02145
ZIPFMR
Middlesex County, MA
BRFMR
Eff. Rent
0 BR$2,359$1,980
1 BR$2,476$2,450
2 BR$2,941$3,150
3 BR$3,526$3,290
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
$406,172

Cost breakdown

+Likely effective rent$3,150
HUD FMR$2,941
Market rent$3,270
Est. payment standard (107%)Used$3,150
Estimated payment standard is $3,150 (107% of FMR).
-Principal and interest-$2,054
Loan amount$324,938
Down payment$81,234
Rate6.50%
Term30 years
-Operating costs-$896
Property taxes-$406
Insurance-$175
Utilities$0
HOA$0
Management-$315
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$50,073(61.6% ROI)
Projected value
$437,403
Current value$406,172
Return breakdown
Property appreciation+$31,231
Loan principal paid down+$11,642
Rental cash flow+$7,200
5-year hold
+$86,135(106.0% ROI)
Projected value
$459,547
Current value$406,172
Return breakdown
Property appreciation+$53,374
Loan principal paid down+$20,760
Rental cash flow+$12,000
10-year hold
+$187,231(230.5% ROI)
Projected value
$519,935
Current value$406,172
Return breakdown
Property appreciation+$113,763
Loan principal paid down+$49,468
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
1.19ratio
FMR$2,359
Market$1,980
vs market+$379

FMR is above market; underwrite to market rent.

90% standard$2,123 / 1.07 ratio110% standard$2,595 / 1.31 ratio
1.19
1 BR
1 BR
1.01ratio
FMR$2,476
Market$2,450
vs market+$26

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

90% standard$2,228 / 0.91 ratio110% standard$2,724 / 1.11 ratio
1.01
2 BR
2 BR
0.90ratio
FMR$2,941
Market$3,270
vs market-$329

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

90% standard$2,647 / 0.81 ratio110% standard$3,235 / 0.99 ratio
0.90
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
0.81ratio
FMR$3,894
Market$4,790
vs market-$896

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

90% standard$3,505 / 0.73 ratio110% standard$4,283 / 0.89 ratio
0.81
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 02145 (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.

02145 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 02145 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 02145 FMR, 02145 fair market rent, and 02145 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 02145
Bedroom sizeHUD FMR
Studio$2,359
1 bedroom$2,476
2 bedroom$2,941
3 bedroom$3,526
4 bedroom$3,894