01833
ZIPFMR
Essex County, MA
BRFMR
Eff. Rent
0 BR$2,359$2,420
1 BR$2,476$2,290
2 BR$2,941$2,530
3 BR$3,526$3,160
4 BR$3,894$3,470
5 BR$4,478
6 BR$5,150
7 BR$5,922
8 BR$6,811

Purchase Price Calculator

Maximum purchase price
$314,040

Cost breakdown

+Likely effective rent$2,530
HUD FMR$2,941
Market rentUsed$2,530
Est. payment standard (91%)$2,670
Market rent is below the inferred standard ($2,670, 91% of FMR).
-Principal and interest-$1,588
Loan amount$251,232
Down payment$62,808
Rate6.50%
Term30 years
-Operating costs-$742
Property taxes-$314
Insurance-$175
Utilities$0
HOA$0
Management-$253
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$40,348(64.2% ROI)
Projected value
$338,187
Current value$314,040
Return breakdown
Property appreciation+$24,147
Loan principal paid down+$9,001
Rental cash flow+$7,200
5-year hold
+$69,319(110.4% ROI)
Projected value
$355,308
Current value$314,040
Return breakdown
Property appreciation+$41,267
Loan principal paid down+$16,051
Rental cash flow+$12,000
10-year hold
+$150,205(239.1% ROI)
Projected value
$401,998
Current value$314,040
Return breakdown
Property appreciation+$87,958
Loan principal paid down+$38,247
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
0.96ratio
FMR$2,359
Market$2,450
vs market-$91

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

90% standard$2,123 / 0.87 ratio110% standard$2,595 / 1.06 ratio
0.96
1 BR
1 BR
1.08ratio
FMR$2,476
Market$2,290
vs market+$186

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

90% standard$2,228 / 0.97 ratio110% standard$2,724 / 1.19 ratio
1.08
2 BR
2 BR
1.16ratio
FMR$2,941
Market$2,530
vs market+$411

FMR is above market; underwrite to market rent.

90% standard$2,647 / 1.05 ratio110% standard$3,235 / 1.28 ratio
1.16
3 BR
3 BR
1.12ratio
FMR$3,526
Market$3,160
vs market+$366

FMR is above market; underwrite to market rent.

90% standard$3,173 / 1.00 ratio110% standard$3,879 / 1.23 ratio
1.12
4 BR
4 BR
1.12ratio
FMR$3,894
Market$3,470
vs market+$424

FMR is above market; underwrite to market rent.

90% standard$3,505 / 1.01 ratio110% standard$4,283 / 1.23 ratio
1.12
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 01833 (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.

01833 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 01833 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 01833 FMR, 01833 fair market rent, and 01833 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 01833
Bedroom sizeHUD FMR
Studio$2,359
1 bedroom$2,476
2 bedroom$2,941
3 bedroom$3,526
4 bedroom$3,894