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Middlesex County/Burlington/01805

01805

ZIPFMR
Middlesex County, MA
Zillow
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$2,440$2,150
1 BR$2,518$2,770
2 BR$3,008$3,090
3 BR$3,584$3,610
4 BR$3,953$4,350
5 BR$4,546Not available
6 BR$5,228Not available
7 BR$6,012Not available
8 BR$6,914Not available

Purchase Price Calculator

Maximum purchase price
$397,256

Cost breakdown

+Likely effective rent$3,090
HUD FMR$3,008
Market rent$3,140
Est. payment standard (103%)Used$3,090
-Principal and interest-$2,009
Loan amount$317,805
Down payment$79,451
Rate6.50%
Term30 years
-Operating costs-$881
Property taxes-$397
Insurance-$175
Utilities$0
HOA$0
Management-$309
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$49,131(61.8% ROI)
Projected value
$427,802
Return breakdown
Property appreciation+$30,545
Loan principal paid down+$11,386
Rental cash flow+$7,200
5-year hold
+$84,507(106.4% ROI)
Projected value
$449,459
Return breakdown
Property appreciation+$52,203
Loan principal paid down+$20,305
Rental cash flow+$12,000
10-year hold
+$183,648(231.1% ROI)
Projected value
$508,522
Return breakdown
Property appreciation+$111,265
Loan principal paid down+$48,382
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.13
1 BR
0.87
2 BR
0.96
3 BR
0.99
4 BR
0.86
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 01805 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 01805 (Burlington, MA) is $3,008 a month. That is up 2.3% from $2,941 in FY 2026. Burlington is in the Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area. The median county two-bedroom FMR in Massachusetts is $2,222, so ZIP 01805 is 35% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 01805
BedroomsFY 2027Change90–110% range
Studio$2,440+3.4%$2,196–$2,684
1BR$2,518+1.7%$2,266–$2,770
2BR$3,008+2.3%$2,707–$3,309
3BR$3,584+1.6%$3,226–$3,942
4BR$3,953+1.5%$3,558–$4,348

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 01805
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,440$2,518$3,008$3,584$3,953
FY 2026$2,359$2,476$2,941$3,526$3,894
FY 2025$2,263$2,394$2,837$3,418$3,761
FY 2024$2,212$2,377$2,827$3,418$3,765
FY 2023$2,025$2,198$2,635$3,207$3,540

Questions about ZIP 01805 rents

How much will Section 8 pay for a two-bedroom in ZIP 01805?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,008, that basic range is $2,707 to $3,309 a month. 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 01805 in?

ZIP 01805 is in the Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.

How much did fair market rent change in ZIP 01805 for FY 2027?

The two-bedroom FMR rose 2.3%, from $2,941 in FY 2026 to $3,008 in FY 2027. Since FY 2023 it has risen 14.2%.

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 Fair Market Rents. 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 rentBurlington, MA fair market rentMA statewide rentsWhat is SAFMR?Data sources