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MA/Franklin County/Shutesbury

Shutesbury, MA

CitySAFMR
Franklin County
Found 1 ZIP

City Median Investment Score

75Below average

095130300
BRFMR
Eff. Rent
0 BR$1,780$1,780
1 BR$1,950$1,950
2 BR$2,550$2,550
3 BR$3,040$3,040
4 BR$3,350$3,350
5 BR$3,852Not available
6 BR$4,430Not available
7 BR$5,095Not available
8 BR$5,859Not available

Purchase Price Calculator

Maximum purchase price
$317,012

Cost breakdown

+Likely effective rent$2,550
HUD FMRUsed$2,550
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,603
Loan amount$253,610
Down payment$63,402
Rate6.50%
Term30 years
-Operating costs-$747
Property taxes-$317
Insurance-$175
Utilities$0
HOA$0
Management-$255
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$40,662(64.1% ROI)
Projected value
$341,388
Return breakdown
Property appreciation+$24,375
Loan principal paid down+$9,086
Rental cash flow+$7,200
5-year hold
+$69,861(110.2% ROI)
Projected value
$358,671
Return breakdown
Property appreciation+$41,658
Loan principal paid down+$16,203
Rental cash flow+$12,000
10-year hold
+$151,400(238.8% ROI)
Projected value
$405,803
Return breakdown
Property appreciation+$88,790
Loan principal paid down+$38,609
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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Shutesbury, MA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Shutesbury, MA is $2,550 a month. That is unchanged from FY 2026. Shutesbury is in the Franklin 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 $1,882. The median county two-bedroom FMR in Massachusetts is $2,222, so Shutesbury is 15% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Shutesbury, MA
BedroomsFY 2027Change90–110% range
Studio$1,780+1.1%$1,602–$1,958
1BR$1,950+0.5%$1,755–$2,145
2BR$2,5500.0%$2,295–$2,805
3BR$3,040−0.7%$2,736–$3,344
4BR$3,350−0.9%$3,015–$3,685

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Shutesbury, MA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,780$1,950$2,550$3,040$3,350
FY 2026$1,760$1,940$2,550$3,060$3,380
FY 2025$1,490$1,660$2,180$2,630$2,930
FY 2024$1,400$1,570$2,060$2,500$2,910
FY 2023$1,230$1,420$1,840$2,280$2,630

Questions about Shutesbury, MA rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,882, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,694 to $2,070 a month; under the ZIP-level Small Area FMR of $2,550 it would be $2,295 to $2,805. 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 Shutesbury, MA in?

Shutesbury, MA is in the Franklin County, MA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,882.

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

The two-bedroom FMR was unchanged at $2,550 in FY 2027. Since FY 2023 it has risen 38.6%.

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