FMR is near market; voucher and private rents are aligned.
1.00
1 BR
1 BR
1.02ratio
FMR$1,350
Market$1,330
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.02
2 BR
2 BR
0.91ratio
FMR$1,740
Market$1,920
vs market-$180
FMR is near market; voucher and private rents are aligned.
0.91
3 BR
3 BR
0.92ratio
FMR$2,280
Market$2,470
vs market-$190
FMR is near market; voucher and private rents are aligned.
0.92
4 BR
4 BR
1.08ratio
FMR$2,910
Market$2,690
vs market+$220
FMR is near market; voucher and private rents are aligned.
1.08
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 01202 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 01202 (Pittsfield, MA) is $1,740 a month. That is up 5.5% from $1,650 in FY 2026. Pittsfield is in the Pittsfield, MA 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 $1,704. Among 40 ZIP codes in Berkshire County, 01202 is tied for the 20th-highest two-bedroom rent (county range $1,470–$2,350). The median county two-bedroom FMR in Massachusetts is $2,222, so ZIP 01202 is 22% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 01202
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,260
$1,340
+6.3%
$1,206–$1,474
1BR
$1,290
$1,350
+4.7%
$1,215–$1,485
2BR
$1,650
$1,740
+5.5%
$1,566–$1,914
3BR
$2,140
$2,280
+6.5%
$2,052–$2,508
4BR
$2,620
$2,910
+11.1%
$2,619–$3,201
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 01202
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,340
$1,350
$1,740
$2,280
$2,910
FY 2026
$1,260
$1,290
$1,650
$2,140
$2,620
FY 2025
$1,080
$1,240
$1,580
$2,030
$2,180
FY 2024
$960
$1,110
$1,410
$1,820
$1,880
FY 2023
$930
$1,100
$1,390
$1,780
$1,880
Two-bedroom rent in nearby Berkshire County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 01202?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,704, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,534 to $1,874 a month; under the ZIP-level Small Area FMR of $1,740 it would be $1,566 to $1,914. 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 01202 in?
ZIP 01202 is in the Pittsfield, MA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,704.
How much did fair market rent change in ZIP 01202 for FY 2027?
The two-bedroom FMR rose 5.5%, from $1,650 in FY 2026 to $1,740 in FY 2027. Since FY 2023 it has risen 25.2%.
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