01950
ZIPFMR
Essex County, MA
BRFMR
Eff. Rent
0 BR$2,359$2,080
1 BR$2,476$2,570
2 BR$2,941$3,080
3 BR$3,526$3,380
4 BR$3,894$3,370
5 BR$4,478
6 BR$5,150
7 BR$5,922
8 BR$6,811

Purchase Price Calculator

Maximum purchase price
$395,770

Cost breakdown

+Likely effective rent$3,080
HUD FMR$2,941
Market rent$3,160
Est. payment standard (105%)Used$3,080
Estimated payment standard is $3,080 (105% of FMR).
-Principal and interest-$2,001
Loan amount$316,616
Down payment$79,154
Rate6.50%
Term30 years
-Operating costs-$879
Property taxes-$396
Insurance-$175
Utilities$0
HOA$0
Management-$308
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$48,975(61.9% ROI)
Projected value
$426,201
Current value$395,770
Return breakdown
Property appreciation+$30,431
Loan principal paid down+$11,344
Rental cash flow+$7,200
5-year hold
+$84,236(106.4% ROI)
Projected value
$447,778
Current value$395,770
Return breakdown
Property appreciation+$52,007
Loan principal paid down+$20,229
Rental cash flow+$12,000
10-year hold
+$183,050(231.3% ROI)
Projected value
$506,619
Current value$395,770
Return breakdown
Property appreciation+$110,849
Loan principal paid down+$48,201
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
1.13ratio
FMR$2,359
Market$2,080
vs market+$279

FMR is above market; underwrite to market rent.

90% standard$2,123 / 1.02 ratio110% standard$2,595 / 1.25 ratio
1.13
1 BR
1 BR
0.95ratio
FMR$2,476
Market$2,620
vs market-$144

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

90% standard$2,228 / 0.85 ratio110% standard$2,724 / 1.04 ratio
0.95
2 BR
2 BR
0.93ratio
FMR$2,941
Market$3,160
vs market-$219

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

90% standard$2,647 / 0.84 ratio110% standard$3,235 / 1.02 ratio
0.93
3 BR
3 BR
1.04ratio
FMR$3,526
Market$3,380
vs market+$146

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

90% standard$3,173 / 0.94 ratio110% standard$3,879 / 1.15 ratio
1.04
4 BR
4 BR
1.16ratio
FMR$3,894
Market$3,370
vs market+$524

FMR is above market; underwrite to market rent.

90% standard$3,505 / 1.04 ratio110% standard$4,283 / 1.27 ratio
1.16
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 01950 (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.

01950 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 01950 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 01950 FMR, 01950 fair market rent, and 01950 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 01950
Bedroom sizeHUD FMR
Studio$2,359
1 bedroom$2,476
2 bedroom$2,941
3 bedroom$3,526
4 bedroom$3,894