01831
ZIPFMR
Essex County, MA
BRFMR
Eff. Rent
0 BR$2,359$1,900
1 BR$2,476$2,210
2 BR$2,941$2,700
3 BR$3,526$2,670
4 BR$3,894$2,950
5 BR$4,478
6 BR$5,150
7 BR$5,922
8 BR$6,811

Purchase Price Calculator

Maximum purchase price
$339,302

Cost breakdown

+Likely effective rent$2,700
HUD FMR$2,941
Market rentUsed$2,700
Est. payment standard (95%)$2,780
Market rent is below the inferred standard ($2,780, 95% of FMR).
-Principal and interest-$1,716
Loan amount$271,442
Down payment$67,860
Rate6.50%
Term30 years
-Operating costs-$784
Property taxes-$339
Insurance-$175
Utilities$0
HOA$0
Management-$270
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$43,014(63.4% ROI)
Projected value
$365,392
Current value$339,302
Return breakdown
Property appreciation+$26,089
Loan principal paid down+$9,725
Rental cash flow+$7,200
5-year hold
+$73,930(108.9% ROI)
Projected value
$383,890
Current value$339,302
Return breakdown
Property appreciation+$44,587
Loan principal paid down+$17,342
Rental cash flow+$12,000
10-year hold
+$160,357(236.3% ROI)
Projected value
$434,336
Current value$339,302
Return breakdown
Property appreciation+$95,033
Loan principal paid down+$41,324
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.24ratio
FMR$2,359
Market$1,900
vs market+$459

FMR is above market; underwrite to market rent.

90% standard$2,123 / 1.12 ratio110% standard$2,595 / 1.37 ratio
1.24
1 BR
1 BR
1.12ratio
FMR$2,476
Market$2,210
vs market+$266

FMR is above market; underwrite to market rent.

90% standard$2,228 / 1.01 ratio110% standard$2,724 / 1.23 ratio
1.12
2 BR
2 BR
1.09ratio
FMR$2,941
Market$2,700
vs market+$241

FMR is near market; voucher and private rents are aligned.

90% standard$2,647 / 0.98 ratio110% standard$3,235 / 1.20 ratio
1.09
3 BR
3 BR
1.32ratio
FMR$3,526
Market$2,670
vs market+$856

FMR is above market; underwrite to market rent.

90% standard$3,173 / 1.19 ratio110% standard$3,879 / 1.45 ratio
1.32
4 BR
4 BR
1.32ratio
FMR$3,894
Market$2,950
vs market+$944

FMR is above market; underwrite to market rent.

90% standard$3,505 / 1.19 ratio110% standard$4,283 / 1.45 ratio
1.32
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 01831 (MA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled FMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

01831 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 01831 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,941 and the 4 bedroom fair market rent is $3,894.

Use this page for searches like 01831 FMR, 01831 fair market rent, and 01831 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 01831
Bedroom sizeHUD FMR
Studio$2,359
1 bedroom$2,476
2 bedroom$2,941
3 bedroom$3,526
4 bedroom$3,894