02121
ZIPFMR
Suffolk County, MA
BRFMR
Eff. Rent
0 BR$2,359$1,920
1 BR$2,476$2,080
2 BR$2,941$2,580
3 BR$3,526$3,290
4 BR$3,894$4,000
5 BR$4,478
6 BR$5,150
7 BR$5,922
8 BR$6,811

Purchase Price Calculator

Maximum purchase price
$321,470

Cost breakdown

+Likely effective rent$2,580
HUD FMR$2,941
Market rentUsed$2,580
Est. payment standard (92%)$2,710
Market rent is below the inferred standard ($2,710, 92% of FMR).
-Principal and interest-$1,626
Loan amount$257,176
Down payment$64,294
Rate6.50%
Term30 years
-Operating costs-$754
Property taxes-$321
Insurance-$175
Utilities$0
HOA$0
Management-$258
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$41,132(64.0% ROI)
Projected value
$346,189
Current value$321,470
Return breakdown
Property appreciation+$24,718
Loan principal paid down+$9,214
Rental cash flow+$7,200
5-year hold
+$70,675(109.9% ROI)
Projected value
$363,714
Current value$321,470
Return breakdown
Property appreciation+$42,244
Loan principal paid down+$16,431
Rental cash flow+$12,000
10-year hold
+$153,191(238.3% ROI)
Projected value
$411,509
Current value$321,470
Return breakdown
Property appreciation+$90,039
Loan principal paid down+$39,152
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
1.19ratio
FMR$2,476
Market$2,080
vs market+$396

FMR is above market; underwrite to market rent.

90% standard$2,228 / 1.07 ratio110% standard$2,724 / 1.31 ratio
1.19
2 BR
2 BR
1.14ratio
FMR$2,941
Market$2,580
vs market+$361

FMR is above market; underwrite to market rent.

90% standard$2,647 / 1.03 ratio110% standard$3,235 / 1.25 ratio
1.14
3 BR
3 BR
1.07ratio
FMR$3,526
Market$3,290
vs market+$236

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

90% standard$3,173 / 0.96 ratio110% standard$3,879 / 1.18 ratio
1.07
4 BR
4 BR
0.96ratio
FMR$3,894
Market$4,050
vs market-$156

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

90% standard$3,505 / 0.87 ratio110% standard$4,283 / 1.06 ratio
0.96
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 02121 (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.

02121 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 02121 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 02121 FMR, 02121 fair market rent, and 02121 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 02121
Bedroom sizeHUD FMR
Studio$2,359
1 bedroom$2,476
2 bedroom$2,941
3 bedroom$3,526
4 bedroom$3,894