Skip to main content
Loading page
Norfolk County/Quincy/02169

02169

ZIPSAFMR
Norfolk County, MA
Zillow

ZIP Investment Score

52Below average

095130300
BRFMR
Eff. Rent
0 BR$2,490$2,300
1 BR$2,570$2,330
2 BR$3,070$2,650
3 BR$3,660$3,170
4 BR$4,030$3,520
5 BR$4,635Not available
6 BR$5,330Not available
7 BR$6,129Not available
8 BR$7,048Not available

Purchase Price Calculator

Maximum purchase price
$331,872

Cost breakdown

+Likely effective rent$2,650
HUD FMR$3,070
Market rentUsed$2,650
Est. payment standard (91%)$2,800
-Principal and interest-$1,678
Loan amount$265,498
Down payment$66,374
Rate6.50%
Term30 years
-Operating costs-$772
Property taxes-$332
Insurance-$175
Utilities$0
HOA$0
Management-$265
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$42,230(63.6% ROI)
Projected value
$357,390
Return breakdown
Property appreciation+$25,518
Loan principal paid down+$9,512
Rental cash flow+$7,200
5-year hold
+$72,573(109.3% ROI)
Projected value
$375,483
Return breakdown
Property appreciation+$43,611
Loan principal paid down+$16,963
Rental cash flow+$12,000
10-year hold
+$157,371(237.1% ROI)
Projected value
$424,825
Return breakdown
Property appreciation+$92,952
Loan principal paid down+$40,419
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
1.08
1 BR
1.10
2 BR
1.16
3 BR
1.15
4 BR
1.14
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 02169 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 02169 (Quincy, MA) is $3,070 a month. That is up 4.4% from $2,940 in FY 2026. Quincy is in the Brockton, MA HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,409. Among 60 ZIP codes in Norfolk County, 02169 has the 18th-highest two-bedroom rent (county range $2,650–$4,420). The median county two-bedroom FMR in Massachusetts is $2,222, so ZIP 02169 is 38% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 02169
BedroomsFY 2027Change90–110% range
Studio$2,490+5.5%$2,241–$2,739
1BR$2,570+3.6%$2,313–$2,827
2BR$3,070+4.4%$2,763–$3,377
3BR$3,660+3.7%$3,294–$4,026
4BR$4,030+3.6%$3,627–$4,433

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 02169
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,490$2,570$3,070$3,660$4,030
FY 2026$2,360$2,480$2,940$3,530$3,890
FY 2025$2,230$2,360$2,800$3,370$3,710
FY 2024$2,200$2,360$2,810$3,400$3,740
FY 2023$2,060$2,240$2,680$3,260$3,600

Two-bedroom rent in nearby Norfolk County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 02169
02135$3,310+7.8%
02136$2,660−13.4%
02169Current$3,070—
02170$2,650−13.7%
02171$3,170+3.3%
02184$2,860−6.8%
02185$2,960−3.6%
02186$2,650−13.7%
02188$2,750−10.4%
02189$2,650−13.7%
02190$2,680−12.7%
02191$2,650−13.7%

Questions about ZIP 02169 rents

How much will Section 8 pay for a two-bedroom in ZIP 02169?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,409, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,168 to $2,650 a month; under the ZIP-level Small Area FMR of $3,070 it would be $2,763 to $3,377. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 02169 in?

ZIP 02169 is in the Brockton, MA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,409.

How much did fair market rent change in ZIP 02169 for FY 2027?

The two-bedroom FMR rose 4.4%, from $2,940 in FY 2026 to $3,070 in FY 2027. Since FY 2023 it has risen 14.6%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentQuincy, MA fair market rentMA statewide rentsWhat is SAFMR?Data sources