FMR is below market; voucher rent may lag private rents.
0.80
1 BR
1 BR
0.99ratio
FMR$1,840
Market$1,860
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.99
2 BR
2 BR
0.95ratio
FMR$2,350
Market$2,480
vs market-$130
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR
1.08ratio
FMR$3,080
Market$2,860
vs market+$220
FMR is near market; voucher and private rents are aligned.
1.08
4 BR
4 BR
1.00ratio
FMR$3,200
Market$3,210
vs market-$10
FMR is near market; voucher and private rents are aligned.
1.00
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
--
ZIP 01063 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 01063 (Northampton, MA) is $2,350 a month. That is up 4.0% from $2,260 in FY 2026. Northampton is in the Amherst Town-Northampton, MA MSA. 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 $2,034. Among 37 ZIP codes in Hampshire County, 01063 is tied for the 8th-highest two-bedroom rent (county range $1,800–$3,050). The median county two-bedroom FMR in Massachusetts is $2,222, so ZIP 01063 is 6% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 01063
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,560
$1,640
+5.1%
$1,476–$1,804
1BR
$1,780
$1,840
+3.4%
$1,656–$2,024
2BR
$2,260
$2,350
+4.0%
$2,115–$2,585
3BR
$2,820
$3,080
+9.2%
$2,772–$3,388
4BR
$3,050
$3,200
+4.9%
$2,880–$3,520
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 01063
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,640
$1,840
$2,350
$3,080
$3,200
FY 2026
$1,560
$1,780
$2,260
$2,820
$3,050
FY 2025
$1,330
$1,540
$1,910
$2,330
$2,600
FY 2024
$1,200
$1,430
$1,760
$2,140
$2,500
FY 2023
$920
$1,110
$1,380
$1,690
$2,030
Two-bedroom rent in nearby Hampshire County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 01063?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,034, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,831 to $2,237 a month; under the ZIP-level Small Area FMR of $2,350 it would be $2,115 to $2,585. 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 ZIP 01063 in?
ZIP 01063 is in the Amherst Town-Northampton, MA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,034.
How much did fair market rent change in ZIP 01063 for FY 2027?
The two-bedroom FMR rose 4.0%, from $2,260 in FY 2026 to $2,350 in FY 2027. Since FY 2023 it has risen 70.3%.
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