That is up 0.6% from $3,500 in FY 2026. Concord 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 Concord is 58% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Concord, MA
BedroomsFY 2027Change90–110% range
Studio$2,850+1.4%$2,565–$3,135
1BR$2,9500.0%$2,655–$3,245
2BR$3,520+0.6%$3,168–$3,872
3BR$4,190−0.2%$3,771–$4,609
4BR$4,6300.0%$4,167–$5,093

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Concord, MA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,850$2,950$3,520$4,190$4,630
FY 2026$2,810$2,950$3,500$4,200$4,630
FY 2025$2,780$2,940$3,480$4,190$4,610
FY 2024$2,730$2,930$3,490$4,220$4,650
FY 2023$2,500$2,710$3,250$3,960$4,370

Questions about Concord, MA rents

How much will Section 8 pay for a two-bedroom in Concord, 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 $3,520 it would be $3,168 to $3,872. 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 Concord, MA in?

Concord, 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 Concord, MA for FY 2027?

The two-bedroom FMR rose 0.6%, from $3,500 in FY 2026 to $3,520 in FY 2027. Since FY 2023 it has risen 8.3%.

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