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Newbury, MA

CitySAFMR
Essex County
Found 1 ZIP

City Median Investment Score

41Below average

095130300
BRFMR
Eff. Rent
0 BR$2,220$2,130
1 BR$2,290$2,500
2 BR$2,740$3,010
3 BR$3,260$3,290
4 BR$3,600$3,430
5 BR$4,140Not available
6 BR$4,761Not available
7 BR$5,475Not available
8 BR$6,296Not available

Purchase Price Calculator

Maximum purchase price
$385,368

Cost breakdown

+Likely effective rent$3,010
HUD FMR$2,740
Market rent$3,160
Est. payment standard (110%)Used$3,010
-Principal and interest-$1,949
Loan amount$308,295
Down payment$77,074
Rate6.50%
Term30 years
-Operating costs-$861
Property taxes-$385
Insurance-$175
Utilities$0
HOA$0
Management-$301
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$47,877(62.1% ROI)
Projected value
$414,999
Return breakdown
Property appreciation+$29,631
Loan principal paid down+$11,045
Rental cash flow+$7,200
5-year hold
+$82,338(106.8% ROI)
Projected value
$436,009
Return breakdown
Property appreciation+$50,641
Loan principal paid down+$19,697
Rental cash flow+$12,000
10-year hold
+$178,870(232.1% ROI)
Projected value
$493,304
Return breakdown
Property appreciation+$107,936
Loan principal paid down+$46,934
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.04
1 BR
0.87
2 BR
0.87
3 BR
0.98
4 BR
1.05
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Newbury, MA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Newbury, MA is $2,740 a month. That is up 1.5% from $2,700 in FY 2026. Newbury 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 Newbury is 23% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Newbury, MA
BedroomsFY 2027Change90–110% range
Studio$2,220+2.3%$1,998–$2,442
1BR$2,290+0.9%$2,061–$2,519
2BR$2,740+1.5%$2,466–$3,014
3BR$3,260+0.6%$2,934–$3,586
4BR$3,600+0.8%$3,240–$3,960

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Newbury, MA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,220$2,290$2,740$3,260$3,600
FY 2026$2,170$2,270$2,700$3,240$3,570
FY 2025$2,150$2,270$2,690$3,240$3,570
FY 2024$1,830$1,980$2,380$2,890$3,190
FY 2023$1,630$1,790$2,160$2,670$2,930

Questions about Newbury, MA rents

How much will Section 8 pay for a two-bedroom in Newbury, 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 $2,740 it would be $2,466 to $3,014. 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 Newbury, MA in?

Newbury, 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 Newbury, MA for FY 2027?

The two-bedroom FMR rose 1.5%, from $2,700 in FY 2026 to $2,740 in FY 2027. Since FY 2023 it has risen 26.9%.

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