FMR is near market; voucher and private rents are aligned.
1.01
1 BR
1 BR- 02468
0.95ratio
FMR$3,210
Market$3,390
vs market-$180
FMR is near market; voucher and private rents are aligned.
0.95
2 BR
2 BR- 02468
0.93ratio
FMR$3,830
Market$4,140
vs market-$310
FMR is near market; voucher and private rents are aligned.
0.93
3 BR
3 BR- 02468
0.78ratio
FMR$4,560
Market$5,860
vs market-$1,300
FMR is below market; voucher rent may lag private rents.
0.78
4 BR
4 BR- 02468
0.74ratio
FMR$5,030
Market$6,840
vs market-$1,810
FMR is below market; voucher rent may lag private rents.
0.74
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
--
Waban, MA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Waban, MA is $3,830 a month. That is up 4.4% from $3,670 in FY 2026. Waban 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 Waban is 72% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Waban, MA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,940
$3,110
+5.8%
$2,799–$3,421
1BR
$3,090
$3,210
+3.9%
$2,889–$3,531
2BR
$3,670
$3,830
+4.4%
$3,447–$4,213
3BR
$4,390
$4,560
+3.9%
$4,104–$5,016
4BR
$4,860
$5,030
+3.5%
$4,527–$5,533
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Waban, MA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$3,110
$3,210
$3,830
$4,560
$5,030
FY 2026
$2,940
$3,090
$3,670
$4,390
$4,860
FY 2025
$2,990
$3,220
$3,820
$4,620
$5,090
FY 2024
$3,320
$3,570
$4,240
$5,130
$5,650
FY 2023
$3,040
$3,300
$3,950
$4,810
$5,310
Questions about Waban, MA rents
How much will Section 8 pay for a two-bedroom in Waban, 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 $3,830 it would be $3,447 to $4,213. 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 Waban, MA in?
Waban, 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 Waban, MA for FY 2027?
The two-bedroom FMR rose 4.4%, from $3,670 in FY 2026 to $3,830 in FY 2027. Since FY 2023 it has fallen 3.0%.
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