01832
ZIPFMR
Essex County, MA
BRFMR
Eff. Rent
0 BR$2,359$1,800
1 BR$2,476$2,210
2 BR$2,941$2,790
3 BR$3,526$2,630
4 BR$3,894$2,930
5 BR$4,478
6 BR$5,150
7 BR$5,922
8 BR$6,811

Purchase Price Calculator

Maximum purchase price
$352,676

Cost breakdown

+Likely effective rent$2,790
HUD FMR$2,941
Market rentUsed$2,790
Est. payment standard (97%)$2,840
Market rent is below the inferred standard ($2,840, 97% of FMR).
-Principal and interest-$1,783
Loan amount$282,141
Down payment$70,535
Rate6.50%
Term30 years
-Operating costs-$807
Property taxes-$353
Insurance-$175
Utilities$0
HOA$0
Management-$279
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$44,426(63.0% ROI)
Projected value
$379,794
Current value$352,676
Return breakdown
Property appreciation+$27,118
Loan principal paid down+$10,108
Rental cash flow+$7,200
5-year hold
+$76,371(108.3% ROI)
Projected value
$399,021
Current value$352,676
Return breakdown
Property appreciation+$46,345
Loan principal paid down+$18,026
Rental cash flow+$12,000
10-year hold
+$165,732(235.0% ROI)
Projected value
$451,456
Current value$352,676
Return breakdown
Property appreciation+$98,779
Loan principal paid down+$42,953
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

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

Studio
Studio
1.31ratio
FMR$2,359
Market$1,800
vs market+$559

FMR is above market; underwrite to market rent.

90% standard$2,123 / 1.18 ratio110% standard$2,595 / 1.44 ratio
1.31
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
1.05ratio
FMR$2,941
Market$2,790
vs market+$151

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

90% standard$2,647 / 0.95 ratio110% standard$3,235 / 1.16 ratio
1.05
3 BR
3 BR
1.34ratio
FMR$3,526
Market$2,630
vs market+$896

FMR is above market; underwrite to market rent.

90% standard$3,173 / 1.21 ratio110% standard$3,879 / 1.47 ratio
1.34
4 BR
4 BR
1.33ratio
FMR$3,894
Market$2,930
vs market+$964

FMR is above market; underwrite to market rent.

90% standard$3,505 / 1.20 ratio110% standard$4,283 / 1.46 ratio
1.33
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 01832 (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.

01832 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 01832 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 01832 FMR, 01832 fair market rent, and 01832 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 01832
Bedroom sizeHUD FMR
Studio$2,359
1 bedroom$2,476
2 bedroom$2,941
3 bedroom$3,526
4 bedroom$3,894