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Worcester County/Princeton/01541

01541

ZIPSAFMR
Worcester County, MA
Zillow

ZIP Investment Score

46Below average

095130300
BRFMR
Eff. Rent
0 BR$1,610$1,610
1 BR$1,620$1,620
2 BR$2,090$2,090
3 BR$2,620$2,620
4 BR$2,980$2,980
5 BR$3,427Not available
6 BR$3,941Not available
7 BR$4,532Not available
8 BR$5,212Not available

Purchase Price Calculator

Maximum purchase price
$248,657

Cost breakdown

+Likely effective rent$2,090
HUD FMRUsed$2,090
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,257
Loan amount$198,925
Down payment$49,731
Rate6.50%
Term30 years
-Operating costs-$633
Property taxes-$249
Insurance-$175
Utilities$0
HOA$0
Management-$209
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,446(67.3% ROI)
Projected value
$267,776
Return breakdown
Property appreciation+$19,119
Loan principal paid down+$7,127
Rental cash flow+$7,200
5-year hold
+$57,385(115.4% ROI)
Projected value
$281,332
Return breakdown
Property appreciation+$32,676
Loan principal paid down+$12,709
Rental cash flow+$12,000
10-year hold
+$123,929(249.2% ROI)
Projected value
$318,302
Return breakdown
Property appreciation+$69,645
Loan principal paid down+$30,284
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 01541 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 01541 (Princeton, MA) is $2,090 a month. That is up 8.9% from $1,920 in FY 2026. Princeton 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, 01541 is tied for the 38th-highest two-bedroom rent (county range $1,440–$3,400). The median county two-bedroom FMR in Massachusetts is $2,222, so ZIP 01541 is 6% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 01541
BedroomsFY 2027Change90–110% range
Studio$1,610+8.8%$1,449–$1,771
1BR$1,620+8.7%$1,458–$1,782
2BR$2,090+8.9%$1,881–$2,299
3BR$2,620+10.1%$2,358–$2,882
4BR$2,980+12.9%$2,682–$3,278

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 01541
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,610$1,620$2,090$2,620$2,980
FY 2026$1,480$1,490$1,920$2,380$2,640
FY 2025$1,260$1,270$1,640$2,000$2,210
FY 2024$1,170$1,170$1,510$1,830$2,020
FY 2023$1,260$1,300$1,670$2,030$2,240

Two-bedroom rent in nearby Worcester County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 01541
01532$2,840+35.9%
01534$1,950−6.7%
01535$1,860−11.0%
01536$1,950−6.7%
01537$1,860−11.0%
01538$1,980−5.3%
01540$1,860−11.0%
01541Current$2,090—
01542$2,040−2.4%
01543$1,860−11.0%
01545$2,780+33.0%
01546$1,980−5.3%

Questions about ZIP 01541 rents

How much will Section 8 pay for a two-bedroom in ZIP 01541?

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 $2,090 it would be $1,881 to $2,299. 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 01541 in?

ZIP 01541 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 01541 for FY 2027?

The two-bedroom FMR rose 8.9%, from $1,920 in FY 2026 to $2,090 in FY 2027. Since FY 2023 it has risen 25.1%.

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