FMR is near market; voucher and private rents are aligned.
1.00
2 BR
2 BR- 02492
1.00ratio
FMR$3,570
Market$3,560
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.00
3 BR
3 BR- 02492
1.00ratio
FMR$4,250
Market$4,260
vs market-$10
FMR is near market; voucher and private rents are aligned.
1.00
4 BR
4 BR- 02492
0.85ratio
FMR$4,690
Market$5,500
vs market-$810
FMR is below market; voucher rent may lag private rents.
0.85
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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Needham, MA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Needham, MA is $3,570 a month. That is down 0.8% from $3,600 in FY 2026. Needham is in the Brockton, MA 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 $2,409. The median county two-bedroom FMR in Massachusetts is $2,222, so Needham is 61% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Needham, MA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,890
$2,900
+0.3%
$2,610–$3,190
1BR
$3,030
$2,990
−1.3%
$2,691–$3,289
2BR
$3,600
$3,570
−0.8%
$3,213–$3,927
3BR
$4,320
$4,250
−1.6%
$3,825–$4,675
4BR
$4,770
$4,690
−1.7%
$4,221–$5,159
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Needham, MA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,900
$2,990
$3,570
$4,250
$4,690
FY 2026
$2,890
$3,030
$3,600
$4,320
$4,770
FY 2025
$2,620
$2,780
$3,290
$3,960
$4,360
FY 2024
$2,260
$2,430
$2,890
$3,490
$3,850
FY 2023
$1,770
$1,920
$2,300
$2,800
$3,090
Questions about Needham, MA rents
How much will Section 8 pay for a two-bedroom in Needham, MA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,409, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,168 to $2,650 a month; under the ZIP-level Small Area FMR of $3,570 it would be $3,213 to $3,927. 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 Needham, MA in?
Needham, MA is in the Brockton, MA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,409.
How much did fair market rent change in Needham, MA for FY 2027?
The two-bedroom FMR fell 0.8%, from $3,600 in FY 2026 to $3,570 in FY 2027. Since FY 2023 it has risen 55.2%.
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