WAKEFIELD, MA
CityFMR
Middlesex County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$2,359$2,040
1 BR$2,476$2,500
2 BR$2,941$3,090
3 BR$3,526$3,790
4 BR$3,894$4,200
5 BR$4,478
6 BR$5,150
7 BR$5,922
8 BR$6,811

Purchase Price Calculator

Maximum purchase price
$397,256

Cost breakdown

+Likely effective rent$3,090
HUD FMR$2,941
Market rent$3,170
Est. payment standard (105%)Used$3,090
Estimated payment standard is $3,090 (105% of FMR).
-Principal and interest-$2,009
Loan amount$317,805
Down payment$79,451
Rate6.50%
Term30 years
-Operating costs-$881
Property taxes-$397
Insurance-$175
Utilities$0
HOA$0
Management-$309
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$49,131(61.8% ROI)
Projected value
$427,802
Current value$397,256
Return breakdown
Property appreciation+$30,545
Loan principal paid down+$11,386
Rental cash flow+$7,200
5-year hold
+$84,507(106.4% ROI)
Projected value
$449,459
Current value$397,256
Return breakdown
Property appreciation+$52,203
Loan principal paid down+$20,305
Rental cash flow+$12,000
10-year hold
+$183,648(231.1% ROI)
Projected value
$508,522
Current value$397,256
Return breakdown
Property appreciation+$111,265
Loan principal paid down+$48,382
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 01880
1.16ratio
FMR$2,359
Market$2,040
vs market+$319

FMR is above market; underwrite to market rent.

90% standard$2,123 / 1.04 ratio110% standard$2,595 / 1.27 ratio
1.16
1 BR
1 BR- 01880
0.98ratio
FMR$2,476
Market$2,520
vs market-$44

FMR is near market; voucher and private rents are aligned.

90% standard$2,228 / 0.88 ratio110% standard$2,724 / 1.08 ratio
0.98
2 BR
2 BR- 01880
0.93ratio
FMR$2,941
Market$3,170
vs market-$229

FMR is near market; voucher and private rents are aligned.

90% standard$2,647 / 0.83 ratio110% standard$3,235 / 1.02 ratio
0.93
3 BR
3 BR- 01880
0.90ratio
FMR$3,526
Market$3,930
vs market-$404

FMR is below market; voucher rent may lag private rents.

90% standard$3,173 / 0.81 ratio110% standard$3,879 / 0.99 ratio
0.90
4 BR
4 BR- 01880
0.89ratio
FMR$3,894
Market$4,370
vs market-$476

FMR is below market; voucher rent may lag private rents.

90% standard$3,505 / 0.80 ratio110% standard$4,283 / 0.98 ratio
0.89
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for WAKEFIELD, MA (MA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled FMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

WAKEFIELD, MA fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for WAKEFIELD, MA shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,941 and the 4 bedroom fair market rent is $3,894.

Use this page for searches like WAKEFIELD, MA FMR, WAKEFIELD, MA fair market rent, and WAKEFIELD, MA Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for WAKEFIELD, MA
Bedroom sizeHUD FMR
Studio$2,359
1 bedroom$2,476
2 bedroom$2,941
3 bedroom$3,526
4 bedroom$3,894