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Worcester County/New Braintree/01531

01531

ZIPSAFMR
Worcester County, MA
Zillow

ZIP Investment Score

64Below average

095130300
BRFMR
Eff. Rent
0 BR$1,550$1,550
1 BR$1,560$1,570
2 BR$2,010$2,010
3 BR$2,780$2,780
4 BR$3,360$3,360
5 BR$3,864Not available
6 BR$4,444Not available
7 BR$5,110Not available
8 BR$5,877Not available

Purchase Price Calculator

Maximum purchase price
$236,769

Cost breakdown

+Likely effective rent$2,010
HUD FMRUsed$2,010
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,197
Loan amount$189,415
Down payment$47,354
Rate6.50%
Term30 years
-Operating costs-$613
Property taxes-$237
Insurance-$175
Utilities$0
HOA$0
Management-$201
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$32,192(68.0% ROI)
Projected value
$254,974
Return breakdown
Property appreciation+$18,205
Loan principal paid down+$6,786
Rental cash flow+$7,200
5-year hold
+$55,215(116.6% ROI)
Projected value
$267,882
Return breakdown
Property appreciation+$31,113
Loan principal paid down+$12,102
Rental cash flow+$12,000
10-year hold
+$119,152(251.6% ROI)
Projected value
$303,084
Return breakdown
Property appreciation+$66,315
Loan principal paid down+$28,836
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.00
1 BR
0.99
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 01531 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 01531 (New Braintree, MA) is $2,010 a month. That is up 20.4% from $1,670 in FY 2026. New Braintree 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, 01531 is tied for the 48th-highest two-bedroom rent (county range $1,440–$3,400). The median county two-bedroom FMR in Massachusetts is $2,222, so ZIP 01531 is 10% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 01531
BedroomsFY 2027Change90–110% range
Studio$1,550+20.2%$1,395–$1,705
1BR$1,560+20.0%$1,404–$1,716
2BR$2,010+20.4%$1,809–$2,211
3BR$2,780+36.3%$2,502–$3,058
4BR$3,360+40.0%$3,024–$3,696

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 01531
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,550$1,560$2,010$2,780$3,360
FY 2026$1,290$1,300$1,670$2,040$2,400
FY 2025$1,160$1,170$1,500$1,810$2,170
FY 2024$1,110$1,150$1,480$1,810$2,150
FY 2023$1,000$1,050$1,350$1,730$1,860

Two-bedroom rent in nearby Worcester County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 01531
01524$1,860−7.5%
01525$1,980−1.5%
01526$1,980−1.5%
01527$2,090+4.0%
01529$2,040+1.5%
01531Current$2,010—
01532$2,840+41.3%
01534$1,950−3.0%
01535$1,860−7.5%
01536$1,950−3.0%
01537$1,860−7.5%
01538$1,980−1.5%

Questions about ZIP 01531 rents

How much will Section 8 pay for a two-bedroom in ZIP 01531?

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 $2,010 it would be $1,809 to $2,211. 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 01531 in?

ZIP 01531 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 01531 for FY 2027?

The two-bedroom FMR rose 20.4%, from $1,670 in FY 2026 to $2,010 in FY 2027. Since FY 2023 it has risen 48.9%.

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