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Franklin County/Bernardston/01337

01337

ZIPSAFMR
Franklin County, MA
Zillow

ZIP Investment Score

67Below average

095130300
BRFMR
Eff. Rent
0 BR$1,390$1,390
1 BR$1,520$1,520
2 BR$1,990$1,990
3 BR$2,370$2,370
4 BR$2,620$2,620
5 BR$3,013Not available
6 BR$3,465Not available
7 BR$3,985Not available
8 BR$4,582Not available

Purchase Price Calculator

Maximum purchase price
$233,797

Cost breakdown

+Likely effective rent$1,990
HUD FMRUsed$1,990
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,182
Loan amount$187,037
Down payment$46,759
Rate6.50%
Term30 years
-Operating costs-$608
Property taxes-$234
Insurance-$175
Utilities$0
HOA$0
Management-$199
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,878(68.2% ROI)
Projected value
$251,773
Return breakdown
Property appreciation+$17,977
Loan principal paid down+$6,701
Rental cash flow+$7,200
5-year hold
+$54,673(116.9% ROI)
Projected value
$264,519
Return breakdown
Property appreciation+$30,723
Loan principal paid down+$11,950
Rental cash flow+$12,000
10-year hold
+$117,957(252.3% ROI)
Projected value
$299,280
Return breakdown
Property appreciation+$65,483
Loan principal paid down+$28,474
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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ZIP 01337 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 01337 (Bernardston, MA) is $1,990 a month. That is up 10.6% from $1,800 in FY 2026. Bernardston 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, 01337 has the 13th-highest two-bedroom rent (county range $1,680–$2,640). The median county two-bedroom FMR in Massachusetts is $2,222, so ZIP 01337 is 10% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 01337
BedroomsFY 2027Change90–110% range
Studio$1,390+12.1%$1,251–$1,529
1BR$1,520+10.9%$1,368–$1,672
2BR$1,990+10.6%$1,791–$2,189
3BR$2,370+9.7%$2,133–$2,607
4BR$2,620+10.1%$2,358–$2,882

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 01337
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,390$1,520$1,990$2,370$2,620
FY 2026$1,240$1,370$1,800$2,160$2,380
FY 2025$930$1,040$1,360$1,640$1,850
FY 2024$960$1,080$1,420$1,720$2,010
FY 2023$810$940$1,200$1,530$1,730

Two-bedroom rent in nearby Franklin County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 01337
01330$1,810−9.0%
01331$1,680−15.6%
01337Current$1,990—
01338$1,680−15.6%
01339$1,680−15.6%
01340$1,680−15.6%
01341$2,640+32.7%
01342$2,440+22.6%
01343$1,680−15.6%
01344$1,680−15.6%
01346$1,680−15.6%
01347$1,940−2.5%

Questions about ZIP 01337 rents

How much will Section 8 pay for a two-bedroom in ZIP 01337?

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 $1,990 it would be $1,791 to $2,189. 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 01337 in?

ZIP 01337 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 01337 for FY 2027?

The two-bedroom FMR rose 10.6%, from $1,800 in FY 2026 to $1,990 in FY 2027. Since FY 2023 it has risen 65.8%.

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