FMR is near market; voucher and private rents are aligned.
1.04
3 BR
3 BR- 02176
0.94ratio
FMR$3,360
Market$3,560
vs market-$200
FMR is near market; voucher and private rents are aligned.
0.94
4 BR
4 BR- 02176
0.94ratio
FMR$3,710
Market$3,930
vs market-$220
FMR is near market; voucher and private rents are aligned.
0.94
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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Melrose, MA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Melrose, MA is $2,820 a month. That is unchanged from FY 2026. Melrose 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 Melrose is 27% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Melrose, MA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,260
$2,290
+1.3%
$2,061–$2,519
1BR
$2,370
$2,360
−0.4%
$2,124–$2,596
2BR
$2,820
$2,820
0.0%
$2,538–$3,102
3BR
$3,380
$3,360
−0.6%
$3,024–$3,696
4BR
$3,730
$3,710
−0.5%
$3,339–$4,081
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Melrose, MA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,290
$2,360
$2,820
$3,360
$3,710
FY 2026
$2,260
$2,370
$2,820
$3,380
$3,730
FY 2025
$2,190
$2,310
$2,740
$3,300
$3,630
FY 2024
$2,150
$2,310
$2,750
$3,330
$3,660
FY 2023
$1,890
$2,050
$2,460
$2,990
$3,300
Questions about Melrose, MA rents
How much will Section 8 pay for a two-bedroom in Melrose, 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 $2,820 it would be $2,538 to $3,102. 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 Melrose, MA in?
Melrose, 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 Melrose, MA for FY 2027?
The two-bedroom FMR was unchanged at $2,820 in FY 2027. Since FY 2023 it has risen 14.6%.
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