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MA/Dukes County/Oak Bluffs

Oak Bluffs, MA

CitySAFMR
Dukes County
Found 1 ZIP

City Median Investment Score

32Below average

095130300
BRFMR
Eff. Rent
0 BR$1,640$1,800
1 BR$1,800$1,980
2 BR$2,360$2,600
3 BR$3,270$3,600
4 BR$3,650$4,020
5 BR$4,198Not available
6 BR$4,827Not available
7 BR$5,551Not available
8 BR$6,384Not available

Purchase Price Calculator

Maximum purchase price
$324,442

Cost breakdown

+Likely effective rent$2,600
HUD FMR$2,360
Market rent$10,180
Est. payment standard (110%)Used$2,600
-Principal and interest-$1,641
Loan amount$259,554
Down payment$64,888
Rate6.50%
Term30 years
-Operating costs-$759
Property taxes-$324
Insurance-$175
Utilities$0
HOA$0
Management-$260
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$41,446(63.9% ROI)
Projected value
$349,389
Return breakdown
Property appreciation+$24,947
Loan principal paid down+$9,299
Rental cash flow+$7,200
5-year hold
+$71,217(109.8% ROI)
Projected value
$367,077
Return breakdown
Property appreciation+$42,634
Loan principal paid down+$16,583
Rental cash flow+$12,000
10-year hold
+$154,385(237.9% ROI)
Projected value
$415,314
Return breakdown
Property appreciation+$90,871
Loan principal paid down+$39,514
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.13
1 BR
0.14
2 BR
0.23
3 BR
0.27
4 BR
0.28
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Oak Bluffs, MA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Oak Bluffs, MA is $2,360 a month. That is up 3.1% from $2,290 in FY 2026. Oak Bluffs is in the Dukes County, MA non-metropolitan 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 county-wide two-bedroom FMR of $2,010. The median county two-bedroom FMR in Massachusetts is $2,222, so Oak Bluffs is 6% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Oak Bluffs, MA
BedroomsFY 2027Change90–110% range
Studio$1,640−6.3%$1,476–$1,804
1BR$1,800+1.7%$1,620–$1,980
2BR$2,360+3.1%$2,124–$2,596
3BR$3,270+1.9%$2,943–$3,597
4BR$3,650+7.4%$3,285–$4,015

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Oak Bluffs, MA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,640$1,800$2,360$3,270$3,650
FY 2026$1,750$1,770$2,290$3,210$3,400
FY 2025$1,940$1,960$2,540$3,560$3,770
FY 2024area FMR$1,690$1,886$2,156$2,911$2,922
FY 2023area FMR$1,778$2,058$2,325$3,016$3,180

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Oak Bluffs, MA rents

How much will Section 8 pay for a two-bedroom in Oak Bluffs, MA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $2,010, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,809 to $2,211 a month; under the ZIP-level Small Area FMR of $2,360 it would be $2,124 to $2,596. 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 Oak Bluffs, MA in?

Oak Bluffs, MA is in the Dukes County, MA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $2,010.

How much did fair market rent change in Oak Bluffs, MA for FY 2027?

The two-bedroom FMR rose 3.1%, from $2,290 in FY 2026 to $2,360 in FY 2027. Since FY 2025 it has fallen 7.1%.

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