Skip to main content
Loading page

Saugus, MA

CitySAFMR
Essex County
Found 1 ZIP

City Median Investment Score

63Below average

095130300
BRFMR
Eff. Rent
0 BR$2,440$2,240
1 BR$2,520$2,310
2 BR$3,010$2,970
3 BR$3,590$3,470
4 BR$3,960$3,630
5 BR$4,554Not available
6 BR$5,237Not available
7 BR$6,023Not available
8 BR$6,926Not available

Purchase Price Calculator

Maximum purchase price
$379,424

Cost breakdown

+Likely effective rent$2,970
HUD FMR$3,010
Market rentUsed$2,970
Est. payment standard (99%)$2,980
-Principal and interest-$1,919
Loan amount$303,539
Down payment$75,885
Rate6.50%
Term30 years
-Operating costs-$851
Property taxes-$379
Insurance-$175
Utilities$0
HOA$0
Management-$297
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$47,249(62.3% ROI)
Projected value
$408,598
Return breakdown
Property appreciation+$29,174
Loan principal paid down+$10,875
Rental cash flow+$7,200
5-year hold
+$81,253(107.1% ROI)
Projected value
$429,284
Return breakdown
Property appreciation+$49,859
Loan principal paid down+$19,393
Rental cash flow+$12,000
10-year hold
+$176,481(232.6% ROI)
Projected value
$485,695
Return breakdown
Property appreciation+$106,271
Loan principal paid down+$46,210
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
1.09
1 BR
1.09
2 BR
1.01
3 BR
1.03
4 BR
1.09
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Saugus, MA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Saugus, MA is $3,010 a month. That is up 11.9% from $2,690 in FY 2026. Saugus 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 Saugus is 35% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Saugus, MA
BedroomsFY 2027Change90–110% range
Studio$2,440+13.0%$2,196–$2,684
1BR$2,520+11.0%$2,268–$2,772
2BR$3,010+11.9%$2,709–$3,311
3BR$3,590+11.1%$3,231–$3,949
4BR$3,960+11.2%$3,564–$4,356

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Saugus, MA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,440$2,520$3,010$3,590$3,960
FY 2026$2,160$2,270$2,690$3,230$3,560
FY 2025$2,000$2,140$2,550$3,080$3,390
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 Saugus, MA rents

How much will Section 8 pay for a two-bedroom in Saugus, 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 $3,010 it would be $2,709 to $3,311. 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 Saugus, MA in?

Saugus, 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 Saugus, MA for FY 2027?

The two-bedroom FMR rose 11.9%, from $2,690 in FY 2026 to $3,010 in FY 2027. Since FY 2023 it has risen 39.4%.

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