WALTHAM, MA
CityFMR
Middlesex County
Found 4 ZIPs
BRFMR
Eff. Rent
0 BR$2,359$2,090 – $2,520
1 BR$2,476$2,550 – $2,720
2 BR$2,941$3,100 – $3,240
3 BR$3,526$3,310 – $3,880
4 BR$3,894$4,140 – $4,280
5 BR$4,478
6 BR$5,150
7 BR$5,922
8 BR$6,811

Purchase Price Calculator

Maximum purchase price
$406,172

Cost breakdown

+Likely effective rent$3,150
HUD FMR$2,941
Market rent$3,270
Est. payment standard (107%)Used$3,150
Estimated payment standard is $3,150 (107% of FMR).
-Principal and interest-$2,054
Loan amount$324,938
Down payment$81,234
Rate6.50%
Term30 years
-Operating costs-$896
Property taxes-$406
Insurance-$175
Utilities$0
HOA$0
Management-$315
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$50,073(61.6% ROI)
Projected value
$437,403
Current value$406,172
Return breakdown
Property appreciation+$31,231
Loan principal paid down+$11,642
Rental cash flow+$7,200
5-year hold
+$86,135(106.0% ROI)
Projected value
$459,547
Current value$406,172
Return breakdown
Property appreciation+$53,374
Loan principal paid down+$20,760
Rental cash flow+$12,000
10-year hold
+$187,231(230.5% ROI)
Projected value
$519,935
Current value$406,172
Return breakdown
Property appreciation+$113,763
Loan principal paid down+$49,468
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- 1 ZIP
0.90ratio
FMR$2,359
Market$2,610
vs market-$251

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

90% standard$2,123 / 0.81 ratio110% standard$2,595 / 0.99 ratio
Studio- 3 ZIPs
1.10-1.13ratio range
Median FMR$2,359
Median Market$2,140
vs market+$219

FMR is above market; underwrite to market rent.

90% standard$2,123 / 0.99 ratio110% standard$2,595 / 1.21 ratio
3
0.90-1.13
1 BR
1 BR- 1 ZIP
0.82ratio
FMR$2,476
Market$3,030
vs market-$554

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

90% standard$2,228 / 0.74 ratio110% standard$2,724 / 0.90 ratio
1
1 BR- 1 ZIP
0.93ratio
FMR$2,476
Market$2,650
vs market-$174

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

90% standard$2,228 / 0.84 ratio110% standard$2,724 / 1.03 ratio
1
1 BR- 2 ZIPs
0.95-0.96ratio range
Median FMR$2,476
Median Market$2,605
vs market-$129

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

90% standard$2,228 / 0.86 ratio110% standard$2,724 / 1.05 ratio
2
0.82-0.96
2 BR
2 BR- 1 ZIP
0.78ratio
FMR$2,941
Market$3,780
vs market-$839

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

90% standard$2,647 / 0.70 ratio110% standard$3,235 / 0.86 ratio
1
2 BR- 1 ZIP
0.88ratio
FMR$2,941
Market$3,350
vs market-$409

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

90% standard$2,647 / 0.79 ratio110% standard$3,235 / 0.97 ratio
1
2 BR- 2 ZIPs
0.92ratio range
Median FMR$2,941
Median Market$3,185
vs market-$244

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

90% standard$2,647 / 0.83 ratio110% standard$3,235 / 1.02 ratio
2
0.78-0.92
3 BR
3 BR- 2 ZIPs
0.82-0.84ratio range
Median FMR$3,526
Median Market$4,255
vs market-$729

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

90% standard$3,173 / 0.75 ratio110% standard$3,879 / 0.91 ratio
2
3 BR- 1 ZIP
0.87ratio
FMR$3,526
Market$4,060
vs market-$534

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

90% standard$3,173 / 0.78 ratio110% standard$3,879 / 0.96 ratio
1
3 BR- 1 ZIP
1.07ratio
FMR$3,526
Market$3,310
vs market+$216

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

90% standard$3,173 / 0.96 ratio110% standard$3,879 / 1.17 ratio
1
0.82-1.07
4 BR
4 BR- 2 ZIPs
0.84-0.85ratio range
Median FMR$3,894
Median Market$4,630
vs market-$736

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

90% standard$3,505 / 0.76 ratio110% standard$4,283 / 0.93 ratio
2
4 BR- 2 ZIPs
0.90-0.91ratio range
Median FMR$3,894
Median Market$4,300
vs market-$406

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

90% standard$3,505 / 0.82 ratio110% standard$4,283 / 1.00 ratio
2
0.84-0.91
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 WALTHAM, 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.

WALTHAM, MA fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for WALTHAM, 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 WALTHAM, MA FMR, WALTHAM, MA fair market rent, and WALTHAM, 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 WALTHAM, MA
Bedroom sizeHUD FMR
Studio$2,359
1 bedroom$2,476
2 bedroom$2,941
3 bedroom$3,526
4 bedroom$3,894