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01441

ZIPSAFMR
Worcester County, MA
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,500$1,650
1 BR$1,790$1,870
2 BR$2,160$2,380
3 BR$2,750$2,910
4 BR$3,210$3,270
5 BR$3,691Not available
6 BR$4,245Not available
7 BR$4,882Not available
8 BR$5,614Not available

Purchase Price Calculator

Maximum purchase price
$291,751

Cost breakdown

+Likely effective rent$2,380
HUD FMR$2,160
Market rent$2,600
Est. payment standard (110%)Used$2,380
-Principal and interest-$1,475
Loan amount$233,400
Down payment$58,350
Rate6.50%
Term30 years
-Operating costs-$705
Property taxes-$292
Insurance-$175
Utilities$0
HOA$0
Management-$238
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,995(65.1% ROI)
Projected value
$314,183
Return breakdown
Property appreciation+$22,433
Loan principal paid down+$8,362
Rental cash flow+$7,200
5-year hold
+$65,250(111.8% ROI)
Projected value
$330,089
Return breakdown
Property appreciation+$38,338
Loan principal paid down+$14,912
Rental cash flow+$12,000
10-year hold
+$141,247(242.1% ROI)
Projected value
$373,465
Return breakdown
Property appreciation+$81,715
Loan principal paid down+$35,533
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.76
1 BR
0.94
2 BR
0.83
3 BR
0.92
4 BR
0.97
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 01441 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 01441 (Westminster, MA) is $2,160 a month. That is up 9.6% from $1,970 in FY 2026. Westminster is in the Fitchburg-Leominster, 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 $1,900. Among 103 ZIP codes in Worcester County, 01441 has the 31st-highest two-bedroom rent (county range $1,440–$3,400). The median county two-bedroom FMR in Massachusetts is $2,222, so ZIP 01441 is 3% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 01441
BedroomsFY 2027Change90–110% range
Studio$1,500+10.3%$1,350–$1,650
1BR$1,790+12.6%$1,611–$1,969
2BR$2,160+9.6%$1,944–$2,376
3BR$2,750+8.7%$2,475–$3,025
4BR$3,210+8.1%$2,889–$3,531

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 01441
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,500$1,790$2,160$2,750$3,210
FY 2026$1,360$1,590$1,970$2,530$2,970
FY 2025$1,270$1,480$1,850$2,410$2,760
FY 2024$1,180$1,360$1,740$2,260$2,610
FY 2023$1,090$1,150$1,490$1,920$2,240

Two-bedroom rent in nearby Worcester County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 01441
01420$1,790−17.1%
01430$2,360+9.3%
01431$2,650+22.7%
01434$2,650+22.7%
01436$1,840−14.8%
01438$1,980−8.3%
01440$1,690−21.8%
01441Current$2,160—
01451$2,650+22.7%
01452$1,860−13.9%
01453$2,020−6.5%
01462$2,840+31.5%

Questions about ZIP 01441 rents

How much will Section 8 pay for a two-bedroom in ZIP 01441?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,900, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,710 to $2,090 a month; under the ZIP-level Small Area FMR of $2,160 it would be $1,944 to $2,376. 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 01441 in?

ZIP 01441 is in the Fitchburg-Leominster, MA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,900.

How much did fair market rent change in ZIP 01441 for FY 2027?

The two-bedroom FMR rose 9.6%, from $1,970 in FY 2026 to $2,160 in FY 2027. Since FY 2023 it has risen 45.0%.

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