01854
ZIPFMR
Middlesex County, MA
BRFMR
Eff. Rent
0 BR$2,359$1,650
1 BR$2,476$1,650
2 BR$2,941$2,780
3 BR$3,526$2,950
4 BR$3,894$3,190
5 BR$4,478
6 BR$5,150
7 BR$5,922
8 BR$6,811

Purchase Price Calculator

Maximum purchase price
$351,190

Cost breakdown

+Likely effective rent$2,780
HUD FMR$2,941
Market rentUsed$2,780
Est. payment standard (96%)$2,840
Market rent is below the inferred standard ($2,840, 96% of FMR).
-Principal and interest-$1,776
Loan amount$280,952
Down payment$70,238
Rate6.50%
Term30 years
-Operating costs-$804
Property taxes-$351
Insurance-$175
Utilities$0
HOA$0
Management-$278
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$44,269(63.0% ROI)
Projected value
$378,194
Current value$351,190
Return breakdown
Property appreciation+$27,003
Loan principal paid down+$10,066
Rental cash flow+$7,200
5-year hold
+$76,099(108.3% ROI)
Projected value
$397,340
Current value$351,190
Return breakdown
Property appreciation+$46,149
Loan principal paid down+$17,950
Rental cash flow+$12,000
10-year hold
+$165,135(235.1% ROI)
Projected value
$449,553
Current value$351,190
Return breakdown
Property appreciation+$98,363
Loan principal paid down+$42,772
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
1.43ratio
FMR$2,359
Market$1,650
vs market+$709

FMR is above market; underwrite to market rent.

90% standard$2,123 / 1.29 ratio110% standard$2,595 / 1.57 ratio
1.43
1 BR
1 BR
1.50ratio
FMR$2,476
Market$1,650
vs market+$826

FMR is above market; underwrite to market rent.

90% standard$2,228 / 1.35 ratio110% standard$2,724 / 1.65 ratio
1.50
2 BR
2 BR
1.06ratio
FMR$2,941
Market$2,780
vs market+$161

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

90% standard$2,647 / 0.95 ratio110% standard$3,235 / 1.16 ratio
1.06
3 BR
3 BR
1.20ratio
FMR$3,526
Market$2,950
vs market+$576

FMR is above market; underwrite to market rent.

90% standard$3,173 / 1.08 ratio110% standard$3,879 / 1.31 ratio
1.20
4 BR
4 BR
1.22ratio
FMR$3,894
Market$3,190
vs market+$704

FMR is above market; underwrite to market rent.

90% standard$3,505 / 1.10 ratio110% standard$4,283 / 1.34 ratio
1.22
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 01854 (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.

01854 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 01854 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 01854 FMR, 01854 fair market rent, and 01854 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 01854
Bedroom sizeHUD FMR
Studio$2,359
1 bedroom$2,476
2 bedroom$2,941
3 bedroom$3,526
4 bedroom$3,894