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MA/Franklin County/South Deerfield

South Deerfield, MA

CitySAFMR
Franklin County
Found 1 ZIP

City Median Investment Score

60Below average

095130300
BRFMR
Eff. Rent
0 BR$1,360$1,500
1 BR$1,490$1,560
2 BR$1,950$2,020
3 BR$2,320$2,550
4 BR$2,560$2,820
5 BR$2,944Not available
6 BR$3,386Not available
7 BR$3,893Not available
8 BR$4,477Not available

Purchase Price Calculator

Maximum purchase price
$238,255

Cost breakdown

+Likely effective rent$2,020
HUD FMR$1,950
Market rent$2,060
Est. payment standard (104%)Used$2,020
-Principal and interest-$1,205
Loan amount$190,604
Down payment$47,651
Rate6.50%
Term30 years
-Operating costs-$615
Property taxes-$238
Insurance-$175
Utilities$0
HOA$0
Management-$202
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$32,348(67.9% ROI)
Projected value
$256,574
Return breakdown
Property appreciation+$18,320
Loan principal paid down+$6,829
Rental cash flow+$7,200
5-year hold
+$55,486(116.4% ROI)
Projected value
$269,563
Return breakdown
Property appreciation+$31,309
Loan principal paid down+$12,178
Rental cash flow+$12,000
10-year hold
+$119,749(251.3% ROI)
Projected value
$304,986
Return breakdown
Property appreciation+$66,731
Loan principal paid down+$29,017
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.81
1 BR
0.93
2 BR
0.95
3 BR
0.86
4 BR
0.63
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

South Deerfield, MA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in South Deerfield, MA is $1,950 a month. That is up 2.6% from $1,900 in FY 2026. South Deerfield 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 South Deerfield is 12% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for South Deerfield, MA
BedroomsFY 2027Change90–110% range
Studio$1,360+3.8%$1,224–$1,496
1BR$1,490+2.8%$1,341–$1,639
2BR$1,950+2.6%$1,755–$2,145
3BR$2,320+1.8%$2,088–$2,552
4BR$2,560+1.6%$2,304–$2,816

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for South Deerfield, MA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,360$1,490$1,950$2,320$2,560
FY 2026$1,310$1,450$1,900$2,280$2,520
FY 2025$1,060$1,170$1,540$1,860$2,070
FY 2024$940$1,060$1,390$1,690$1,960
FY 2023$840$970$1,250$1,550$1,790

Questions about South Deerfield, MA rents

How much will Section 8 pay for a two-bedroom in South Deerfield, 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 $1,950 it would be $1,755 to $2,145. 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 South Deerfield, MA in?

South Deerfield, 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 South Deerfield, MA for FY 2027?

The two-bedroom FMR rose 2.6%, from $1,900 in FY 2026 to $1,950 in FY 2027. Since FY 2023 it has risen 56.0%.

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