01907
ZIPFMR
Essex County, MA
BRFMR
Eff. Rent
0 BR$2,359$2,060
1 BR$2,476$2,670
2 BR$2,941$3,230
3 BR$3,526$3,880
4 BR$3,894$4,280
5 BR$4,478
6 BR$5,150
7 BR$5,922
8 BR$6,811

Purchase Price Calculator

Maximum purchase price
$418,060

Cost breakdown

+Likely effective rent$3,230
HUD FMR$2,941
Market rent$3,380
Est. payment standard (110%)Used$3,230
Estimated payment standard is $3,230 (110% of FMR).
-Principal and interest-$2,114
Loan amount$334,448
Down payment$83,612
Rate6.50%
Term30 years
-Operating costs-$916
Property taxes-$418
Insurance-$175
Utilities$0
HOA$0
Management-$323
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$51,327(61.4% ROI)
Projected value
$450,205
Current value$418,060
Return breakdown
Property appreciation+$32,145
Loan principal paid down+$11,982
Rental cash flow+$7,200
5-year hold
+$88,305(105.6% ROI)
Projected value
$472,997
Current value$418,060
Return breakdown
Property appreciation+$54,937
Loan principal paid down+$21,368
Rental cash flow+$12,000
10-year hold
+$192,008(229.6% ROI)
Projected value
$535,152
Current value$418,060
Return breakdown
Property appreciation+$117,092
Loan principal paid down+$50,916
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
1.15ratio
FMR$2,359
Market$2,060
vs market+$299

FMR is above market; underwrite to market rent.

90% standard$2,123 / 1.03 ratio110% standard$2,595 / 1.26 ratio
1.15
1 BR
1 BR
0.89ratio
FMR$2,476
Market$2,770
vs market-$294

FMR is below market; voucher rent may lag private rents.

90% standard$2,228 / 0.80 ratio110% standard$2,724 / 0.98 ratio
0.89
2 BR
2 BR
0.87ratio
FMR$2,941
Market$3,380
vs market-$439

FMR is below market; voucher rent may lag private rents.

90% standard$2,647 / 0.78 ratio110% standard$3,235 / 0.96 ratio
0.87
3 BR
3 BR
0.85ratio
FMR$3,526
Market$4,160
vs market-$634

FMR is below market; voucher rent may lag private rents.

90% standard$3,173 / 0.76 ratio110% standard$3,879 / 0.93 ratio
0.85
4 BR
4 BR
0.85ratio
FMR$3,894
Market$4,570
vs market-$676

FMR is below market; voucher rent may lag private rents.

90% standard$3,505 / 0.77 ratio110% standard$4,283 / 0.94 ratio
0.85
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

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 01907 (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.

01907 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 01907 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 01907 FMR, 01907 fair market rent, and 01907 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 01907
Bedroom sizeHUD FMR
Studio$2,359
1 bedroom$2,476
2 bedroom$2,941
3 bedroom$3,526
4 bedroom$3,894