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Worcester County/Upton/01568

01568

ZIPSAFMR
Worcester County, MA
Zillow

ZIP Investment Score

40Below average

095130300
BRFMR
Eff. Rent
0 BR$1,960$2,010
1 BR$2,030$2,010
2 BR$2,590$2,550
3 BR$3,300$2,860
4 BR$3,690$3,750
5 BR$4,244Not available
6 BR$4,880Not available
7 BR$5,612Not available
8 BR$6,454Not available

Purchase Price Calculator

Maximum purchase price
$317,012

Cost breakdown

+Likely effective rent$2,550
HUD FMR$2,590
Market rentUsed$2,550
Est. payment standard (99%)$2,560
-Principal and interest-$1,603
Loan amount$253,610
Down payment$63,402
Rate6.50%
Term30 years
-Operating costs-$747
Property taxes-$317
Insurance-$175
Utilities$0
HOA$0
Management-$255
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$40,662(64.1% ROI)
Projected value
$341,388
Return breakdown
Property appreciation+$24,375
Loan principal paid down+$9,086
Rental cash flow+$7,200
5-year hold
+$69,861(110.2% ROI)
Projected value
$358,671
Return breakdown
Property appreciation+$41,658
Loan principal paid down+$16,203
Rental cash flow+$12,000
10-year hold
+$151,400(238.8% ROI)
Projected value
$405,803
Return breakdown
Property appreciation+$88,790
Loan principal paid down+$38,609
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.96
1 BR
1.01
2 BR
1.02
3 BR
1.15
4 BR
0.98
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 01568 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 01568 (Upton, MA) is $2,590 a month. That is up 23.9% from $2,090 in FY 2026. Upton 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, 01568 is tied for the 21st-highest two-bedroom rent (county range $1,440–$3,400). The median county two-bedroom FMR in Massachusetts is $2,222, so ZIP 01568 is 17% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 01568
BedroomsFY 2027Change90–110% range
Studio$1,960+36.1%$1,764–$2,156
1BR$2,030+27.7%$1,827–$2,233
2BR$2,590+23.9%$2,331–$2,849
3BR$3,300+13.4%$2,970–$3,630
4BR$3,690+13.2%$3,321–$4,059

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 01568
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,960$2,030$2,590$3,300$3,690
FY 2026$1,440$1,590$2,090$2,910$3,260
FY 2025$1,160$1,300$1,710$2,400$2,670
FY 2024$1,110$1,190$1,560$2,200$2,420
FY 2023$1,000$1,050$1,350$1,780$2,110

Two-bedroom rent in nearby Worcester County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 01568
01560$1,860−28.2%
01561$3,190+23.2%
01562$1,860−28.2%
01564$2,110−18.5%
01566$2,360−8.9%
01568Current$2,590—
01569$2,150−17.0%
01570$1,860−28.2%
01571$1,860−28.2%
01581$2,810+8.5%
01583$1,860−28.2%
01585$1,860−28.2%

Questions about ZIP 01568 rents

How much will Section 8 pay for a two-bedroom in ZIP 01568?

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 $2,590 it would be $2,331 to $2,849. 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 01568 in?

ZIP 01568 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 01568 for FY 2027?

The two-bedroom FMR rose 23.9%, from $2,090 in FY 2026 to $2,590 in FY 2027. Since FY 2023 it has risen 91.9%.

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