02140
ZIPFMR
Middlesex County, MA
BRFMR
Eff. Rent
0 BR$2,359$2,540
1 BR$2,476$2,720
2 BR$2,941$3,240
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
$419,546

Cost breakdown

+Likely effective rent$3,240
HUD FMR$2,941
Market rent$4,050
Est. payment standard (110%)Used$3,240
Estimated payment standard is $3,240 (110% of FMR).
-Principal and interest-$2,121
Loan amount$335,637
Down payment$83,909
Rate6.50%
Term30 years
-Operating costs-$919
Property taxes-$420
Insurance-$175
Utilities$0
HOA$0
Management-$324
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$51,484(61.4% ROI)
Projected value
$451,805
Current value$419,546
Return breakdown
Property appreciation+$32,259
Loan principal paid down+$12,025
Rental cash flow+$7,200
5-year hold
+$88,576(105.6% ROI)
Projected value
$474,678
Current value$419,546
Return breakdown
Property appreciation+$55,132
Loan principal paid down+$21,444
Rental cash flow+$12,000
10-year hold
+$192,605(229.5% ROI)
Projected value
$537,055
Current value$419,546
Return breakdown
Property appreciation+$117,508
Loan principal paid down+$51,097
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
0.90ratio
FMR$2,359
Market$2,630
vs market-$271

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

90% standard$2,123 / 0.81 ratio110% standard$2,595 / 0.99 ratio
0.90
1 BR
1 BR
0.87ratio
FMR$2,476
Market$2,850
vs market-$374

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

90% standard$2,228 / 0.78 ratio110% standard$2,724 / 0.96 ratio
0.87
2 BR
2 BR
0.73ratio
FMR$2,941
Market$4,050
vs market-$1,109

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

90% standard$2,647 / 0.65 ratio110% standard$3,235 / 0.80 ratio
0.73
3 BR
3 BR
0.80ratio
FMR$3,526
Market$4,420
vs market-$894

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

90% standard$3,173 / 0.72 ratio110% standard$3,879 / 0.88 ratio
0.80
4 BR
4 BR
0.74ratio
FMR$3,894
Market$5,250
vs market-$1,356

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

90% standard$3,505 / 0.67 ratio110% standard$4,283 / 0.82 ratio
0.74
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom 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 02140 (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.

02140 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 02140 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 02140 FMR, 02140 fair market rent, and 02140 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 02140
Bedroom sizeHUD FMR
Studio$2,359
1 bedroom$2,476
2 bedroom$2,941
3 bedroom$3,526
4 bedroom$3,894