MA/Essex County/GLOUCESTER
GLOUCESTER, MA
CityFMR
Essex County
Found 2 ZIPs
BRFMR
Eff. Rent
0 BR$2,359$2,080 – $2,370
1 BR$2,476$2,390 – $2,520
2 BR$2,941$2,730 – $3,040
3 BR$3,526$3,260 – $3,590
4 BR$3,894$4,190 – $4,280
5 BR$4,478
6 BR$5,150
7 BR$5,922
8 BR$6,811

Purchase Price Calculator

Maximum purchase price
$371,994

Cost breakdown

+Likely effective rent$2,920
HUD FMR$2,941
Market rentUsed$2,915
Est. payment standard (99%)$2,920
Market rent is below the inferred standard ($2,920, 99% of FMR).
-Principal and interest-$1,881
Loan amount$297,595
Down payment$74,399
Rate6.50%
Term30 years
-Operating costs-$839
Property taxes-$372
Insurance-$175
Utilities$0
HOA$0
Management-$292
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$46,465(62.5% ROI)
Projected value
$400,597
Current value$371,994
Return breakdown
Property appreciation+$28,603
Loan principal paid down+$10,662
Rental cash flow+$7,200
5-year hold
+$79,897(107.4% ROI)
Projected value
$420,877
Current value$371,994
Return breakdown
Property appreciation+$48,883
Loan principal paid down+$19,013
Rental cash flow+$12,000
10-year hold
+$173,495(233.2% ROI)
Projected value
$476,184
Current value$371,994
Return breakdown
Property appreciation+$104,190
Loan principal paid down+$45,306
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
1.00ratio
FMR$2,359
Market$2,370
vs market-$11

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

90% standard$2,123 / 0.90 ratio110% standard$2,595 / 1.09 ratio
1
Studio- 1 ZIP
1.13ratio
FMR$2,359
Market$2,080
vs market+$279

FMR is above market; underwrite to market rent.

90% standard$2,123 / 1.02 ratio110% standard$2,595 / 1.25 ratio
1
1.00-1.13
1 BR
1 BR- 1 ZIP
0.97ratio
FMR$2,476
Market$2,550
vs market-$74

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

90% standard$2,228 / 0.87 ratio110% standard$2,724 / 1.07 ratio
1
1 BR- 1 ZIP
1.04ratio
FMR$2,476
Market$2,390
vs market+$86

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

90% standard$2,228 / 0.93 ratio110% standard$2,724 / 1.14 ratio
1
0.97-1.04
2 BR
2 BR- 1 ZIP
0.95ratio
FMR$2,941
Market$3,100
vs market-$159

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

90% standard$2,647 / 0.85 ratio110% standard$3,235 / 1.04 ratio
1
2 BR- 1 ZIP
1.08ratio
FMR$2,941
Market$2,730
vs market+$211

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

90% standard$2,647 / 0.97 ratio110% standard$3,235 / 1.19 ratio
1
0.95-1.08
3 BR
3 BR- 1 ZIP
0.97ratio
FMR$3,526
Market$3,630
vs market-$104

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

90% standard$3,173 / 0.87 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
0.86ratio
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
1
4 BR- 1 ZIP
0.90ratio
FMR$3,894
Market$4,350
vs market-$456

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

90% standard$3,505 / 0.81 ratio110% standard$4,283 / 0.98 ratio
1
0.86-0.90
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 GLOUCESTER, 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

GLOUCESTER, MA fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for GLOUCESTER, 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 GLOUCESTER, MA FMR, GLOUCESTER, MA fair market rent, and GLOUCESTER, 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 GLOUCESTER, MA
Bedroom sizeHUD FMR
Studio$2,359
1 bedroom$2,476
2 bedroom$2,941
3 bedroom$3,526
4 bedroom$3,894