FMR is near market; voucher and private rents are aligned.
0.96
2 BR
2 BR- 01532
1.00ratio
FMR$2,840
Market$2,840
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
3 BR
3 BR- 01532
1.07ratio
FMR$3,560
Market$3,320
vs market+$240
FMR is near market; voucher and private rents are aligned.
1.07
4 BR
4 BR- 01532
1.13ratio
FMR$4,050
Market$3,580
vs market+$470
FMR is above market; underwrite to market rent.
1.13
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
--
Northborough, MA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Northborough, MA is $2,840 a month. That is down 7.8% from $3,080 in FY 2026. Northborough is in the Fitchburg-Leominster, 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 $1,900. The median county two-bedroom FMR in Massachusetts is $2,222, so Northborough is 28% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Northborough, MA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,380
$2,190
−8.0%
$1,971–$2,409
1BR
$2,390
$2,210
−7.5%
$1,989–$2,431
2BR
$3,080
$2,840
−7.8%
$2,556–$3,124
3BR
$3,820
$3,560
−6.8%
$3,204–$3,916
4BR
$4,230
$4,050
−4.3%
$3,645–$4,455
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Northborough, MA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,190
$2,210
$2,840
$3,560
$4,050
FY 2026
$2,380
$2,390
$3,080
$3,820
$4,230
FY 2025
$2,140
$2,160
$2,780
$3,400
$3,740
FY 2024
$1,920
$1,980
$2,490
$3,010
$3,320
FY 2023
$1,780
$1,840
$2,360
$2,870
$3,170
Questions about Northborough, MA rents
How much will Section 8 pay for a two-bedroom in Northborough, MA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,900, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,710 to $2,090 a month; under the ZIP-level Small Area FMR of $2,840 it would be $2,556 to $3,124. 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 Northborough, MA in?
Northborough, MA is in the Fitchburg-Leominster, MA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,900.
How much did fair market rent change in Northborough, MA for FY 2027?
The two-bedroom FMR fell 7.8%, from $3,080 in FY 2026 to $2,840 in FY 2027. Since FY 2023 it has risen 20.3%.
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