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Medford, MA

CitySAFMR
Middlesex County
Found 1 ZIP

City Median Investment Score

59Below average

095130300
BRFMR
Eff. Rent
0 BR$2,700$2,010
1 BR$2,790$2,260
2 BR$3,330$2,940
3 BR$3,970$4,020
4 BR$4,380$4,410
5 BR$5,037Not available
6 BR$5,793Not available
7 BR$6,661Not available
8 BR$7,661Not available

Purchase Price Calculator

Maximum purchase price
$374,966

Cost breakdown

+Likely effective rent$2,940
HUD FMR$3,330
Market rentUsed$2,940
Est. payment standard (92%)$3,080
-Principal and interest-$1,896
Loan amount$299,973
Down payment$74,993
Rate6.50%
Term30 years
-Operating costs-$844
Property taxes-$375
Insurance-$175
Utilities$0
HOA$0
Management-$294
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$46,779(62.4% ROI)
Projected value
$403,798
Return breakdown
Property appreciation+$28,831
Loan principal paid down+$10,747
Rental cash flow+$7,200
5-year hold
+$80,439(107.3% ROI)
Projected value
$424,240
Return breakdown
Property appreciation+$49,274
Loan principal paid down+$19,165
Rental cash flow+$12,000
10-year hold
+$174,690(232.9% ROI)
Projected value
$479,989
Return breakdown
Property appreciation+$105,022
Loan principal paid down+$45,668
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.34
1 BR
1.23
2 BR
1.13
3 BR
0.98
4 BR
0.99
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Medford, MA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Medford, MA is $3,330 a month. That is up 2.5% from $3,250 in FY 2026. Medford 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 Medford is 50% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Medford, MA
BedroomsFY 2027Change90–110% range
Studio$2,700+3.4%$2,430–$2,970
1BR$2,790+1.8%$2,511–$3,069
2BR$3,330+2.5%$2,997–$3,663
3BR$3,970+1.8%$3,573–$4,367
4BR$4,380+1.9%$3,942–$4,818

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Medford, MA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,700$2,790$3,330$3,970$4,380
FY 2026$2,610$2,740$3,250$3,900$4,300
FY 2025$2,470$2,620$3,100$3,730$4,110
FY 2024$2,470$2,650$3,150$3,810$4,200
FY 2023$2,300$2,490$2,990$3,640$4,020

Questions about Medford, MA rents

How much will Section 8 pay for a two-bedroom in Medford, 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 $3,330 it would be $2,997 to $3,663. 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 Medford, MA in?

Medford, 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 Medford, MA for FY 2027?

The two-bedroom FMR rose 2.5%, from $3,250 in FY 2026 to $3,330 in FY 2027. Since FY 2023 it has risen 11.4%.

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