LOWELL, MA
CityFMR
Middlesex County
Found 5 ZIPs
BRFMR
Eff. Rent
0 BR$2,359$1,650 – $2,150
1 BR$2,476$1,650 – $2,720
2 BR$2,941$2,050 – $3,070
3 BR$3,526$2,750 – $3,590
4 BR$3,894$3,000 – $4,280
5 BR$4,478
6 BR$5,150
7 BR$5,922
8 BR$6,811

Purchase Price Calculator

Maximum purchase price
$294,723

Cost breakdown

+Likely effective rent$2,400
HUD FMR$2,941
Market rentUsed$2,400
Est. payment standard (90%)$2,650
Market rent is below the inferred standard ($2,650, 90% of FMR).
-Principal and interest-$1,490
Loan amount$235,778
Down payment$58,945
Rate6.50%
Term30 years
-Operating costs-$710
Property taxes-$295
Insurance-$175
Utilities$0
HOA$0
Management-$240
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$38,309(65.0% ROI)
Projected value
$317,384
Current value$294,723
Return breakdown
Property appreciation+$22,661
Loan principal paid down+$8,447
Rental cash flow+$7,200
5-year hold
+$65,793(111.6% ROI)
Projected value
$333,451
Current value$294,723
Return breakdown
Property appreciation+$38,729
Loan principal paid down+$15,064
Rental cash flow+$12,000
10-year hold
+$142,442(241.7% ROI)
Projected value
$377,270
Current value$294,723
Return breakdown
Property appreciation+$82,547
Loan principal paid down+$35,895
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
Studio- 4 ZIPs
1.40-1.43ratio range
Median FMR$2,359
Median Market$1,670
vs market+$689

FMR is above market; underwrite to market rent.

90% standard$2,123 / 1.27 ratio110% standard$2,595 / 1.55 ratio
4
1.10-1.43
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
1.23ratio
FMR$2,476
Market$2,020
vs market+$456

FMR is above market; underwrite to market rent.

90% standard$2,228 / 1.10 ratio110% standard$2,724 / 1.35 ratio
1
1 BR- 1 ZIP
1.30ratio
FMR$2,476
Market$1,910
vs market+$566

FMR is above market; underwrite to market rent.

90% standard$2,228 / 1.17 ratio110% standard$2,724 / 1.43 ratio
1
1 BR- 1 ZIP
1.31ratio
FMR$2,476
Market$1,890
vs market+$586

FMR is above market; underwrite to market rent.

90% standard$2,228 / 1.18 ratio110% standard$2,724 / 1.44 ratio
1
1 BR- 1 ZIP
1.50ratio
FMR$2,476
Market$1,650
vs market+$826

FMR is above market; underwrite to market rent.

90% standard$2,228 / 1.35 ratio110% standard$2,724 / 1.65 ratio
1
0.85-1.50
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
1.06ratio
FMR$2,941
Market$2,780
vs market+$161

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

90% standard$2,647 / 0.95 ratio110% standard$3,235 / 1.16 ratio
1
2 BR- 1 ZIP
1.23ratio
FMR$2,941
Market$2,400
vs market+$541

FMR is above market; underwrite to market rent.

90% standard$2,647 / 1.10 ratio110% standard$3,235 / 1.35 ratio
1
2 BR- 1 ZIP
1.28ratio
FMR$2,941
Market$2,290
vs market+$651

FMR is above market; underwrite to market rent.

90% standard$2,647 / 1.16 ratio110% standard$3,235 / 1.41 ratio
1
2 BR- 1 ZIP
1.43ratio
FMR$2,941
Market$2,050
vs market+$891

FMR is above market; underwrite to market rent.

90% standard$2,647 / 1.29 ratio110% standard$3,235 / 1.58 ratio
1
0.94-1.43
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
3 BR- 3 ZIPs
1.19-1.20ratio range
Median FMR$3,526
Median Market$2,950
vs market+$576

FMR is above market; underwrite to market rent.

90% standard$3,173 / 1.08 ratio110% standard$3,879 / 1.31 ratio
3
3 BR- 1 ZIP
1.28ratio
FMR$3,526
Market$2,750
vs market+$776

FMR is above market; underwrite to market rent.

90% standard$3,173 / 1.15 ratio110% standard$3,879 / 1.41 ratio
0.97-1.28
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- 2 ZIPs
1.21-1.22ratio range
Median FMR$3,894
Median Market$3,210
vs market+$684

FMR is above market; underwrite to market rent.

90% standard$3,505 / 1.09 ratio110% standard$4,283 / 1.33 ratio
2
4 BR- 2 ZIPs
1.27-1.30ratio range
Median FMR$3,894
Median Market$3,035
vs market+$859

FMR is above market; underwrite to market rent.

90% standard$3,505 / 1.15 ratio110% standard$4,283 / 1.41 ratio
2
0.84-1.30
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 LOWELL, 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.

LOWELL, MA fair market rent and Section 8 rent limits

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