01834
ZIPFMR
Essex County, MA
BRFMR
Eff. Rent
0 BR$2,359$1,900
1 BR$2,476$2,110
2 BR$2,941$2,510
3 BR$3,526$2,960
4 BR$3,894$3,380
5 BR$4,478
6 BR$5,150
7 BR$5,922
8 BR$6,811

Purchase Price Calculator

Maximum purchase price
$311,068

Cost breakdown

+Likely effective rent$2,510
HUD FMR$2,941
Market rentUsed$2,510
Est. payment standard (90%)$2,660
Market rent is below the inferred standard ($2,660, 90% of FMR).
-Principal and interest-$1,573
Loan amount$248,855
Down payment$62,214
Rate6.50%
Term30 years
-Operating costs-$737
Property taxes-$311
Insurance-$175
Utilities$0
HOA$0
Management-$251
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$40,034(64.3% ROI)
Projected value
$334,987
Current value$311,068
Return breakdown
Property appreciation+$23,918
Loan principal paid down+$8,916
Rental cash flow+$7,200
5-year hold
+$68,776(110.5% ROI)
Projected value
$351,945
Current value$311,068
Return breakdown
Property appreciation+$40,877
Loan principal paid down+$15,899
Rental cash flow+$12,000
10-year hold
+$149,011(239.5% ROI)
Projected value
$398,194
Current value$311,068
Return breakdown
Property appreciation+$87,125
Loan principal paid down+$37,885
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
1.17ratio
FMR$2,476
Market$2,110
vs market+$366

FMR is above market; underwrite to market rent.

90% standard$2,228 / 1.06 ratio110% standard$2,724 / 1.29 ratio
1.17
2 BR
2 BR
1.17ratio
FMR$2,941
Market$2,510
vs market+$431

FMR is above market; underwrite to market rent.

90% standard$2,647 / 1.05 ratio110% standard$3,235 / 1.29 ratio
1.17
3 BR
3 BR
1.19ratio
FMR$3,526
Market$2,960
vs market+$566

FMR is above market; underwrite to market rent.

90% standard$3,173 / 1.07 ratio110% standard$3,879 / 1.31 ratio
1.19
4 BR
4 BR
1.15ratio
FMR$3,894
Market$3,380
vs market+$514

FMR is above market; underwrite to market rent.

90% standard$3,505 / 1.04 ratio110% standard$4,283 / 1.27 ratio
1.15
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across all bedroom 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 01834 (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.

01834 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 01834 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 01834 FMR, 01834 fair market rent, and 01834 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 01834
Bedroom sizeHUD FMR
Studio$2,359
1 bedroom$2,476
2 bedroom$2,941
3 bedroom$3,526
4 bedroom$3,894