01901
ZIPFMR
Essex County, MA
BRFMR
Eff. Rent
0 BR$2,359$1,920
1 BR$2,476$2,060
2 BR$2,941$2,860
3 BR$3,526$2,980
4 BR$3,894$2,270
5 BR$4,478
6 BR$5,150
7 BR$5,922
8 BR$6,811

Purchase Price Calculator

Maximum purchase price
$363,078

Cost breakdown

+Likely effective rent$2,860
HUD FMR$2,941
Market rentUsed$2,860
Est. payment standard (98%)$2,890
Market rent is below the inferred standard ($2,890, 98% of FMR).
-Principal and interest-$1,836
Loan amount$290,463
Down payment$72,616
Rate6.50%
Term30 years
-Operating costs-$824
Property taxes-$363
Insurance-$175
Utilities$0
HOA$0
Management-$286
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$45,524(62.7% ROI)
Projected value
$390,996
Current value$363,078
Return breakdown
Property appreciation+$27,917
Loan principal paid down+$10,407
Rental cash flow+$7,200
5-year hold
+$78,269(107.8% ROI)
Projected value
$410,790
Current value$363,078
Return breakdown
Property appreciation+$47,711
Loan principal paid down+$18,558
Rental cash flow+$12,000
10-year hold
+$169,912(234.0% ROI)
Projected value
$464,771
Current value$363,078
Return breakdown
Property appreciation+$101,693
Loan principal paid down+$44,220
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
1.23ratio
FMR$2,359
Market$1,920
vs market+$439

FMR is above market; underwrite to market rent.

90% standard$2,123 / 1.11 ratio110% standard$2,595 / 1.35 ratio
1.23
1 BR
1 BR
1.20ratio
FMR$2,476
Market$2,060
vs market+$416

FMR is above market; underwrite to market rent.

90% standard$2,228 / 1.08 ratio110% standard$2,724 / 1.32 ratio
1.20
2 BR
2 BR
1.03ratio
FMR$2,941
Market$2,860
vs market+$81

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

90% standard$2,647 / 0.93 ratio110% standard$3,235 / 1.13 ratio
1.03
3 BR
3 BR
1.18ratio
FMR$3,526
Market$2,980
vs market+$546

FMR is above market; underwrite to market rent.

90% standard$3,173 / 1.06 ratio110% standard$3,879 / 1.30 ratio
1.18
4 BR
4 BR
1.72ratio
FMR$3,894
Market$2,270
vs market+$1,624

FMR is above market; underwrite to market rent.

1.72
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 01901 (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.

01901 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 01901 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 01901 FMR, 01901 fair market rent, and 01901 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 01901
Bedroom sizeHUD FMR
Studio$2,359
1 bedroom$2,476
2 bedroom$2,941
3 bedroom$3,526
4 bedroom$3,894