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Franklin County/Greenfield/01301

01301

ZIPSAFMR
Franklin County, MA
Zillow

ZIP Investment Score

67Below average

095130300
BRFMR
Eff. Rent
0 BR$1,280$1,410
1 BR$1,410$1,550
2 BR$1,840$1,850
3 BR$2,190$2,060
4 BR$2,420$2,050
5 BR$2,783Not available
6 BR$3,200Not available
7 BR$3,681Not available
8 BR$4,233Not available

Purchase Price Calculator

Maximum purchase price
$212,993

Cost breakdown

+Likely effective rent$1,850
HUD FMR$1,840
Market rent$1,850
Est. payment standard (100%)Used$1,850
-Principal and interest-$1,077
Loan amount$170,394
Down payment$42,599
Rate6.50%
Term30 years
-Operating costs-$573
Property taxes-$213
Insurance-$175
Utilities$0
HOA$0
Management-$185
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,682(69.7% ROI)
Projected value
$229,370
Return breakdown
Property appreciation+$16,377
Loan principal paid down+$6,105
Rental cash flow+$7,200
5-year hold
+$50,876(119.4% ROI)
Projected value
$240,982
Return breakdown
Property appreciation+$27,989
Loan principal paid down+$10,887
Rental cash flow+$12,000
10-year hold
+$109,597(257.3% ROI)
Projected value
$272,649
Return breakdown
Property appreciation+$59,656
Loan principal paid down+$25,941
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.83
1 BR
0.84
2 BR
0.99
3 BR
1.06
4 BR
1.18
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 01301 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 01301 (Greenfield, MA) is $1,840 a month. That is up 1.1% from $1,820 in FY 2026. Greenfield is in the Franklin County, MA non-metropolitan 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 county-wide two-bedroom FMR of $1,882. Among 37 ZIP codes in Franklin County, 01301 has the 21st-highest two-bedroom rent (county range $1,680–$2,640). The median county two-bedroom FMR in Massachusetts is $2,222, so ZIP 01301 is 17% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 01301
BedroomsFY 2027Change90–110% range
Studio$1,280+2.4%$1,152–$1,408
1BR$1,410+1.4%$1,269–$1,551
2BR$1,840+1.1%$1,656–$2,024
3BR$2,190+0.5%$1,971–$2,409
4BR$2,420+0.4%$2,178–$2,662

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 01301
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,280$1,410$1,840$2,190$2,420
FY 2026$1,250$1,390$1,820$2,180$2,410
FY 2025$1,030$1,140$1,500$1,810$2,020
FY 2024$950$1,070$1,400$1,700$1,980
FY 2023$820$950$1,230$1,520$1,760

Two-bedroom rent in nearby Franklin County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 01301
01301Current$1,840—
01302$1,880+2.2%
01330$1,810−1.6%
01331$1,680−8.7%
01337$1,990+8.2%
01338$1,680−8.7%
01339$1,680−8.7%
01340$1,680−8.7%
01341$2,640+43.5%
01342$2,440+32.6%
01343$1,680−8.7%
01344$1,680−8.7%

Questions about ZIP 01301 rents

How much will Section 8 pay for a two-bedroom in ZIP 01301?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,882, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,694 to $2,070 a month; under the ZIP-level Small Area FMR of $1,840 it would be $1,656 to $2,024. 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 01301 in?

ZIP 01301 is in the Franklin County, MA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,882.

How much did fair market rent change in ZIP 01301 for FY 2027?

The two-bedroom FMR rose 1.1%, from $1,820 in FY 2026 to $1,840 in FY 2027. Since FY 2023 it has risen 49.6%.

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

County fair market rentGreenfield, MA fair market rentMA statewide rentsWhat is SAFMR?Data sources